GrandStay Residential Suites vs Hospitality Franchise Comparison

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

Start-Up Costs and Fees
  GrandStay Residential Suites Hospitality
Investment 117900 - 10090200 133600 - 2602000
Franchise Fee 0
Royalty Fee 5% $35/rm/night
Advertising Fee 2%
Year Founded 2000 1971
Year Franchised 2000 1982
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  GrandStay Residential Suites Hospitality
Experience

Financing Options
  GrandStay Residential Suites Hospitality
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  GrandStay Residential Suites Hospitality
Training Classroom Training: 10.5 hours Additional Training: At regional training seminars
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
Marketing Ad Templates Regional Advertising Social media Website development Email marketing
Operations 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)

Expansion Plans
  GrandStay Residential Suites Hospitality
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion

Start-Up Costs and Fees Mobile
Investment
GrandStay Residential Suites
Hospitality
Franchise Fee
GrandStay Residential Suites
Hospitality
Royalty Fee
GrandStay Residential Suites 5%
Hospitality $35/rm/night
Advertising Fee
GrandStay Residential Suites 2%
Hospitality
Year Founded
GrandStay Residential Suites 2000
Hospitality 1971
Year Franchised
GrandStay Residential Suites 2000
Hospitality 1982
Term Of Agreement
GrandStay Residential Suites
Hospitality 5 years
Renewal Fee
GrandStay Residential Suites
Hospitality


Business Experience Requirements
Experience
GrandStay Residential Suites
Hospitality

Financing Options
 
Franchise Fees
GrandStay Residential Suites
Hospitality
Start-up Costs
GrandStay Residential Suites
Hospitality
Equipment
GrandStay Residential Suites}
Hospitality
Inventory
GrandStay Residential Suites
Hospitality
Receivables
GrandStay Residential Suites
Hospitality
Payroll
GrandStay Residential Suites
Hospitality

Training & Support
Training
GrandStay Residential Suites
Hospitality Classroom Training: 10.5 hours Additional Training: At regional training seminars
Support
GrandStay Residential Suites
Hospitality Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
Marketing
GrandStay Residential Suites
Hospitality Ad Templates Regional Advertising Social media Website development Email marketing
Operations
GrandStay Residential Suites
Hospitality 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)

Expansion Plans
US Expansion
GrandStay Residential Suites Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Hospitality Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
GrandStay Residential Suites
Hospitality Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion
GrandStay Residential Suites
Hospitality