What Are Alternative Franchise Chains to Residence Inn Franchise
Considering alternatives to a Residence Inn franchise? If you're looking for extended-stay lodging opportunities, exploring other brands can unlock diverse markets and investment profiles. Discovering these options can help you find the perfect fit for your business goals.
| # | Alternative Franchise Chain Name | Description |
|---|---|---|
| 1 | Staybridge Suites | Staybridge Suites offers an upscale extended stay experience with a focus on a residential community feel, featuring its signature evening social event, 'The Social.' It benefits from the extensive IHG One Rewards program and has a strong global pipeline, making it a competitive choice for long-stay guests. |
| 2 | TownePlace Suites by Marriott | TownePlace Suites is a rapidly growing upper-midscale extended stay brand from Marriott, appealing to franchisees seeking a lower investment level with a simpler, cost-effective operational model. It provides a streamlined product with full kitchens, offering strong performance in its segment and access to Marriott's robust distribution and loyalty systems. |
| 3 | WoodSpring Suites | WoodSpring Suites is a leading economy extended-stay brand from Choice Hotels, emphasizing simplicity, efficiency, and profitability with minimal staffing and no food and beverage component. Its model is designed for budget-conscious, long-stay guests, and it achieves high gross operating profit margins, making it an attractive option for ROI-focused investors. |
Key Takeaways
- The extended-stay hotel sector is experiencing robust growth, with demand projected to increase significantly through 2025, outpacing the overall US hotel industry.
- Several prominent alternatives to a Residence Inn franchise exist in the upscale segment, including Hyatt House, Homewood Suites by Hilton, and Staybridge Suites, each with distinct brand identities and loyalty programs.
- Investment levels vary considerably, with midscale and economy brands like TownePlace Suites and WoodSpring Suites offering significantly lower entry points compared to upscale extended-stay options.
- Key metrics for comparing hotel franchise opportunities include RevPAR, ADR, Occupancy Rate, and ROI, alongside factors like brand contribution and franchisee satisfaction.
- Royalty and marketing fees differ among brands, impacting long-term profitability; for instance, Hyatt House's combined fees are 8.5% compared to Residence Inn's 9%.
What Alternative Residence Inn Franchise Unit Options Exist?
What are other extended stay hotel franchises?
When considering alternatives to a Residence Inn franchise, the extended-stay hotel market offers a robust selection of brands. In the upscale segment, you'll find strong competitors like Hyatt House, Homewood Suites by Hilton, Staybridge Suites, and Element by Westin. For those looking at the midscale category, brands such as TownePlace Suites and Candlewood Suites present compelling franchise opportunities.
The extended-stay hotel sector has shown remarkable resilience and growth. Demand in this segment saw an impressive increase of approximately 85% year-over-year through 2024, significantly outperforming the broader US hotel industry's growth of 49%. Projections for 2025 continue to show strength, with occupancy rates for extended-stay properties anticipated to remain 5-7 percentage points higher than those of traditional hotels.
Exploring these various franchise options is increasingly important as the market diversifies. The pipeline for new extended-stay properties expanded by over 20% in 2024. Brands like Hyatt Studios, Hyatt's new extended-stay concept, and Hilton's Project H3 are introducing substantial new inventory, creating fresh hotel investment opportunities for entrepreneurs.
Which brands compete with Residence Inn?
The primary competitors for a Residence Inn franchise unit are other upscale extended stay hotel brands. Brands like Homewood Suites by Hilton and Hyatt House directly vie for the same customer base, which includes business travelers, families relocating, and individuals working on long-term projects. These brands offer similar amenities and target a comparable demographic.
A competitive analysis from Q4 2024 reveals that Residence Inn's RevPAR (Revenue Per Available Room) was around $125.70. Homewood Suites followed closely with a RevPAR of approximately $122.50, and Hyatt House reported a RevPAR of $124.10. This data highlights the intense competition within this segment and is crucial when you compare Residence Inn franchise with other brands.
