Extended Stay America is a hotel brand offering extended stay and short-term lodging for value-conscious guests. The franchise provides accommodations with full kitchens and other amenities for longer stays.
Key Insights
- Extended Stay America was founded on core principles that quality service should be both accessible and reliable for all customers, establishing operational frameworks that ensure consistent delivery while maintaining flexibility to adapt to individual needs and preferences.
- Amenity selection and facility design balance guest preferences with operational efficiency to maximize satisfaction and value, incorporating modern conveniences and comfort features that enhance the stay experience while maintaining cost-effectiveness and sustainability.
- Technological advances continue to reshape service delivery methods and customer interaction patterns, creating opportunities for businesses that can integrate innovation with traditional service excellence while maintaining the personal touch that customers value and expect.
Franchise Fee and Costs to Open
Exploring the financial picture of Extended Stay America 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 $7,929,325 - $9,835,400, along with a franchise fee of $50,000 - $50,000.
Financial Performance and Revenue
Training and Resources
Extended Stay America provides comprehensive training for new franchisees. The initial program offers a detailed curriculum covering essential operational aspects. This training typically spans two weeks and is conducted at Extended Stay America's corporate headquarters. Franchisees also gain access to extensive operational manuals and ongoing support resources.
Legal Considerations
Legal considerations for a Extended Stay America 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
Franchisees in the extended-stay segment may navigate a dynamic competitive landscape, with numerous brands vying for traveler attention. Maintaining consistent operational standards across rooms and amenities requires diligent oversight. Furthermore, securing reliable and cost-effective providers for essential supplies, from linens to cleaning products, presents an ongoing consideration for sustained service delivery.
Franchise Datasheet
FAQs
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