StudioRes FDD – Franchise Information, Costs and Fees
Type of Business
The franchisee will establish and operate a StudioResTM mid-scale, extended stay hotel.
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. They began offering franchises for StudioRes hotels in August 2023. Their principal business address is 7750 Wisconsin Avenue, Bethesda, Maryland 20814.
The total investment necessary to begin operation of a newly-constructed StudioRes hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), insurance, and contingencies, ranges from $13,528,304 to $17,814,992 for a 124-guestroom StudioRes hotel. This includes approximately $116,300 to $226,200 that must be paid to the franchisor or an affiliate.