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GRANDSTAY RESIDENTIAL SUITES
GrandStay Residential Suites Hotels offer extended-stay accommodations with studio, one-, and two-bedroom suites featuring separate living and sleeping areas, fully equipped kitchens, and hotel services. They target guests needing longer stays, such as those attending seminars, working on special projects, or relocating to the area, providing a home-away-from-home experience. GrandStay Hospitality, LLC franchises these properties along with other hotel types, operating in competitive markets against local, regional, and national lodging facilities.
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Franchise Costs
5% royalty + 2% ad fund + $500/mo technology + $500/mo program fee + $500/mo website use 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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How GRANDSTAY RESIDENTIAL SUITES Compares
Key Insights
- One of the lowest investment costs in Extended Stay (ranked #1 of 9)
- Top 10 largest franchise system in Extended Stay
- One of the lowest SBA loan default rates in Extended Stay
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
GRANDSTAY RESIDENTIAL SUITES Current | $125K – $24.2M | $35K | 5.0% | 32 |
| HAWTHORN SUITES HOTELS AND HAWTHORN SUITES | $12.3M – $14.3M | $40K | 5.5% | 71 |
| HOMETOWNE STUDIOS BY RED ROOF | $11.7M – $14.5M | $30K | 5.5% | 53 |
| Hyatt Studios | $12.0M – $21.5M | $50K | 5.0% | 45 |
| AFFORDABLE SUITES OF AMERICA | $193K – $1.8M | $35K | 5.0% | 18 |
| stayAPT | $7.5M – $12.9M | $40K | 5.0% | 9 |
Extended Stay Average 9 franchises | $7.8M – $15.7M | $39K | 5.2% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 9 Extended Stay franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2025)
Outlets by state across the United States
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SBA Loan History
Historical SBA 7(a) loan data for GRANDSTAY RESIDENTIAL SUITES franchisees (2010 – 2015)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
2 SBA loans on record
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Due 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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Frequently Asked Questions
The total initial investment to open a GRANDSTAY RESIDENTIAL SUITES franchise ranges from $124,900 to $24,175,200. This includes a franchise fee of $35,000. Ongoing royalty fees are 5.0% of gross sales.
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