Courtyard by Marriott FDD – Franchise Information, Costs and Fees
Type of Business
The franchisee will establish and operate a Courtyard by Marriott hotel 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 7750 Wisconsin Avenue, Bethesda, Maryland 20814. They and their predecessors have owned and managed Courtyard hotels since 1983, and they have offered franchises for Courtyard hotels since October 1990.
Investment
The total investment necessary to begin operation of a newly-constructed prototypical Courtyard by Marriott hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), insurance, and contingencies, ranges from $14,444,110 to $32,134,710 for an 80 to 110-room Courtyard by Marriott hotel to $19,488,010 to $39,361,610 for a 120 to 150-room Courtyard by Marriott hotel. This includes approximately $161,300 to $241,200 that must be paid to the franchisor or an affiliate.
