Candlewood Suites FDD – Franchise Information, Costs and Fees
Type of Business
The franchisee will establish and operate a hotel under the Candlewood Suites brand.
Corporate Information
Holiday Hospitality Franchising, LLC was incorporated under the name “Holiday Inns Franchising, Inc.” in Delaware on November 3, 1989. On October 20, 1997, Holiday changed its name to Holiday Hospitality Franchising, Inc. and on March 26, 2012 Holiday converted to a limited liability company. Holiday’s principal business address is Three Ravinia Drive, Suite 100, Atlanta, Georgia 30346.
Investment
The total investment necessary to begin operation of a typical 113-suite hotel under the Candlewood Suites brand, excluding land costs and other matters, ranges from $7,807,040 to $10,716,900 ($69,089 to $94,840 per guest room) or more, including between $153,690 and $184,500 or more that must be paid to the franchisor or affiliate.