| ||||
Updated RecentlyLe Meridien Franchise
Hotels
100 properties in more than 40 countries, was acquired by Starwood
Hotels & Resorts Worldwide, Inc. (NYSE: HOT) in November 2005. With
more than 80 of its properties located in Europe, Africa, the Middle
East, and Asia-Pacific, Le Méridien provided a strong international
complement to Starwood’s then primarily North American holdings at the
time of purchase. Since then, Le Méridien has gone through a brand
re-launch, which included a large scale hotels product consolidation as
well as redefining its brand strategy. Through creation of the LM100
artist community, Le Méridien has transformed numerous guest touch
points, thus bringing unique, interactive and curated experiences to its
guests. Plans call for dynamic expansion of Le Méridien Hotels and
Resorts , concentrating on markets in
Asia-Pacific and the Americas.
Le Méridien hotel, excluding the cost of real estate and related costs
(building permit, tap, and impact fees), ranges from $61,886,490 to
$96,761,490 for a 250-guestroom hotel. This includes approximately
$317,000 to
$399,000 that must be paid to the franchisor or an affiliate.
It's time to give yourself permission to build your days around what's important to you! You're in Control!
For more information, complete our FREE FRANCHISE ADVICE form!
How much does it cost to open a Le Meridien Franchise?
The investment required to open a Le Meridien Franchise is between $61,886,490-$96,761,490.
Individual Unit Costs
- Initial Investment:
$61,886,490-$96,761,490 - Initial Franchise Fee:
N/A - Royalty Fee:
N/A - Advertising Fee:
N/A
Click here to compare with
franchises similar to Le Meridien
When did Le Meridien start Franchising? 2005
United States: Nationwide
International: Worldwide
To calculate how much income a franchise owner can do at Le Meridien Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
10 Other Franchises in this Family
- Courtyard By Marriott
- Fairfield Inns
- JW Marriott Hotels & Resorts
- Marriott Conference Centers
- Marriott Hotels & Resorts
- Moxy Hotels
- Residence Inn
- SpringHill Suites
- The Luxury Collection
- TownePlace Suites
Listing Tags
Legal Disclaimer: This information is not a franchise offering for Le Meridien and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Le Meridien franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Le Meridien
10400 Fernwood Road
Bethesda,
MD
20817