TownePlace Suites by Marriott

Industry
Sub industry

TownePlace Suites by Marriott offers extended stay lodging, providing spacious suites with kitchenettes for guests seeking home-like comfort and convenience.

KEY FRANCHISE STATS

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Initial investment

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$12,065,000
 - 
$35,489,000

Initial franchise fee

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$75,000

Royalty fee

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5.50%

Advertising fee

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2.00%

Revenue per year (AUV)

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Operating Profit

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Total units

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486

Franchised units

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480

Company-owned units

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6

PROFITABILITY

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TownePlace Suites by Marriott
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TownePlace Suites by Marriott Franchise Disclosure Document 2023

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Operating Profit

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