When you examine Residence Inn competitor franchise models, you'll notice similar value propositions. These often include complimentary breakfast, evening social gatherings, and suite-style rooms equipped with full kitchens. However, key differentiators emerge in their loyalty programs—Marriott Bonvoy versus Hilton Honors versus World of Hyatt—as well as in their design aesthetics and specific brand initiatives aimed at attracting modern business travelers seeking convenient accommodation options.
Key Considerations When Evaluating Extended Stay Hotel Franchises
- Investment Range: Be aware that initial investments for these franchises can range widely, from approximately $3,000,000 to over $45,000,000, depending on the brand and location.
- Franchise Fees and Royalties: Factor in the initial franchise fee, which can be around $90,000, along with ongoing royalty fees, typically around 6% of revenue, and marketing fees of about 2.50%.
- Operational Performance: While average annual revenue per unit can be as high as $1,216,000, the median is much lower at $113,220, with some units reporting as low as $36,450. Understanding these variances is vital for realistic financial projections.
- Market Analysis: Conduct thorough market research to identify areas with strong demand for extended-stay lodging, particularly from business travelers and relocating individuals.
For a deeper understanding of the financial aspects and operational details of a specific brand, it's always beneficial to review their Franchise Disclosure Document (FDD). Understanding the pros and cons of owning a particular franchise is a critical step in the decision-making process. You can learn more about this by exploring What are the Pros and Cons of Owning a Residence Inn Franchise?
What Are The Investment Level Alternatives?
How do initial investments compare?
When considering hotel franchise opportunities, understanding the investment scale is crucial. For a new-build, 125-suite upscale extended-stay brand, the estimated total initial investment as of June 2025 can range significantly, from approximately $182 million to $291 million, not including land acquisition. This figure contrasts with a similarly sized mid-tier extended-stay brand, where investments might fall between $152 million and $247 million, offering a different entry point.
The initial franchise fee for most upscale extended-stay hotel brands typically falls between $75,000 and $100,000. However, the bulk of the investment variance stems from construction costs. As of 2025, these costs can average between $140,000 and $190,000 per key, influenced heavily by the specific market and brand design requirements. For those exploring conversions, the Property Improvement Plan (PIP) costs are a significant factor, often ranging from $20,000 to $50,000 per key, distinguishing it as a different investment strategy compared to new builds.
Are there low cost hotel franchise alternatives to Residence Inn?
Absolutely. Several lower-cost hotel franchise alternatives exist, particularly within the midscale and economy extended-stay segments. Brands such as WoodSpring Suites and Candlewood Suites offer more accessible entry investment points compared to upscale options. For instance, the total estimated investment for a new WoodSpring Suites in 2025 is projected to be between $65 million and $98 million, which is roughly one-third of the investment for a higher-tier brand. Extended Stay America also presents opportunities, especially through conversion models, which can offer a more cost-effective route to entry.
These more budget-friendly extended stay hotel brands often feature a more streamlined operational model. They typically have fewer amenities and consequently, lower staffing requirements. Data from 2024 indicates that these types of hotels averaged 0.11 employees per available room, a notable difference from the 0.25 employees per available room seen in upscale extended-stay hotels. This difference in staffing directly impacts overall operating costs, making them attractive for investors seeking to minimize overhead.
For those interested in understanding the broader landscape of hotel investment opportunities, exploring What are the Pros and Cons of Owning a Residence Inn Franchise? can provide valuable context for comparing different franchise hotel brands. This comparison can help in identifying the best hotel franchises besides Residence Inn that align with your investment goals.
Tips for Evaluating Investment Levels:
- Analyze the Total Investment: Go beyond the franchise fee to understand all associated costs, including construction, FF&E (Furniture, Fixtures, and Equipment), and working capital.
- Consider Conversion vs. New Build: Evaluate if converting an existing property aligns better with your budget and timeline than a ground-up construction project.
