Aloft Hotels by Marriott
Lodging & Leisure LodgingCompany Information
Address
7750 Wisconsin Avenue Bethesda, Maryland 20814
Website
Tel
Email
Franchise Summary
Description
The franchisee will establish and operate an Aloft select-service hotel.
Company Background
Residence Inn by Marriott hotel is a franchisee for the extended-stay market segment. The Residence Inn by Marriott hotel offers residential style accommodations with high quality amenities and services.
Franchise Opportunity
The extended stay market is growing and there are not enough hotels that offer the same comfort of home. With Residence Inn by Marriott, you can enjoy all the comforts of a home away from home. We have kitchens in every room so you can cook meals for your family or friends. You'll also find complimentary grocery shopping service to stock up on items like milk, eggs, cereal and more! Plus we have plenty of space to relax with an outdoor pool and hot tub where guests can unwind after a long day. Our hotel offers spacious suites with fully equipped kitchens including full-size refrigerators, stovetops/ovens, microwaves as well as coffee makers and dishwashers for added convenience; free high-speed internet access throughout the hotel; outdoor swimming pool & whirlpool spa; 24 hour fitness center; business center featuring computer work stations with printers & fax machines plus copy & print services available at front desk (charges may
Corporate Structure
Marriott International, Inc. is a corporation incorporated under the laws of the State of Delaware in 1997. Their principal business address is 10400 Fernwood Road, Bethesda, Maryland 20817.
Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Franchise Types Available
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Employee Contact Database
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Distribution of Aloft Hotels by Marriott Franchisees
Aloft Hotels by Marriott Franchise System Development in 2022
Historical Aloft Hotels by Marriott System Growth
FAQ
How much investment do I need to start my own Aloft Hotels by Marriott business?
Franchisees typically require at least $13 to $28 investment to get their Aloft Hotels by Marriott business started
What are the initial franchise fees for Aloft Hotels by Marriott?
Franchisees typically need to pay at least $162 in fees directly to Aloft Hotels by Marriott in order to earn the right to launch their business
How much money can I make with a Aloft Hotels by Marriott franchise? What are
the average revenues for a typical Aloft Hotels by Marriott business?
We haven’t done the math on how much revenue a typical
Aloft Hotels by Marriott brings in each year. We estimate that other
franchisees in the Lodging & Leisure industry generate
$882,894 revenue, so we would expect
Aloft Hotels by Marriott to generate a similar amount
How long do I need to commit to running a Aloft Hotels by Marriott unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$13,108,910 to $28,988,510
which is
Much Higher
than the $0 to $0 average in the Lodging industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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