Residence Inn by Marriott

Founded

1997

Started franchising

1997

Industry

Hotels

Sub industry

Residence Inn by Marriott offers extended stay hotel accommodations, providing spacious suites and amenities for travelers seeking home-like comfort.

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial investment

$14,898,000

$43,613,000

Initial franchise fee

$90,000

Royalty fee

6.00%

Advertising fee

2.50%

Revenue (AUV)

vs.

for

franchises

Operating Profit

vs.

for

franchises

Franchised units

772

(

)

(

)

vs. 2 years ago

Company-owned units

Total units

849

UNITS

This is how many units the franchise has in total

Franchised units

Company-owned units

Total units

2023

772

849

769

846

745

109

854

PROFITABILITY

Find how profitable this franchise is vs. industry benchmarks

Residence Inn by Marriott

Hotels

franchises

Revenue

- COGS

Gross Profit

- Labor costs

- Other costs

Operating Profit

Sales : Investment ratio

Investment Payback

Franchise Disclosure Document

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COMPETITORS OF

Residence Inn by Marriott

Hotels

franchises

Franchise

772

No growth

$90,000

$14,898,000

$43,613,000

Undisclosed

No items found.

ADDITIONAL INFORMATION

Home based franchise

Passive investment opportunity

Item 19 available

B2B

Franchise opportunities in Canada

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Residence Inn by Marriott

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