TownePlace Suites by Marriott

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Founded

1996

Started franchising

1996

Industry
Hotels
Sub industry

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

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial investment

?

$12,065,000
 - 
$35,489,000

Initial franchise fee

?

$75,000

Royalty fee

?

5.50%

Advertising fee

?

2.00%

Revenue (AUV)

?

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Undisclosed

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Operating Profit

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Undisclosed

vs.

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franchises
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

Sales : Investment ratio

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Undisclosed

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n.a.

Investment Payback

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Undisclosed

n.a.

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Franchise Disclosure Document

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Franchise fees
Total investment

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150+ industry benchmarks
Revenue (AUV)

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Profitability metrics

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Investment Payback (ROI)

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COMPETITORS OF

TownePlace Suites by Marriott

Franchise
Units
Growth
Initial fee
Investment
Revenue (AUV)
Gross Profit

480

+
10%
10%
No growth

$75,000

$12,065,000

-

$35,489,000

Undisclosed

Pro
Pro
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ADDITIONAL INFORMATION

Home based franchise

Passive investment opportunity

Item 19 available

Franchise opportunities in Canada

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