Key Metrics
Min Investment
$12,592,710
Total Units
799
Total Operators
799
Royalty Fee
6.0% of gross room sales
Founded
1975
Financial Requirements
Liquid Capital Required
$3,000,000
Net Worth Required
$15,000,000
Franchise Fee
$193,750
Total Investment
$12,592,710 - $36,809,910
Recent News
"The brand is part of Marriott's strong growth, with Marriott International reporting a record 6.8% net rooms growth in 2024. Residence Inn continues to expand, with new properties announced and opened in 2024 and 2025, such as in Bridgeport, CT, and Dallas, TX, confirming its role in the upscale extended-stay segment."
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
Headquarters7750 Wisconsin Avenue, Bethesda, MD 20814
Operating RegionsWorldwide, North America, Europe, Central America
Social Profiles
Franchising Since1975
FinancingThird-party
Veteran DiscountNo