#272 OverallLodging & Hospitality
C

Candlewood Suites

Candlewood Suites is an extended-stay hotel brand under IHG, offering apartment-like studios and one-bedroom suites with full kitchens, designed for travelers seeking a home-like environment for longer professional engagements.

Key Metrics

Min Investment
$14,169,501
Total Units
413
Total Operators
413
Royalty Fee
6%
Founded
1995

Financial Requirements

Liquid Capital Required

$3,000,000

Net Worth Required

$15,000,000

Franchise Fee

$60,000

Total Investment

$14,169,501 - $21,400,950

Recent News

"Candlewood Suites, an IHG brand, is focused on international expansion, notably making its European debut with a hotel opening in Berlin, Germany, in May 2025. The brand is also expanding its footprint in North America, with new developments announced in places like Iceland (Reykjavik) and continued conversion of existing properties, demonstrating strong growth in the extended-stay segment. As of late 2025, the brand has over 413 open hotels globally."

Operations & Support

Training Provided

  • Initial Training: 2 weeks
  • On-site Training Available
  • Ongoing Support

Terms & Agreement

  • Term Length: 10 Years (Renewable)
  • Territory Protection: Available
  • Absentee Ownership: Not Allowed

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Quick Facts

Headquarters3 Ravinia Dr Ste 100, Atlanta, Georgia, 30346, United States
Operating RegionsGlobal (Primarily North America and Europe)
Social Profiles
Franchising Since1995
FinancingThird-party
Veteran DiscountNo