Candlewood Suites
- Ownership Requirement
- Full-time
- Business Type
- Franchise
Own a Candlewood Suites Franchise
Extended stay demand keeps growing, and Candlewood Suites gives travelers apartment-like comfort with the reliability of a trusted hospitality brand.
Brand overview
Candlewood Suites is an extended stay hotel brand designed for guests who need more than a standard room. Each location offers studio and one-bedroom suites with full kitchens, so visitors can maintain their daily routine whether they stay a few nights or several weeks. Guests enjoy complimentary 24/7 laundry, bean-to-cup Costa Coffee, a round-the-clock Candlewood Cupboard market, outdoor barbecue grills, fitness centers, and weekly housekeeping. The brand's focus on practical comfort and value drives strong repeat business and longer average stays, which translates into steady revenue for franchise owners. With 407 total units and consistent year-over-year growth, Candlewood Suites continues expanding its footprint across markets that need dependable extended stay accommodations.
Availability
We are currently accepting inquiries in these states:
Gallery
Investment Requirements
Total investment
$15,296,866–$23,004,446
Cash Required
$6,910,000
Franchise fee
$106,700
Royalty fee
6% of Gross Sales
Ad fund %
4%
Total units
407
Financing available
No financing offered
Real estate required
Yes
Growth Trends
Candlewood Suites offers a compelling path for investors ready to enter the extended stay segment with a nationally recognized brand and proven operational model. If you have the capital and interest in building a hospitality property that serves a durable and growing customer base, this franchise deserves a closer look. Reach out to the Candlewood Suites franchise development team to request more information and start the conversation.