Start-Up Costs and Fees |
||
| @LodgingOrg | WoodSpring Suites | |
| Investment | 0 - 0 | 5035000 - 7031000 |
| Franchise Fee | 0 | |
| Royalty Fee | 0 | 5% |
| Advertising Fee | 2.50% | |
| Year Founded | 2013 | 2003 |
| Year Franchised | 2013 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| @LodgingOrg | WoodSpring Suites | |
| Experience | ||
Financing Options |
||
| @LodgingOrg | WoodSpring Suites | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| @LodgingOrg | WoodSpring Suites | |
| Training | On-The-Job Training: Upon request Classroom Training: Varies | |
| Support | Grand opening, Internet, Field operations/evaluations | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| @LodgingOrg | 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 | |
| @LodgingOrg | |
| WoodSpring Suites | |
| Franchise Fee | |
| @LodgingOrg | |
| WoodSpring Suites | |
| Royalty Fee | |
| @LodgingOrg | 0 |
| WoodSpring Suites | 5% |
| Advertising Fee | |
| @LodgingOrg | |
| WoodSpring Suites | 2.50% |
| Year Founded | |
| @LodgingOrg | 2013 |
| WoodSpring Suites | 2003 |
| Year Franchised | |
| @LodgingOrg | 2013 |
| WoodSpring Suites | 2004 |
| Term Of Agreement | |
| @LodgingOrg | |
| WoodSpring Suites | |
| Renewal Fee | |
| @LodgingOrg | |
| WoodSpring Suites | |
Business Experience Requirements |
|
| Experience | |
| @LodgingOrg | |
| WoodSpring Suites | |
Financing Options |
|
| Franchise Fees | |
| @LodgingOrg | No |
| WoodSpring Suites | No |
| Start-up Costs | |
| @LodgingOrg | |
| WoodSpring Suites | |
| Equipment | |
| @LodgingOrg} | |
| WoodSpring Suites | |
| Inventory | |
| @LodgingOrg | |
| WoodSpring Suites | |
| Receivables | |
| @LodgingOrg | |
| WoodSpring Suites | |
| Payroll | |
| @LodgingOrg | |
| WoodSpring Suites | |
Training & Support |
|
| Training | |
| @LodgingOrg | |
| WoodSpring Suites | On-The-Job Training: Upon request Classroom Training: Varies |
| Support | |
| @LodgingOrg | Grand opening, Internet, Field operations/evaluations |
| WoodSpring Suites | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | |
| @LodgingOrg | |
| WoodSpring Suites | |
| Operations | |
| @LodgingOrg | |
| WoodSpring Suites | |
Expansion Plans |
|
| US Expansion | |
| @LodgingOrg | 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 | |
| @LodgingOrg | |
| WoodSpring Suites | |
| International Expansion | |
| @LodgingOrg | |
| WoodSpring Suites | |