Aloft hotels FDD Summary
Type of Business
The franchisee will establish and operate an Aloft select-service hotel.
Corporate Information
Marriott International, Inc. is a corporation incorporated under the laws of the State of Delaware in 1997. Their principal business address is 10400 Fernwood Road, Bethesda, Maryland 20817.
Investment
The total investment necessary to begin operation of a newly-constructed prototypical Aloft hotel, excluding the cost of real estate and carrying charges, ranges from $14,055,150 to $22,693,900 for a 136-guestroom Aloft hotel. This includes approximately $164,450 to $310,300 that must be paid to the franchisor or an affiliate.