TownePlace Suites by Marriott Franchise
TownePlace Suites by Marriott hotels are extended-stay hotels with suites featuring kitchens, living areas, and multi-functional working spaces.
$50,000
$141,300
504
1996
Bethesda,MD
Anthony Capuano
About TownePlace Suites by Marriott
TownePlace Suites by Marriott is an extended-stay hotel brand designed to provide guests with all the comforts of home while on the road. Each suite features a fully equipped kitchen, spacious living areas, and The Container Store® closets to keep guests organized. With amenities like free breakfast, Weber® grills, and a TowneMap® to explore the local area, TownePlace Suites ensures a seamless and comfortable stay. Whether traveling for business or leisure, guests can enjoy a welcoming environment that feels like home.
Franchise Unit Trends & Revenue
504
27
$3,633,484
* in 2024
Franchise Fees
$141,300
5.5%
Gross Room Sales
2.0%
Gross Room Sales
Why Choose TownePlace Suites by Marriott?
TownePlace Suites offers a proven business model backed by the global reputation of Marriott International. With over 500 locations and growing, the brand is a leader in the extended-stay market. Franchisees benefit from Marriott’s extensive support, including marketing, technology platforms, and operational guidance. The brand’s focus on guest satisfaction and innovative amenities, such as in-room kitchens and Elfa® closets, sets it apart from competitors. By joining TownePlace Suites, franchisees gain access to a trusted name in hospitality and a growing customer base.
Starting Costs & Investment Requirements
$12,418,800 - $36,562,900
-
$50,000
Training & Support
TownePlace Suites is committed to the success of its franchisees, offering comprehensive training and ongoing support. The initial training program includes executive orientation, on-site task force training, and pre-opening operations guidance. Franchisees also receive marketing and sales assistance, as well as access to Marriott’s advanced technology platforms. With a focus on continuous improvement, TownePlace Suites provides the tools and resources needed to deliver exceptional guest experiences and achieve business success.
History
Founded in 1997, TownePlace Suites by Marriott was created to meet the needs of extended-stay travelers. Over the years, the brand has grown to over 500 locations across the United States and Canada, becoming a trusted name in the hospitality industry. With a focus on innovation and guest satisfaction, TownePlace Suites has continually evolved to offer modern amenities and personalized experiences. Today, it remains a leader in the extended-stay market, providing guests with a home away from home.
Ideal Candidate
TownePlace Suites is seeking passionate entrepreneurs with a commitment to hospitality and customer service. Ideal candidates should have experience in hotel management or business operations and the financial capacity to invest in a premium extended-stay brand. A strong understanding of the local market and a dedication to maintaining Marriott’s high standards are essential. If you’re ready to deliver exceptional guest experiences and grow a successful business, TownePlace Suites is the perfect opportunity.
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