GuestHouse Hotel FDD – Franchise Information, Costs and Fees
Type of Business
The franchise offered in this disclosure document is for the right to operate a GuestHouse Extended Stay-branded hotel.
Corporate Information
Sonesta RL Hotels Franchising Inc. is a corporation formed in the State of Washington on December 24, 1986, as Vance Hotels, Inc. On September 19, 2005, they changed their name to Red Lion Hotels Franchising, Inc., and, on September 23, 2021, they subsequently changed our name to Sonesta RL Hotels Franchising Inc. Their principal business address is Two Newton Place, 255 Washington Street, Suite 230, Newton, Massachusetts 02458. Their parent corporation was incorporated in the State of Washington on April 25, 1978, and changed its name from WestCoast Hospitality Corporation to Red Lion Hotels Corporation on September 19, 2005.
Investment
The total investment necessary to convert an existing hotel into a 70-room GuestHouse Extended Stay Hotel is $579,445 to $1,908,745. This estimate includes $37,945 to $57,945 that must be paid to the franchisor. The total investment necessary for a newly constructed 70-room GuestHouse Extended Stay Hotel is $3,780,345 to $7,263,245, excluding the cost of purchasing or leasing land or any real estate taxes. This estimate includes $37,945 to $61,945 that must be paid to the franchisor.
