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Friday
May282010

TownePlace Suites Franchise

Hotel suites

TownePlace Suites: The Special Features of Our Extended Stay Hotels
For your comfort
Our extended stay hotel offers suites that are 25% larger than typical hotel rooms
Luxury bedding - crisp linens, fluffier pillows, thicker mattresses
Separate living and sleeping areas
Three spacious floor plans: studio, 1- and 2-bedroom suites
Electronic card-key locks
Smoke detectors and sprinklers
For your convenience
Fully equipped kitchen including conventional full-size refrigerator/freezer, stovetop, oven, coffee maker, microwave, eating utensils, and dishwasher
Adjoining studio suites available
Suites designed for persons with disabilities available
Sofa bed in some suites
Separate telephone and data lines
Iron and ironing board
For your routines & relaxation
Free high-speed Internet (in many hotels)
Remote-controlled TV with premium channels, including HBO
Exercise room & outdoor swimming pool

Start-up Costs & Franchises Fees

What is the total cost to open a TownePlace Suites Franchises?

Total Cost: Not Available
Total Franchise Fees: Not Available
Ongoing Royalty Fees:
Ongoing Advertising Fees:

Contact Information for TownePlace Suites

Marriott Lodging
One Marriott Drive
Washington, DC
20058-0001

Phone Number: (301) 380-9000
Fax Number: (301) 380-8957

Franchise Homepage:

Historical Expansion

In what year did TownePlace Suites begin operations? 1997
When did TownePlace Suites begin selling franchises? 1997

Year United States Canada International Corporate
2007 122 0 0 0

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes
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