Start-Up Costs and Fees |
||
| WoodSpring Suites | MHO Hotel | |
| Investment | 5035000 - 7031000 | 59400 - 1238000 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | 2.50% | |
| Year Founded | 2003 | 2020 |
| Year Franchised | 2004 | 2020 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| WoodSpring Suites | MHO Hotel | |
| Experience | ||
Financing Options |
||
| WoodSpring Suites | MHO Hotel | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| WoodSpring Suites | MHO Hotel | |
| 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 | MHO Hotel | |
| 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 | |
| MHO Hotel | |
| Franchise Fee | |
| WoodSpring Suites | |
| MHO Hotel | |
| Royalty Fee | |
| WoodSpring Suites | 5% |
| MHO Hotel | |
| Advertising Fee | |
| WoodSpring Suites | 2.50% |
| MHO Hotel | |
| Year Founded | |
| WoodSpring Suites | 2003 |
| MHO Hotel | 2020 |
| Year Franchised | |
| WoodSpring Suites | 2004 |
| MHO Hotel | 2020 |
| Term Of Agreement | |
| WoodSpring Suites | |
| MHO Hotel | |
| Renewal Fee | |
| WoodSpring Suites | |
| MHO Hotel | |
Business Experience Requirements |
|
| Experience | |
| WoodSpring Suites | |
| MHO Hotel | |
Financing Options |
|
| Franchise Fees | |
| WoodSpring Suites | |
| MHO Hotel | |
| Start-up Costs | |
| WoodSpring Suites | |
| MHO Hotel | |
| Equipment | |
| WoodSpring Suites} | |
| MHO Hotel | |
| Inventory | |
| WoodSpring Suites | |
| MHO Hotel | |
| Receivables | |
| WoodSpring Suites | |
| MHO Hotel | |
| Payroll | |
| WoodSpring Suites | |
| MHO Hotel | |
Training & Support |
|
| Training | |
| WoodSpring Suites | On-The-Job Training: Upon request Classroom Training: Varies |
| MHO Hotel | |
| Support | |
| WoodSpring Suites | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| MHO Hotel | |
| Marketing | |
| WoodSpring Suites | |
| MHO Hotel | |
| Operations | |
| WoodSpring Suites | |
| MHO Hotel | |
Expansion Plans |
|
| US Expansion | |
| WoodSpring Suites | |
| MHO Hotel | 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 | |
| MHO Hotel | |
| International Expansion | |
| WoodSpring Suites | |
| MHO Hotel | |