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  • Last Year Rank: 34
  • Investment Range: $10,307,060 - $22,529,310
  • Initial Investment: $75,000 - $175,000
  • Category: Hotel/Travel

Company Description

Residence Inn is an extended-stay all-suite hotel brand owned by Marriott International. It competes with brands like InterContinental's Staybridge Suites, Homewood Suites by Hilton and Hyatt's HYATT house in the upscale hotel market.

Residence Inn offers Residence Inn Mix, a social hour held three nights a week that encourages guests to interact with each other and connect with their destination.

Company Statistics

  • Global Sales: $4,300,000,000*
  • US Units: 833
  • International Units: 17
  • Total Units: 850
  • Percent Franchised: 86%
  • % International Units: 2%
  • US Franchised Units: 724
  • International Franchised Units: 11
  • Sales Growth %: 7.5%
  • Unit Growth %: 5.9%
  • *Franchise Times Estimate