SpringHill Suites FDD Summary
Type of Business
The franchisee will establish and operate a SpringHill Suites by Marriott hotel that offers business and pleasure travelers high quality lodging at a moderate price.
Corporate Information
Marriott International, Inc. is a corporation established on September 19, 1997, under the laws of the State of Delaware. Their principal business address is 10400 Fernwood Road, Bethesda, Maryland 20817.
Investment
The total investment necessary to begin operation of a newly-constructed prototypical SpringHill Suites by Marriott hotel, excluding the cost of land, ranges from $8,262,180 to $17,562,010 for an 80 to 110-suite SpringHill Suites by Marriott hotel and from $11,834,765 to $22,627,325 for a 120 to 150-suite SpringHill Suites by Marriott hotel. This includes approximately $94,185 to $124,300 that must be paid to the franchisor or an affiliate.