Key Metrics
Min Investment
$30,476,014
Total Units
700
Total Operators
700
Royalty Fee
5% of gross room revenue
Founded
1969
Financial Requirements
Liquid Capital Required
$75,000
Net Worth Required
$5,000,000
Franchise Fee
$75,000
Total Investment
$30,476,014 - $105,540,605
Recent News
"The brand achieved a significant milestone in May 2025, celebrating the opening of its 700th hotel and expanding its presence to 60 countries and territories, signaling robust global growth and development."
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
Headquarters7930 Jones Branch Drive, McLean, VA 22102
Operating RegionsGlobal, operating in over 60 countries and territories
Social Profiles
Franchising Since1969
FinancingThird-party
Veteran DiscountNo