Candlewood Suites FDD – Franchise Information, Costs and Fees
Type of Business
The licensee will establish and operate a hotel under the Candlewood Suites brand.
Corporate Information
Holiday Hospitality Franchising, LLC is a Delaware limited liability company formed on November 3, 1989 (originally under the name “Holiday Inns Franchising, Inc.”, which was subsequently changed to “Holiday Hospitality Franchising, Inc.” and then converted from a corporation to a limited liability company). Their principal business address is Three Ravinia Drive, Suite 100, Atlanta, Georgia 30346. Holiday has offered franchises for Candlewood Suites hotels in the United States since December 31, 2003 (though the ultimate predecessor of the Candlewood Suites hotel brand began offering franchises in June, 1995 and Holiday’s predecessors operated hotel businesses and offered franchises for various hotel businesses starting in approximately 1953).
Investment
The total investment necessary to begin operation of a typical 120-suite hotel under the Candlewood Suites brand, excluding land costs and other matters, ranges from $14,169,501 to $21,400,950 ($118,079 to $178,341 per guest suite) or more, including between $128,500 and $179,500 or more that must be paid to Holiday or affiliate.
