SpringHill Suites FDD Summary
Type of Business
The franchisee will establish and operate a SpringHill Suites by Marriott select-service hotel.
Corporate Information
Marriott International, Inc. incorporated under the laws of the State of Delaware in 1997. 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 and building permit, tap, and impact fees, ranges from $8,103,485 to $17,512,200 for an 80 to 110-suite SpringHill Suites by Marriott hotel and from $11,491,485 to $22,157,300 for a 120 to 150-suite SpringHill Suites by Marriott hotel. This includes approximately $96,685 to $191,300 that must be paid to the franchisor or an affiliate.