- Research Market-Specific Costs: Construction and labor costs can vary significantly by location, impacting the overall investment.
- Review Brand Standards: Understand the required amenities and design elements, as these directly influence build-out expenses.
How Do You Compare Hotel Franchise Opportunities?
When looking at hotel franchise opportunities, especially as alternatives to a brand like Residence Inn, it’s crucial to move beyond just the initial appeal and dive into the financial and operational realities. This involves a deep dive into key performance indicators (KPIs) that truly reflect a hotel's health and earning potential.
What metrics matter for hotel franchises?
To effectively evaluate hotel franchise opportunities, investors must focus on key performance indicators (KPIs) like Revenue Per Available Room (RevPAR), Average Daily Rate (ADR), and Occupancy Rate. As of year-end 2024, the upscale extended-stay segment averaged a RevPAR of $121, an ADR of $158, and an occupancy rate of 76.5%. These figures provide a baseline for understanding market performance.
Return on Investment (ROI) is paramount. A stabilized upscale extended-stay hotel in 2025 is expected to achieve a Net Operating Income (NOI) margin of 35-42%, a critical benchmark when considering what are the best hotel franchise investments. Beyond these core financial metrics, factors like brand contribution – the percentage of bookings generated directly through the brand’s channels – and the strength of its loyalty program are vital. Franchisee satisfaction scores also offer invaluable insight into the franchisor-franchisee relationship and operational support. Top franchise hotel brands typically deliver over 60% of bookings through their proprietary channels, highlighting the importance of a strong brand ecosystem.
How do royalty fees differ?
Royalty and marketing fees represent a significant ongoing cost that directly impacts profitability. For a Residence Inn Franchise Unit, Marriott charges a 6% royalty fee on gross room revenue and a combined 3% for marketing and reservation system fees as of 2025.
In comparison, other brands have different fee structures. For instance, Hyatt House typically charges a 5% royalty fee and a 3.5% marketing and reservations fee. Hilton's Homewood Suites often has a 5.5% royalty fee and a 4% program fee. These differences, while seemingly small, can amount to over $100,000 annually for a hotel generating $5 million in room revenue. This fee structure analysis is a core part of the process when you learn how to find hotel franchise opportunities that align with your financial model. Some brands may also have additional technology or loyalty program fees, which can add another 1-2% to the overall revenue costs.
Key Considerations When Comparing Hotel Franchises
- Financial Benchmarks: Always compare RevPAR, ADR, and Occupancy Rates against industry averages for similar hotel segments.
- Fee Structure: Scrutinize all royalty, marketing, and other fees. Understand how they are calculated and what services they cover.
- Brand Support: Evaluate the strength of the brand's reservation system, marketing efforts, and loyalty programs.
- Franchisee Satisfaction: Research franchisee reviews and satisfaction scores to gauge the franchisor's support and operational ease.
When exploring alternatives to a Residence Inn franchise, it’s essential to conduct thorough due diligence on each potential brand. This includes understanding their market positioning, target demographic, and competitive advantages. For example, if your focus is on business travelers, you might compare brands that cater specifically to that segment. For those interested in the operational aspects of establishing a presence in this sector, resources like How to Open a Residence Inn Franchise in 7 Steps: Checklist can provide a foundational understanding, even when considering other extended stay hotel brands.
Alternative Franchise Chain: Hyatt House
Why consider a Hyatt House franchise?
When looking at What are the Pros and Cons of Owning a Residence Inn Franchise?, it's important to explore other strong contenders in the upscale extended-stay market. Hyatt House stands out as a premier alternative. It offers a modern design and benefits from seamless integration with the robust World of Hyatt loyalty program, which experienced a significant 22% membership increase in 2024. This makes Hyatt House a compelling choice among alternative hotel brands for franchising. Data from Q1 2025 indicates that Hyatt House properties consistently achieved a RevPAR index exceeding 115% against their direct competitors, demonstrating their ability to capture a disproportionately large share of market revenue.
