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Updated RecentlystayAPT Suites vs The Registry Collection Hotels Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of stayAPT Suites vs The Registry Collection Hotels including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $4,148,500 - $7,616,000 | $21,810,621 - $35,601,522 |
| Franchise Fee | N/A | N/A |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | 2018 | 2016 |
| Year Franchised | 2018 | 2016 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About stayAPT Suites
!["stayAPT]("https://fddexchange.com/wp-content/uploads/2020/03/stayAPT-Suites.png")
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 The Registry Collection Hotels
!["the]("https://fddexchange.com/wp-content/uploads/2021/01/the-Regisrty-Collection-300x145.png")
Celebrating over a decade of success, The Registry Collection program caters to the
specific needs of members and affiliates in the luxury segment. Our
portfolio of affiliated properties is an elite network of luxury leisure
assets, each one selected as among the very best in its respective
category.
The total investment necessary to begin operation of a typical 150 room Registry Collection Hotel ranges from $21,810,621 to $35,601,522 for a new construction project.
The total investment necessary to begin
operation of a Registry Collection Hotel ranges from $477,269 to
$12,641,252 for a conversion of an existing hotel. Land acquisition
costs are not included in these ranges. The above amounts include a
range of $104,675 to $111,825 that must be paid to the Franchisor or an
affiliate.