Residence Inn by Marriott FDD – Franchise Information, Costs and Fees
Type of Business
The franchisee will establish and operate a Residence Inn by Marriott select-service hotel.
Corporate Information
Marriott International, Inc. incorporated under the laws of the State of Delaware in 1997. Their principal business address is 7750 Wisconsin Avenue Bethesda, Maryland 20814.
Investment
The total investment necessary to begin operation of a newly-constructed prototypical Residence Inn by Marriott hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), insurance, and contingencies, ranges from $15,457,410 to $35,848,510 for an 80 to 110-suite Residence Inn by Marriott hotel to $21,954,810 to $45,415,710 for a 120 to 150-suite Residence Inn by Marriott hotel. This includes approximately $156,300 to $231,200 that must be paid to the franchisor or an affiliate.
