Hospitality vs GrandStay Residential Suites Franchise Comparison

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

Start-Up Costs and Fees

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


Business Experience Requirements

  Hospitality GrandStay Residential Suites
Experience

Financing Options

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

Training & Support

  Hospitality GrandStay Residential Suites
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

  Hospitality GrandStay Residential 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 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
Hospitality
GrandStay Residential Suites
Franchise Fee
Hospitality
GrandStay Residential Suites
Royalty Fee
Hospitality $35/rm/night
GrandStay Residential Suites 5%
Advertising Fee
Hospitality
GrandStay Residential Suites 2%
Year Founded
Hospitality 1971
GrandStay Residential Suites 2000
Year Franchised
Hospitality 1982
GrandStay Residential Suites 2000
Term Of Agreement
Hospitality 5 years
GrandStay Residential Suites
Renewal Fee
Hospitality
GrandStay Residential Suites


Business Experience Requirements

Experience
Hospitality
GrandStay Residential Suites

Financing Options

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

Training & Support

Training
Hospitality Classroom Training: 10.5 hours Additional Training: At regional training seminars
GrandStay Residential Suites
Support
Hospitality Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
GrandStay Residential Suites
Marketing
Hospitality Ad Templates Regional Advertising Social media Website development Email marketing
GrandStay Residential Suites
Operations
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)
GrandStay Residential Suites

Expansion Plans

US Expansion
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
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
Canada Expansion
Hospitality Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
GrandStay Residential Suites
International Expansion
Hospitality
GrandStay Residential Suites