3/10

Franchimp Summary Rating

3 /10
Investment Accessibility
Higher than 73% of peers

Franchise Summary

Description
The franchisee will establish and operate a Courtyard by Marriott select-service hotel.
Company Background
Marriott International, Inc. is a leading global hospitality company with more than 6,500 properties in 130 countries and territories. Marriott operates and franchises hotels under the Marriott Hotels(R), Westin Hotels & Resorts(R), Renaissance(R) Hotels, JW Marriott(R), Courtyard by Marriott(TM), Fairfield Inn & Suites by Marriott(R), SpringHill Suites by Marriott(R), Sheraton Hotels & Resorts(R), Delta Hotels by Marriot(TM), Le M?ridien Hotels&Resorts(R), W Hotel(R) and Autograph Collection(R) brands. The company also operates award-winning loyalty programs: Marriott Rewards that includes The Ritz-Carlton Rewards; SPG (Starwood Preferred Guest); and its most recent program -
Franchise Opportunity
The traveler needs a comfortable, affordable place to stay that is close to the airport. With airports becoming more and more congested, travelers are looking for hotels that are close to the airport. Courtyard by Marriott is the perfect solution. Our hotels are close to the airport and offer all of the amenities that you need while you're away from home. Plus, our prices are unbeatable.
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.

Franchise Types Available

# Type Investment Fees

Distribution of Courtyard by Marriott Franchisees

Courtyard by Marriott Franchise System Development in 2021

FAQ

How much investment do I need to start my own Courtyard by Marriott business?
Franchisees typically require at least $14 to $39 investment to get their Courtyard by Marriott business started
What are the initial franchise fees for Courtyard by Marriott?
Franchisees typically need to pay at least $161 in fees directly to Courtyard by Marriott in order to earn the right to launch their business
How much money can I make with a Courtyard by Marriott franchise? What are the average revenues for a typical Courtyard by Marriott business?
We haven’t done the math on how much revenue a typical Courtyard by Marriott brings in each year. We estimate that other franchisees in the Lodging & Leisure industry generate $882,894 revenue, so we would expect Courtyard by Marriott to generate a similar amount
How long do I need to commit to running a Courtyard 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

3 /10
The Franchisor's investment costs ranges from $14,444,110 to $39,361,610 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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