SpringHill Suites by Marriott is a select-service hotel brand offering spacious suites for both business and leisure travelers. The franchise provides modern accommodations with amenities like complimentary breakfast and WiFi.
Key Insights
- SpringHill Suites by Marriott started with a clear vision to establish new benchmarks of excellence within their field, combining industry expertise with customer-focused innovation to create sustainable competitive advantages that benefit both franchisees and the communities they serve.
- Housekeeping protocols maintain exceptional cleanliness and safety standards that ensure guest comfort and peace of mind, utilizing proven procedures and quality control measures that exceed industry standards while creating welcoming, pristine environments for all visitors.
- Economic factors support increased consumer spending on services that improve quality of life and provide convenience, creating growth opportunities for businesses that can deliver value while adapting to changing economic conditions and customer priorities.
Franchise Fee and Costs to Open
Exploring the financial picture of SpringHill Suites by Marriott gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $12,999,500 - $37,996,900, along with a franchise fee of $75,000 - $75,000.
Financial Performance and Revenue
Training and Resources
SpringHill Suites by Marriott provides a comprehensive initial training program. This program is approximately three weeks in duration and typically takes place at Marriott’s global learning facilities. The franchisor offers extensive operational and brand standards resources. Training covers areas vital to operating a SpringHill Suites by Marriott property. Franchisees receive access to ongoing support and development materials designed to assist in establishing a successful business.
Legal Considerations
Legal considerations for a SpringHill Suites by Marriott franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Operating a SpringHill Suites franchise presents several considerations. Intense local market competition from other extended-stay hotels requires strategic positioning. Managing diverse operational aspects, from staff training to guest services, demands consistent attention. Reliance on specific supply chains for amenities and supplies also necessitates robust inventory management and contingency planning.
Franchise Datasheet
FAQs
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