Key Metrics
Min Investment
$12,999,500
Total Units
563
Total Operators
563
Royalty Fee
6% of gross revenue
Founded
1997
Financial Requirements
Liquid Capital Required
$3,850,000
Net Worth Required
$3,850,000
Franchise Fee
$75,000
Total Investment
$12,999,500 - $37,996,900
Recent News
"Recent news (2024-2025) indicates continued development and sales of SpringHill Suites properties, including a $40M hotel breaking ground in New Braunfels, TX, and a $21M opening in High Point, NC, suggesting strong investor confidence and brand expansion."
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 Ave, Bethesda, MD 20814, US
Operating RegionsNorth America
Social Profiles
Franchising Since1997
FinancingThird-party
Veteran DiscountNo