Staybridge Suites by IHG FDD – Franchise Information, Costs and Fees
Type of Business
The franchisee will establish and operate a hotel under the Staybridge Suites brand.
Corporate Information
Holiday Hospitality Franchising, LLC is a Delaware limited liability company formed on November 3, 1989 (originally under the name “Holiday Inns Franchising, Inc.”, which was subsequently changed to “Holiday Hospitality Franchising, Inc.” and then converted from a corporation to a limited liability company). Their principal business address is Three Ravinia Drive, Suite 100, Atlanta, Georgia 30346. Holiday has offered licenses for the Staybridge Suites hotels in the United States and Canada since November 1997 (though its predecessors operated hotel businesses and offered licenses for hotel businesses starting in approximately 1953).
Investment
The total investment necessary to begin operation of a typical 130-suite hotel under the Staybridge Suites brand, excluding land costs and other matters, ranges from $19,796,651 to $29,883,100 ($152,282 to $229,870 per guest suite) or more, including between $144,500 and $195,500 or more that must be paid to Holiday or an affiliate.
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