The brand's emphasis on 'intuitive' service and adaptable social spaces resonates strongly with its target demographic of high-value business and leisure travelers. This focus positions Hyatt House as a formidable option when you're evaluating franchise opportunities specifically geared towards business travelers.
What is the Residence Inn vs Hyatt House franchise comparison?
Comparing the Residence Inn and Hyatt House franchises reveals that while they target similar markets, their brand ecosystems differ. As of 2025, the estimated initial investment for a 125-room Hyatt House property ranges from $171 million to $285 million, placing it in a comparable capital-intensive tier to a Residence Inn franchise unit. This is a critical factor for potential investors assessing overall capital requirements.
Regarding ongoing fees, there are slight variations. Hyatt House has a 5% royalty fee plus a 3.5% marketing/reservation fee (totaling 8.5%), which compares to Residence Inn's 6% royalty plus 3% marketing/reservation fee (totaling 9%). This difference of 0.5% in total fees can have a notable impact on long-term profitability, making it a key consideration in your financial analysis.
Both brands are established leaders in the extended-stay hotel franchise sector. However, Hyatt House often attracts developers who prefer a slightly more contemporary aesthetic and affiliation with the broader Hyatt portfolio, which is often perceived as more lifestyle-oriented. This can be a deciding factor for investors looking to align their brand with current market trends.
| Metric | Hyatt House (Estimated 2025) | Residence Inn (FDD 2023 Data) |
| Initial Investment (125-room) | $171M - $285M | $3M - $45.4M |
| Royalty Fee | 5% | 6% |
| Marketing/Reservation Fee | 3.5% | 2.5% |
| Total Fees | 8.5% | 8.5% |
Key Considerations for Hotel Franchise Investments
- Loyalty Program Strength: Evaluate the benefits and reach of the franchisor's loyalty program, as seen with Hyatt's significant membership growth.
- Brand Aesthetic and Target Market: Align the brand's design and service model with your target customer base, particularly for business travelers.
- Fee Structure Impact: Understand how royalty and marketing fees affect your potential profit margins over the life of the franchise agreement.
- Market Performance Benchmarks: Compare RevPAR index data against competitors to gauge potential revenue capture.
Alternative Franchise Chain: Homewood Suites by Hilton
Is Homewood Suites a good investment?
Homewood Suites by Hilton stands out as a prime investment within the upscale extended-stay hotel sector. Its strong performance is significantly bolstered by the Hilton Honors loyalty program, which boasts over 180 million members as of 2024. This extensive member base translates into a consistent flow of potential guests for franchisees.
For the fourth quarter of 2024, Homewood Suites reported impressive figures, achieving a system-wide occupancy rate of 76.8% and an Average Daily Rate (ADR) of $161. This resulted in a robust Revenue Per Available Room (RevPAR) of $123.65, positioning it as a leading hotel franchise alternative for those looking to enter the extended-stay market.
The brand's commitment to delivering an exceptional guest experience, coupled with strong operational support from Hilton, makes it a highly attractive option. This makes it a reliable choice for entrepreneurs starting an extended stay hotel business and seeking a high-performing asset.
How does it compare to a Residence Inn Franchise Unit?
Homewood Suites is a direct competitor and a strong alternative to a Residence Inn franchise. It offers a very similar guest experience, featuring spacious suites, full kitchens, complimentary hot breakfast, and an evening social. These amenities closely mirror what guests expect from a Residence Inn Franchise Unit, making the comparison direct.
The estimated initial investment for a new 121-suite Homewood Suites, as of June 2025, ranges from $15.2 million to $24.7 million, excluding land costs. This figure can be slightly lower than that of a comparable Residence Inn, presenting a different capital entry point for investors.
