WoodSpring Suites
- Ownership Requirement
- Full-time
- Business Type
- Franchise
Extended Stay Hotel Franchise Opportunities
Join a cost-efficient, all-suite model backed by Choice Hotels International.
Brand overview
WoodSpring Suites delivers a refreshingly different extended stay experience with a guest-first focus. Each property features smartly-designed suites with in-room kitchens and affordable nightly, weekly, and monthly rates. Acquired by Choice Hotels International in 2018, the brand has grown to 531 franchised locations, offering owners a proven, cost-efficient model designed for guests staying several nights, weeks, or months.
Availability
We are currently accepting inquiries in these states:
Gallery
Why choose WoodSpring Suites
Owners benefit from a streamlined operational model built for efficiency and long-term value. The brand is recognized as number one in guest satisfaction among economy extended stay hotel brands. With welcoming environments, friendly staff, and simple amenities like pets welcome at most locations, WoodSpring Suites maintains high occupancy by meeting the practical needs of extended stay travelers.
Investment Requirements
Total investment
$5,240,000–$6,917,000
Cash Required
$2,080,000
Franchise fee
$50,000
Royalty fee
5% of calendar month Room Revenues.
Ad fund %
2.5%
Total units
531
Financing available
No financing offered
Real estate required
Not Specified
Take the next step toward owning a WoodSpring Suites franchise. Submit your information to receive the full franchise prospectus and connect with the development team to discuss available markets.