Staybridge Suites

Staybridge Suites

Suite hotels
Find out what franchise is right for you
2021 Franchise 500 Rank
#449 Not ranked last year
See the Full List
Initial investment
$15.3M - $22.4M
Units as of 2021
312 18.6% over 3 years

Company Overview

About Staybridge Suites

Industry
Lodging
Related Categories
Hotels & Motels
Founded
1997
Parent Company
IHG Hotels & Resorts
Leadership
Elie Maalouf, CEO, Americas
Ticker Symbol
IHG

Franchising Overview

Franchising Since
1997 (24 years)
# of employees at HQ
1,400
# of Units
312 (as of 2021)

Franchisor Information

Corporate Address
Three Ravinia Dr., #100
Atlanta, GA 30346

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Staybridge Suites franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$50,000
Initial Investment
$15,300,800 - $22,401,315
Royalty Fee
5%
Term of Agreement
20 years (average)
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
Staybridge Suites has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
Varies
Classroom Training
Varies
Ongoing Support
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
Are exclusive territories available?
No

Franchise 500 Ranking History

Compare where Staybridge Suites landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Staybridge Suites ranked on other franchise lists? Find out below.

Ranked #449

Franchise 500 Ranking

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021