Given the one- to two-decade length of most franchise contracts, entering into that relationship is a major decision for a hotelier. LODGING‘s annual Guide to Franchising is an invaluable resource for making that decision, providing detailed brand information ranging from financial terms to chain scale to the latest developments. To help hoteliers looking to team up with a franchise partner, LODGING is spotlighting over 90 brands this year as part of its online Guide to Franchising.
The following companies and their brands are listed in alphabetical order.
stayAPT Suites
COMPANY SNAPSHOT
Total number of properties (Global): 9
Total number of properties (U.S.): 2
Rewards program: N/A
Contact: Jennifer Kearney, franchising@stayapt.com
| BRAND | FRANCHISING SINCE | CHAIN SCALE | FRANCHISE FEES | PROPERTIES IN SYSTEM | ROOMS IN SYSTEM |
|---|---|---|---|---|---|
| stayAPT Suites | 2020 | Midscale Extended Stay | Initial & Application Combined: $35,000 Royalty: 5% of Gross Room Revenue Marketing: 2% of Gross Room Revenue | Corporate Owned: 7 Franchised: 2 Total: 9 | Corporate Owned: 438 Franchised: 123 Total: 561 |
