WoodSpring Suites vs Residence Inn Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of WoodSpring Suites vs Residence Inn including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  WoodSpring Suites Residence Inn
Investment 5035000 - 7031000 0 - 0
Franchise Fee
Royalty Fee 5%
Advertising Fee 2.50%
Year Founded 2003 0
Year Franchised 2004 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  WoodSpring Suites Residence Inn
Experience

Financing Options

  WoodSpring Suites Residence Inn
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  WoodSpring Suites Residence Inn
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 Residence Inn
US Expansion
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
WoodSpring Suites
Residence Inn
Franchise Fee
WoodSpring Suites
Residence Inn
Royalty Fee
WoodSpring Suites 5%
Residence Inn
Advertising Fee
WoodSpring Suites 2.50%
Residence Inn
Year Founded
WoodSpring Suites 2003
Residence Inn 0
Year Franchised
WoodSpring Suites 2004
Residence Inn 0
Term Of Agreement
WoodSpring Suites
Residence Inn
Renewal Fee
WoodSpring Suites
Residence Inn


Business Experience Requirements

Experience
WoodSpring Suites
Residence Inn

Financing Options

 
Franchise Fees
WoodSpring Suites
Residence Inn
Start-up Costs
WoodSpring Suites
Residence Inn
Equipment
WoodSpring Suites}
Residence Inn
Inventory
WoodSpring Suites
Residence Inn
Receivables
WoodSpring Suites
Residence Inn
Payroll
WoodSpring Suites
Residence Inn

Training & Support

Training
WoodSpring Suites On-The-Job Training: Upon request Classroom Training: Varies
Residence Inn
Support
WoodSpring Suites Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
Residence Inn
Marketing
WoodSpring Suites
Residence Inn
Operations
WoodSpring Suites
Residence Inn

Expansion Plans

US Expansion
WoodSpring Suites
Residence Inn
Canada Expansion
WoodSpring Suites
Residence Inn 0
International Expansion
WoodSpring Suites
Residence Inn