stayAPT Suites vs Tru by Hilton Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of stayAPT Suites vs Tru by Hilton including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
stayAPT Suites Franchise
Tru by Hilton Franchise
Investment $4,148,500 - $7,616,000$8,332,795 - $13,542,175
Franchise Fee N/A$75,000
Royalty Fee -5%
Advertising Fee -4%
Year Founded 2018-
Year Franchised 2018-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
stayAPT Suites Franchise
Tru by Hilton Franchise
Experience --

Financing Options

 
stayAPT Suites Franchise
Tru by Hilton Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
stayAPT Suites Franchise
Tru by Hilton Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
stayAPT Suites Franchise
Tru by Hilton Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About stayAPT Suites

"stayAPT
A stayAPT Suites™ hotel is an extended- stay hotel offering temporary housing on a weekly or monthly rental basis. stayAPT offers franchisees both the right to develop multiple Hotels under an Area Development Agreement (each Hotel requiring a separate Franchise Agreement) and individual Hotels under a Franchise Agreement.

The total investment necessary to begin operation of a stayAPT Suites™ Hotel with 59 units is from $4,148,500 to $5,378,500 and for 87 units is $6,052,500 to $7,616,000, excluding real estate costs. This includes $51,000 that must be paid to the franchisor or an affiliate. If you sign an Area Development Agreement, you must pay $30,000 for each Hotel you plan to develop, all of which is due at signing. The initial fee paid under the Area Development Agreement is in lieu of the initial franchise fee normally due for a Hotel when the Franchise Agreement for that Hotel is executed.



About Tru by Hilton

"Tru

You deserve Tru's best every day: a clean, comfortable place to stay and service with a smile. If it's not our best, please let us know. We promise to make it right or we'll cover your night.

#68 in Franchise 500 for 2021. Not ranked in 2020.