Staybridge Suites Franchise [DRAFT PAGE] -->
Unlock the potential of owning a Staybridge Suites franchise with exceptional support, top amenities, and a trusted brand under IHG.
Staybridge Suites Franchise Snapshot
- Current Locations (Approx): 185
- Initial Term: 20
Staybridge Suites Franchise Cost
- Total Investment: $15,352,595 - $22,436,565
- Minimum Franchise Fee: $156,615
- Maximum Franchise Fee: $190,000
- Minimum Royalty Fee: 5%
- Maximum Advertising Fee: 5.00%
Staybridge Suites Franchise Description
Staybridge Suites is a creative, all-suite hotel brand that caters to extended-stay guests desiring a sense of community and home. Established in 1997 in Alpharetta, Georgia, Staybridge Suites is part of the InterContinental Hotels Group (IHG) and has grown to over 319 locations worldwide, with more than 250 in the United States.
Why Choose Staybridge Suites?
- Established Brand: Benefit from the recognition and reputation of a trusted brand within the IHG family.
- Comprehensive Support: Extensive support through groundbreaking, development, and/or reconstruction phases to ensure success.
- Top-Notch Amenities: Provide guests with amenities such as conference centers, leisure facilities, and social spaces.
- Technological Capabilities: Access to proprietary software and a centralized support network to enhance operational efficiency.
- Marketing Campaigns: Benefit from national media campaigns and a robust loyalty program to attract guests.
Financial Requirements and Ongoing Fees
Here's a breakdown of the initial and ongoing financial commitments for owning a Staybridge Suites franchise:
- Initial Franchise Fee: $75,000
- Initial Investment: Ranges from $17.7 million to $26.6 million, covering real estate, equipment, supplies, licenses, and working capital.
- Royalty Fee: Ongoing royalty fee of 5.5% of gross sales.
- Term of Agreement: The standard term is 20 years, with renewal options available.
Training and Support
Staybridge Suites offers comprehensive training and support to help franchisees succeed, including:
- On-The-Job and Classroom Training: Training programs tailored to your needs.
- Ongoing Support: Assistance with grand openings, field operations, and site selection.
- Marketing Support: Access to ad templates, SEO services, and national media campaigns.
- Proprietary Software: Use of customized software and an intranet platform for efficient operations.
How to Open a Staybridge Suites Franchise
Interested in opening a Staybridge Suites franchise? Here are your next steps:
- Submit a franchise inquiry form.
- If you are a good fit, a representative will contact you to discuss the qualifications and next steps.
- Review the Staybridge Suites Franchise Disclosure Document (FDD) to understand all aspects of the franchise.
- Conduct thorough due diligence, including speaking with existing franchisees and the Staybridge Suites team.
- Consult a financial advisor or attorney to ensure you are financially capable of making this investment.
Key Takeaways
- Staybridge Suites is a reputable, all-suite hotel brand under IHG, ideal for extended-stay guests.
- Initial investment ranges from $17.7 million to $26.6 million, with a flat franchise fee of $75,000.
- Access ongoing support, training, and technological tools to ensure your franchise thrives.
- Start your journey by submitting a franchise inquiry form and reviewing the Franchise Disclosure Document (FDD).
If you are ready to become part of the Staybridge Suites franchise family, fill out the franchise inquiry form today and take the first step towards owning a successful extended-stay hotel.
Staybridge Suites Franchise Disclosure Documents
Franchise Disclosure Documents are available for free download. 3-page PDF files are available without entering your name and email address, and full-length PDF files are available for free download after entering your name, phone, and email address.