Le Meridien FDD – Franchise Information, Costs and Fees
Type of Business
The franchisee will establish and operate a full-service hotel or hotel and resort under the name “Le Méridien.”
Corporate Information
MIF, L.L.C. is a limited liability company established under the laws of the State of Delaware in 2012. They are a subsidiary of Marriott International, Inc., a publicly-traded corporation listed on the NASDAQ Stock Market. Their principal business address is 7750 Wisconsin Avenue Bethesda, Maryland 20814. They have offered franchises for Le Méridien Hotels since March 2017.
Investment
The total investment necessary to begin operation of a newly-constructed Le Méridien hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), insurance, and contingencies, ranges from $84,358,740 to $138,214,140 for a 250-guestroom hotel. This includes approximately $288,950 to $382,250 that must be paid to the franchisor or an affiliate.
