Candlewood Suites vs Le Meridien Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Candlewood Suites vs Le Meridien including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Candlewood Suites Franchise
Le Meridien Franchise
Investment $7,807,040 - $10,716,900$61,886,490 - $96,761,490
Franchise Fee $50,000N/A
Royalty Fee 5%-
Advertising Fee --
Year Founded 19951997
Year Franchised 19962005
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Candlewood Suites Franchise
Le Meridien Franchise
Experience --

Financing Options

 
Candlewood Suites Franchise
Le Meridien Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/Yes-/-
Payroll -/Yes-/-

Training & Support

 
Candlewood Suites Franchise
Le Meridien Franchise
Training On-The-Job Training: Varies Classroom Training: Varies -
Support Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform -
Marketing Ad Templates National Media SEO Loyalty program/app-
Operations --

Expansion Plans

 
Candlewood Suites Franchise
Le Meridien Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Candlewood Suites

At Candlewood Suites® hotels we offer a more casual kind of longer stay, where you’ll always feel at home, at your best and really productive while on the road. All of our locations throughout the Americas are easily accessible and we’re always opening new hotels, so guests can book a spacious suite whenever and wherever it works for them.
Candlewood Suites gives you the amenities that make you feel at home. Fully-equipped suites, room to spread out, space to work and space to relax.

About Le Meridien

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Le Méridien, the Paris-born hotel brand currently represented by nearly 100 properties in more than 40 countries, was acquired by Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) in November 2005. With more than 80 of its properties located in Europe, Africa, the Middle East, and Asia-Pacific, Le Méridien provided a strong international complement to Starwood’s then primarily North American holdings at the time of purchase. Since then, Le Méridien has gone through a brand re-launch, which included a large scale hotels product consolidation as well as redefining its brand strategy. Through creation of the LM100 artist community, Le Méridien has transformed numerous guest touch points, thus bringing unique, interactive and curated experiences to its guests. Plans call for dynamic expansion of Le Méridien Hotels and Resorts , concentrating on markets in Asia-Pacific and the Americas.

The total investment necessary to begin operation of a newly-constructed Le Méridien hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $61,886,490 to $96,761,490 for a 250-guestroom hotel. This includes approximately $317,000 to
$399,000 that must be paid to the franchisor or an affiliate.