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.
Extended Stay America
Total number of properties (Global): 650
Total number of properties (U.S.): 93
Rewards program: Extended Perks
Contact: Mark Williams, firstname.lastname@example.org
|BRAND||FRANCHISING SINCE||CHAIN SCALE||FRANCHISE FEES||PROPERTIES IN SYSTEM||ROOMS IN SYSTEM|
|Extended Stay America Suites; Extended Stay America Premier Suites||2018||Midscale||Application: $50,000|
Royalty: 5% of Gross Room Revenue
Marketing: 5% of Gross Room Revenue
|Corporate owned: 557|
|Corporate owned: 61,893