Franchimp Summary Rating
Higher than 65% of peers
Franchise Summary
Description
The franchisee will establish and operate a SpringHill Suites by Marriott select-service hotel.
Company Background
The SpringHill Suites by Marriott is a select-service hotel that provides guests with all the comforts of home. As a franchisee, you will be able to establish and operate your very own SpringHill Suites by Marriott in any location. With over 60 years of experience in the hospitality industry, we know what it takes to offer our guests an unparalleled stay. We're committed to providing our guests with sophisticated accommodations and amenities that cater to their every need and want. You can expect cleanliness, style, comfort and convenience at your SpringHill Suites by Marriott!
Franchise Opportunity
The traveler is looking for a comfortable and affordable place to stay with all the amenities of a full-service hotel. Full-service hotels can be expensive, and they often don't have the space or amenities that the traveler is looking for. SpringHill Suites by Marriott offers guests all the comfort and convenience of a full-service hotel at an affordable price. Our suites are spacious and include a separate living area, desk, and bedroom. We also offer free Wi-Fi, breakfast, and parking.
Corporate Structure
Marriott International, Inc. 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 |
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Distribution of SpringHill Suites by Marriott Franchisees
SpringHill Suites by Marriott Franchise System Development in 2022
FAQ
How much investment do I need to start my own SpringHill Suites by Marriott business?
Franchisees typically require at least $12 to $35 investment to get their SpringHill Suites by Marriott business started
What are the initial franchise fees for SpringHill Suites by Marriott?
Franchisees typically need to pay at least $141 in fees directly to SpringHill Suites by Marriott in order to earn the right to launch their business
How much money can I make with a SpringHill Suites by Marriott franchise? What are
the average revenues for a typical SpringHill Suites by Marriott business?
We haven’t done the math on how much revenue a typical
SpringHill Suites by Marriott brings in each year. We estimate that other
franchisees in the Lodging & Leisure industry generate
$882,894 revenue, so we would expect
SpringHill Suites by Marriott to generate a similar amount
How long do I need to commit to running a SpringHill Suites 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
$12,116,300 to $35,390,100
which is
Much Higher
than the $0 to $0 average in the Hotels & Resorts 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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