Question 1

How much does it cost to open a Choice Hotels International - Quality Inn/Quality Inn & Suites/Quality Suites/Quality Hotel/Quality Resort franchise?

Accepted Answer

The total initial investment for a Choice Hotels International - Quality Inn/Quality Inn & Suites/Quality Suites/Quality Hotel/Quality Resort franchise ranges from $291K to $1.8M, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Choice Hotels International - Quality Inn/Quality Inn & Suites/Quality Suites/Quality Hotel/Quality Resort franchise fee?

Accepted Answer

The initial franchise fee for Choice Hotels International - Quality Inn/Quality Inn & Suites/Quality Suites/Quality Hotel/Quality Resort is $45K.

Question 3

What are the net worth requirements for a Choice Hotels International - Quality Inn/Quality Inn & Suites/Quality Suites/Quality Hotel/Quality Resort franchise?

Accepted Answer

Net worth requirements for Choice Hotels International - Quality Inn/Quality Inn & Suites/Quality Suites/Quality Hotel/Quality Resort are specified in the Franchise Disclosure Document.

Question 4

Does Choice Hotels International - Quality Inn/Quality Inn & Suites/Quality Suites/Quality Hotel/Quality Resort require a personal guarantee?

Accepted Answer

Yes, Choice Hotels International - Quality Inn/Quality Inn & Suites/Quality Suites/Quality Hotel/Quality Resort requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Choice Hotels International - Quality Inn/Quality Inn & Suites/Quality Suites/Quality Hotel/Quality Resort franchise?

Accepted Answer

Equipment and inventory costs for Choice Hotels International - Quality Inn/Quality Inn & Suites/Quality Suites/Quality Hotel/Quality Resort vary by location. Refer to the FDD for estimates.