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