TownePlace Suites by Marriott

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Founded

1996

Started franchising

1996

Industry
Hotels
franchises
Sub industry
franchises

TownePlace Suites by Marriott offers extended stay lodging, providing spacious suites with kitchenettes for guests seeking home-like comfort and convenience.

KEY FRANCHISE STATS

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Initial investment

?

$12,065,000
 - 
$35,489,000

Initial franchise fee

?

$75,000

Royalty fee

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5.50%

Advertising fee

?

2.00%

Revenue (AUV)

?

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Operating Profit

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Sales : Investment ratio

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Investment Payback

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Franchised units

?

480

+
10%
(
44
)
10%
(
44
)

vs. 2 years ago

Company-owned units

?

6

Total units

?

486

UNITS

This is how many units the franchise has in total

Franchised units
Company-owned units
Total units

2023

480

6

486

469

6

475

436

10

446

PROFITABILITY

Find how profitable this franchise is vs. industry benchmarks

TownePlace Suites by Marriott
Hotels
franchises
franchises

Operating Profit

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Undisclosed

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Revenue (AUV)

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Gross margin

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Operating profit

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Sales : Investment Ratio

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Investment Payback (ROI)

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