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CORATEL INN & SUITES
CORATEL INN & SUITES offers franchises for the operation of hotel businesses. The franchise system is characterized by a distinctive interior design, uniform guidelines, and operational procedures. The target market includes members of the general public and business entities seeking hotel accommodations.
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Franchise Costs
4.5% royalty + 4.5% marketing fee
Financial Performance
Item 19 Financial Performance
This franchise did not provide Item 19 financial performance data.
Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.
Extracted Item 19 Section
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Unlock financial performance dataHow CORATEL INN & SUITES Compares
Key Insights
- One of the lowest investment costs in Hotels (ranked #1 of 36)
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
CORATEL INN & SUITES Current | $50K – $230K | $15K | 4.5% | 14 |
| SUPER 8 | $4.7M – $6.9M | $25K | 5.5% | 1,375 |
| DAYS INN, DAYS HOTEL AND DAYS INN & SUITES | $7.6M – $9.4M | $35K | 5.5% | 1,235 |
| LA QUINTA INN & SUITES | $12.8M – $17.2M | $55K | 5.5% | 884 |
| RED ROOF PLUS AND SUITES | $7.3M – $8.9M | $27K | 5.0% | 596 |
| BAYMONT INN & BAYMONT INN & SUITES | $7.6M – $10.5M | $26K | 5.0% | 547 |
Hotels Average 36 franchises | $8.1M – $20.9M | $48K | 5.2% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 36 Hotels franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
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Unlock location growth dataDue Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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Unlock due diligence reportsFrequently Asked Questions
The total initial investment to open a CORATEL INN & SUITES franchise ranges from $50,000 to $230,000. This includes a franchise fee of $15,000. Ongoing royalty fees are 4.5% of gross sales.