In terms of brand influence, both Homewood Suites and Residence Inn are industry leaders. Hilton's system saw over 65% of its room nights booked through its own channels in 2024, a statistic comparable to Marriott's. This ensures franchisees of either brand benefit from a strong and consistent guest base.
| Key Investment Metrics | Homewood Suites (Estimated June 2025) | Residence Inn (FDD Data) |
|---|---|---|
| Initial Investment (121 Suites) | $15.2M - $24.7M (excluding land) | $3M - $45.4M |
| Franchise Fee | Not specified in provided data | $90,000 |
| Royalty Fee | Not specified in provided data | 6% |
| Marketing Fee | Not specified in provided data | 2.50% |
Tips for Evaluating Extended Stay Hotel Franchises
- Analyze Brand Loyalty Programs: A strong loyalty program, like Hilton Honors, can significantly impact guest acquisition and retention.
- Review Performance Data: Look at key metrics such as occupancy rates, ADR, and RevPAR for recent periods to gauge profitability.
- Compare Investment Costs: Understand the total estimated initial investment for new builds and conversions to assess capital requirements.
- Evaluate Franchisee Support: Consider the operational and marketing support provided by the franchisor, which is crucial for success.
- Understand Market Competition: Research existing extended stay hotel brands in your target market to identify competitive advantages.
Alternative Franchise Chain: Staybridge Suites
When exploring residence inn franchise alternatives, Staybridge Suites emerges as a compelling option within the upscale extended stay hotel sector. As a brand under the InterContinental Hotels Group (IHG), it cultivates a distinct 'more home than hotel' atmosphere, notably through its 'The Social' evening reception.
Why choose Staybridge Suites?
For those considering hotel investment opportunities, Staybridge Suites offers significant advantages. Its integration with the IHG One Rewards program, boasting over 130 million members as of early 2025, provides a substantial global reach and a loyal customer base. The brand's success in attracting long-term guests is evident in its 2024 average length of stay, which was 92 nights. When comparing residence inn franchise with other brands, Staybridge Suites presents a competitive RevPAR, averaging around $115 in 2024, and a robust growth pipeline with over 150 new hotels planned worldwide, positioning it as a strong contender among extended stay hotel brands.
What are the franchise costs?
The financial commitment for a new 100-suite Staybridge Suites hotel in 2025 is estimated to range from $135 million to $218 million, exclusive of land costs. This range suggests a potentially more accessible entry point compared to some other upscale extended stay hotel franchise models. The ongoing fee structure includes a 6% royalty fee on gross room revenue, coupled with a 4% combined fee for marketing and reservation services, totaling 10%. The initial franchise fee is set at $75,000, which aligns with industry standards for similar franchise hotel brands. IHG provides comprehensive support, encompassing site selection and operational training, as part of the franchise package.
| Initial Investment Range (2025) | $135M - $218M (excluding land) |
| Royalty Fee | 6% of Gross Room Revenue |
| Marketing & Reservation Fee | 4% of Gross Room Revenue |
| Initial Franchise Fee | $75,000 |
| Average Length of Stay (2024) | 92 nights |
| Average RevPAR (2024) | ~$115 |
Tips for Evaluating Extended Stay Hotel Franchises
- Analyze the IHG One Rewards program: Leverage its extensive membership base for higher occupancy.
- Review the brand's pipeline: A strong pipeline indicates growth potential and market confidence.
- Compare fee structures: Understand how royalty and marketing fees impact your profitability against other hotel franchise opportunities.
- Assess the 'home-like' appeal: This is a key differentiator for extended stay guests and contributes to longer stays.
