How much does it cost to open a hotel & lodging franchise?
The average initial investment for hotel & lodging franchises ranges from $7.8M to $18.6M. The average franchise fee is $53K. Investment requirements vary significantly by brand, location, and format.
What are the largest hotel & lodging franchise brands?
The largest hotel & lodging franchises by location count include: QUALITY INN (1,621 locations), SUPER 8 (1,375 locations), DAYS INN, DAYS HOTEL AND DAYS INN & SUITES (1,235 locations), LA QUINTA INN & SUITES (884 locations), RED ROOF PLUS AND SUITES (584 locations). These established brands offer proven systems and widespread brand recognition.
What are the most affordable hotel & lodging franchises?
The most affordable hotel & lodging franchises include: STUDIO 6 (from $97K), COBBLESTONE SUITES (from $100K), SIGNATURE INN (from $123K), GRANDSTAY RESIDENTIAL SUITES (from $125K), Red Carpet Inn (from $134K). Lower investment franchises may have smaller territories, home-based models, or mobile concepts.
How do I evaluate a hotel & lodging franchise opportunity?
When evaluating hotel & lodging franchises, review the Franchise Disclosure Document (FDD) carefully. Key areas to examine include Item 5 (fees), Item 7 (initial investment), Item 19 (financial performance), and Item 20 (outlet data). Our database provides this data extracted from official FDD filings to help you compare opportunities.