SpringHill Suites by Marriott

Founded

1997

Started franchising

1997

Industry

Hotels

Sub industry

SpringHill Suites by Marriott offers all-suite hotel accommodations, catering to travelers seeking spacious rooms and modern amenities for a comfortable stay.

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial investment

$12,116,000

$35,390,000

Initial franchise fee

$75,000

Royalty fee

5.50%

Advertising fee

2.50%

Revenue (AUV)

vs.

for

franchises

Operating Profit

vs.

for

franchises

Franchised units

507

11%

(

)

11%

(

)

vs. 2 years ago

Company-owned units

Total units

532

UNITS

This is how many units the franchise has in total

Franchised units

Company-owned units

Total units

2023

507

532

486

512

458

488

PROFITABILITY

Find how profitable this franchise is vs. industry benchmarks

SpringHill Suites 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

SpringHill Suites by Marriott

Hotels

franchises

Franchise

507

11%

No growth

$75,000

$12,116,000

$35,390,000

Undisclosed

No items found.

ADDITIONAL INFORMATION

Home based franchise

Passive investment opportunity

Item 19 available

B2B

Franchise opportunities in Canada

International franchise opportunities

E2 Visa franchise

SpringHill Suites by Marriott

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