Quality Inn FDD – Franchise Information, Costs and Fees
Type of Business
The franchise offered in this disclosure document is for the rights to own and/or operate a QUALITY INN, QUALITY INN & SUITES, QUALITY SUITES, QUALITY HOTEL or QUALITY RESORT hotel business.
Corporate Information
Choice Hotels International, Inc. is a Delaware corporation formed on January 8, 1963, under the name Quality Inns International, Inc. They changed their corporate name to Choice Hotels International, Inc. on July 25, 1990. From November 1, 1996 to October 15, 1997, their corporate name was Choice Hotels Franchising, Inc. Their name has been Choice Hotels International, Inc. since October 15, 1997. Their principal business address is 1 Choice Hotels Circle, Suite 400, Rockville, Maryland 20850.
Investment
The total investment necessary to convert an existing hotel and begin operation of a 75-room QUALITY hotel franchise is between $291,150 and $1,815,995. This includes $53,750 to $64,095 that must be paid to the franchisor or its affiliates as follows: an affiliation fee of $500 per room for new
franchises and $550 per room for transfers and renewals ($45,000 minimum for new franchises or transfers and renewals); a property management system software license and systems training fee of between $8,750 and $15,750; and orientation and hospitality training fees of between $0 and $3,345 per person. These sums do not include the cost of any real estate taxes.
