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