Start-Up Costs and Fees |
||
| Hotel RL | WoodSpring Suites | |
| Investment | 1335000 - 36191500 | 5035000 - 7031000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | 3.50% | 2.50% |
| Year Founded | 2005 | 2003 |
| Year Franchised | 2005 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hotel RL | WoodSpring Suites | |
| Experience | ||
Financing Options |
||
| Hotel RL | WoodSpring Suites | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Hotel RL | 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 |
||
| Hotel RL | 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 | |
| Hotel RL | |
| WoodSpring Suites | |
| Franchise Fee | |
| Hotel RL | |
| WoodSpring Suites | |
| Royalty Fee | |
| Hotel RL | 5% |
| WoodSpring Suites | 5% |
| Advertising Fee | |
| Hotel RL | 3.50% |
| WoodSpring Suites | 2.50% |
| Year Founded | |
| Hotel RL | 2005 |
| WoodSpring Suites | 2003 |
| Year Franchised | |
| Hotel RL | 2005 |
| WoodSpring Suites | 2004 |
| Term Of Agreement | |
| Hotel RL | |
| WoodSpring Suites | |
| Renewal Fee | |
| Hotel RL | |
| WoodSpring Suites | |
Business Experience Requirements |
|
| Experience | |
| Hotel RL | |
| WoodSpring Suites | |
Financing Options |
|
| Franchise Fees | |
| Hotel RL | |
| WoodSpring Suites | |
| Start-up Costs | |
| Hotel RL | |
| WoodSpring Suites | |
| Equipment | |
| Hotel RL} | |
| WoodSpring Suites | |
| Inventory | |
| Hotel RL | |
| WoodSpring Suites | |
| Receivables | |
| Hotel RL | |
| WoodSpring Suites | |
| Payroll | |
| Hotel RL | |
| WoodSpring Suites | |
Training & Support |
|
| Training | |
| Hotel RL | |
| WoodSpring Suites | On-The-Job Training: Upon request Classroom Training: Varies |
| Support | |
| Hotel RL | |
| WoodSpring Suites | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | |
| Hotel RL | |
| WoodSpring Suites | |
| Operations | |
| Hotel RL | |
| WoodSpring Suites | |
Expansion Plans |
|
| US Expansion | |
| Hotel RL | 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 | |
| Hotel RL | |
| WoodSpring Suites | |
| International Expansion | |
| Hotel RL | |
| WoodSpring Suites | |