HomeTowne Studios by Red Roof is an extended stay hotel with flexible daily, weekly, and monthly rate options.• Fully Furnished Rooms• Kitchen• Full Sized Refrigerator • Microwave• 2-Burner Stove Top• Kitchen Table with Chairs • Weekly House Keeping• On-site Laundry• Free High-Speed WiFi• HD Flat Screen TV• Extended Cable Package• Free Domestic Phone Service • All Inclusive Pricing - No Utility Bills! • Rate Options: Daily, Weekly, MonthlyThe total investment necessary to begin operation of a HomeTowne Studios by Red Roof or a Home Town Inn lodging franchise for a 65-room conversion hotel ranges from $345,500 to $1,238,500. These amounts do not include the costs of land, original construction or acquisition, or ground or building lease rent for the hotel location but do include the approximately $56,500 to $62,000 that must be paid to the franchisor or an affiliate.