WoodSpring Suites is an extended-stay hotel franchise targeting guests needing accommodations for one week or longer. The franchise requires a significant upfront investment of $8.2M-$13.3M but operates in the growing extended-stay market. The 20-year term provides long-term security, though there are no renewal options. The 6% royalty rate is reasonable for the hospitality industry. Financial performance data shows operational metrics but lacks traditional revenue figures. The franchise provides comprehensive support including site selection, construction oversight, and ongoing training. Competition from other franchisees and company-owned units is possible as there are no exclusive territories.
Generated from 2025 Franchise Disclosure Document
AI-generated from FDD analysis — use as a checklist with your attorney
Total startup costs, working capital, and financial requirements
Training, marketing support, technology, and operational assistance
Royalty, marketing, technology, and other ongoing fees
Revenue data, P&L estimates, and financial projections
Lawsuits, disputes, and legal risk assessment
Territory rights, term length, non-compete, and transfer rules
82 legal provisions scored on a franchisee-friendliness scale
Unit growth trends, exit rates, and system trajectory
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