Start-Up Costs and Fees |
||
| stayAPT Suites | WoodSpring Suites | |
| Investment | 4148500 - 7616000 | 5035000 - 7031000 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | 2.50% | |
| Year Founded | 2018 | 2003 |
| Year Franchised | 2018 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| stayAPT Suites | WoodSpring Suites | |
| Experience | ||
Financing Options |
||
| stayAPT Suites | WoodSpring Suites | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| stayAPT 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 |
||
| stayAPT 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 | |
| stayAPT Suites | |
| WoodSpring Suites | |
| Franchise Fee | |
| stayAPT Suites | |
| WoodSpring Suites | |
| Royalty Fee | |
| stayAPT Suites | |
| WoodSpring Suites | 5% |
| Advertising Fee | |
| stayAPT Suites | |
| WoodSpring Suites | 2.50% |
| Year Founded | |
| stayAPT Suites | 2018 |
| WoodSpring Suites | 2003 |
| Year Franchised | |
| stayAPT Suites | 2018 |
| WoodSpring Suites | 2004 |
| Term Of Agreement | |
| stayAPT Suites | |
| WoodSpring Suites | |
| Renewal Fee | |
| stayAPT Suites | |
| WoodSpring Suites | |
Business Experience Requirements |
|
| Experience | |
| stayAPT Suites | |
| WoodSpring Suites | |
Financing Options |
|
| Franchise Fees | |
| stayAPT Suites | |
| WoodSpring Suites | |
| Start-up Costs | |
| stayAPT Suites | |
| WoodSpring Suites | |
| Equipment | |
| stayAPT Suites} | |
| WoodSpring Suites | |
| Inventory | |
| stayAPT Suites | |
| WoodSpring Suites | |
| Receivables | |
| stayAPT Suites | |
| WoodSpring Suites | |
| Payroll | |
| stayAPT Suites | |
| WoodSpring Suites | |
Training & Support |
|
| Training | |
| stayAPT Suites | |
| WoodSpring Suites | On-The-Job Training: Upon request Classroom Training: Varies |
| Support | |
| stayAPT Suites | |
| WoodSpring Suites | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | |
| stayAPT Suites | |
| WoodSpring Suites | |
| Operations | |
| stayAPT Suites | |
| WoodSpring Suites | |
Expansion Plans |
|
| US Expansion | |
| stayAPT 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 | |
| stayAPT Suites | |
| WoodSpring Suites | |
| International Expansion | |
| stayAPT Suites | |
| WoodSpring Suites | |