Start-Up Costs and Fees |
||
| GrandStay Residential Suites | WoodSpring Suites | |
| Investment | 117900 - 10090200 | 5035000 - 7031000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | 2% | 2.50% |
| Year Founded | 2000 | 2003 |
| Year Franchised | 2000 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| GrandStay Residential Suites | WoodSpring Suites | |
| Experience | ||
Financing Options |
||
| GrandStay Residential Suites | WoodSpring Suites | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| GrandStay Residential Suites | WoodSpring Suites | |
| Training | On-The-Job Training: Upon request Classroom Training: Varies | |
| Support | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | |
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| GrandStay Residential Suites | WoodSpring Suites | |
| 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 | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| GrandStay Residential Suites | |
| WoodSpring Suites | |
| Franchise Fee | |
| GrandStay Residential Suites | |
| WoodSpring Suites | |
| Royalty Fee | |
| GrandStay Residential Suites | 5% |
| WoodSpring Suites | 5% |
| Advertising Fee | |
| GrandStay Residential Suites | 2% |
| WoodSpring Suites | 2.50% |
| Year Founded | |
| GrandStay Residential Suites | 2000 |
| WoodSpring Suites | 2003 |
| Year Franchised | |
| GrandStay Residential Suites | 2000 |
| WoodSpring Suites | 2004 |
| Term Of Agreement | |
| GrandStay Residential Suites | |
| WoodSpring Suites | |
| Renewal Fee | |
| GrandStay Residential Suites | |
| WoodSpring Suites | |
Business Experience Requirements |
|
| Experience | |
| GrandStay Residential Suites | |
| WoodSpring Suites | |
Financing Options |
|
| Franchise Fees | |
| GrandStay Residential Suites | |
| WoodSpring Suites | |
| Start-up Costs | |
| GrandStay Residential Suites | |
| WoodSpring Suites | |
| Equipment | |
| GrandStay Residential Suites} | |
| WoodSpring Suites | |
| Inventory | |
| GrandStay Residential Suites | |
| WoodSpring Suites | |
| Receivables | |
| GrandStay Residential Suites | |
| WoodSpring Suites | |
| Payroll | |
| GrandStay Residential Suites | |
| WoodSpring Suites | |
Training & Support |
|
| Training | |
| GrandStay Residential Suites | |
| WoodSpring Suites | On-The-Job Training: Upon request Classroom Training: Varies |
| Support | |
| GrandStay Residential Suites | |
| WoodSpring Suites | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | |
| GrandStay Residential Suites | |
| WoodSpring Suites | |
| Operations | |
| GrandStay Residential Suites | |
| WoodSpring Suites | |
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 |
| WoodSpring Suites | |
| Canada Expansion | |
| GrandStay Residential Suites | |
| WoodSpring Suites | |
| International Expansion | |
| GrandStay Residential Suites | |
| WoodSpring Suites | |