Start-Up Costs and Fees |
||
| WoodSpring Suites | AmericInn | |
| Investment | 5035000 - 7031000 | 221286 - 7605378 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | 2.50% | 3.25% |
| Year Founded | 2003 | 1980 |
| Year Franchised | 2004 | 1984 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| WoodSpring Suites | AmericInn | |
| Experience | ||
Financing Options |
||
| WoodSpring Suites | AmericInn | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| WoodSpring Suites | AmericInn | |
| Training | On-The-Job Training: Upon request Classroom Training: Varies | Ongoing individual management training |
| Support | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | State of the art Electronic Reservation System and Internet bookings Toll-free 1-800 reservation line Operations consulting Capital improvement reviews Training guides System-wide newsletters Annual workshops |
| Marketing | AmericInn's marketing programs promote brand awareness and maximize revenue through national brand advertising, Website and Internet advertising, a frequent guest rewards program, media relations services and news releases, and sales assistance programs. Marketing Support Support in finding and choosing your hotel location Hotel design and construction support On-site opening assistance Integrated local, regional, and national marketing services Guest relations assistance National brand advertising (billboards, print, trade shows) Website and internet advertising Travel agent and GDS reservations Frequent guest program Chainwide directory Media relations service Graphic design service | |
| Operations | ||
Expansion Plans |
||
| WoodSpring Suites | AmericInn | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| WoodSpring Suites | |
| AmericInn | |
| Franchise Fee | |
| WoodSpring Suites | |
| AmericInn | |
| Royalty Fee | |
| WoodSpring Suites | 5% |
| AmericInn | 5% |
| Advertising Fee | |
| WoodSpring Suites | 2.50% |
| AmericInn | 3.25% |
| Year Founded | |
| WoodSpring Suites | 2003 |
| AmericInn | 1980 |
| Year Franchised | |
| WoodSpring Suites | 2004 |
| AmericInn | 1984 |
| Term Of Agreement | |
| WoodSpring Suites | |
| AmericInn | |
| Renewal Fee | |
| WoodSpring Suites | |
| AmericInn | |
Business Experience Requirements |
|
| Experience | |
| WoodSpring Suites | |
| AmericInn | |
Financing Options |
|
| Franchise Fees | |
| WoodSpring Suites | |
| AmericInn | |
| Start-up Costs | |
| WoodSpring Suites | |
| AmericInn | |
| Equipment | |
| WoodSpring Suites} | |
| AmericInn | |
| Inventory | |
| WoodSpring Suites | |
| AmericInn | |
| Receivables | |
| WoodSpring Suites | |
| AmericInn | |
| Payroll | |
| WoodSpring Suites | |
| AmericInn | |
Training & Support |
|
| Training | |
| WoodSpring Suites | On-The-Job Training: Upon request Classroom Training: Varies |
| AmericInn | Ongoing individual management training |
| Support | |
| WoodSpring Suites | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| AmericInn | State of the art Electronic Reservation System and Internet bookings Toll-free 1-800 reservation line Operations consulting Capital improvement reviews Training guides System-wide newsletters Annual workshops |
| Marketing | |
| WoodSpring Suites | |
| AmericInn | AmericInn's marketing programs promote brand awareness and maximize revenue through national brand advertising, Website and Internet advertising, a frequent guest rewards program, media relations services and news releases, and sales assistance programs. Marketing Support Support in finding and choosing your hotel location Hotel design and construction support On-site opening assistance Integrated local, regional, and national marketing services Guest relations assistance National brand advertising (billboards, print, trade shows) Website and internet advertising Travel agent and GDS reservations Frequent guest program Chainwide directory Media relations service Graphic design service |
| Operations | |
| WoodSpring Suites | |
| AmericInn | |
Expansion Plans |
|
| US Expansion | |
| WoodSpring Suites | |
| AmericInn | |
| Canada Expansion | |
| WoodSpring Suites | |
| AmericInn | 0 |
| International Expansion | |
| WoodSpring Suites | |
| AmericInn | |