For those looking into hotel franchise opportunities similar to Residence Inn, understanding the nuances of each brand is crucial. While the initial investment for a Residence Inn franchise can be substantial, with FDD data indicating a range from $3 million to over $45 million, Staybridge Suites offers a different financial profile. It's important to compare these figures when assessing 'best hotel franchises besides Residence Inn' or exploring 'alternatives to owning a Residence Inn franchise.' The average annual revenue per unit for Residence Inn, as per FDD data, is approximately $1.2 million, with a median of $113,220, which can serve as a benchmark when evaluating other extended stay hotel brands. For a deeper dive into the financial aspects of a similar brand, consider exploring How Much Does a Residence Inn Franchise Owner Make? to understand the potential earnings and operational costs involved in this segment of the hospitality industry.
Alternative Franchise Chain: TownePlace Suites by Marriott
Is TownePlace Suites a good alternative?
Yes, TownePlace Suites stands out as an excellent Marriott extended stay franchise alternative. It's particularly appealing for investors looking for a more accessible entry point within the familiar Marriott Bonvoy ecosystem. This brand operates in the upper-midscale segment, positioned just below Residence Inn.
The brand has seen remarkable expansion, positioning itself as one of Marriott's fastest-growing brands. By early 2025, it's projected to have over 500 locations open. This rapid growth is significantly driven by its simpler, more cost-effective approach to both building and operating the hotels, making it a strong draw for franchisees.
Performance metrics for TownePlace Suites are robust within its segment. For 2024, the average RevPAR was reported at $98.50, with occupancy rates consistently holding above 75%. These figures highlight its competitive strength and solidify its standing as a smart choice for those interested in investing in extended stay hotel franchises.
How does it differ from a Residence Inn Franchise Unit?
The core distinctions between a TownePlace Suites and a Residence Inn franchise unit lie primarily in market positioning and the associated investment costs. As of 2025, the estimated total investment for a new 100-suite TownePlace Suites falls between $11.4 million and $16.9 million. This is a notable difference when compared to the investment required for a Residence Inn.
The product offering itself is more streamlined. While it includes full kitchens in each suite, the overall footprint per suite is generally smaller. Additionally, the amenities are more select; for instance, it typically does not offer an evening social reception. These adjustments contribute to reduced operational costs. In fact, the 2024 average operating margin for TownePlace Suites was approximately 2-3 percentage points higher than that of Residence Inn, a direct result of these efficiencies.
TownePlace Suites also serves as a complementary brand within the Marriott portfolio. It often resonates well with developers targeting secondary or tertiary markets. In these locations, the potential rate structure might not fully support a full-scale upscale brand like Residence Inn, but TownePlace Suites still provides valuable access to Marriott's extensive distribution network and its powerful loyalty program.
Key Investment Considerations: TownePlace Suites vs. Residence Inn
- Investment Level: TownePlace Suites generally requires a lower total initial investment compared to Residence Inn, making it more accessible for a broader range of investors.
- Operational Efficiency: The streamlined design and amenity offering of TownePlace Suites can lead to higher operating margins due to reduced operational complexity and costs.
- Market Strategy: TownePlace Suites is often a strategic fit for markets where a slightly less premium offering can still capture significant demand, especially for extended-stay travelers.
- Brand Synergy: For franchisees already invested in the Marriott system, TownePlace Suites offers a way to diversify within the extended-stay segment while leveraging existing brand recognition and loyalty programs.
| Metric | TownePlace Suites (Est. 2025) | Residence Inn (FDD Data) |
|---|---|---|
| Total Investment (100 Suites) | $11.4M - $16.9M | $3M - $45.4M |
| Average Operating Margin | Approximately 2-3% higher than Residence Inn | N/A (Benchmark for comparison) |
| Market Segment | Upper-Midscale Extended Stay | Upscale Extended Stay |
Alternative Franchise Chain: WoodSpring Suites
When exploring hotel franchise alternatives to brands like Residence Inn, WoodSpring Suites presents a compelling case, particularly for investors prioritizing operational efficiency and strong returns. As a key player in the economy extended-stay segment and part of the Choice Hotels portfolio, WoodSpring Suites is designed for simplicity and profitability.
Why consider WoodSpring Suites?
WoodSpring Suites stands out as a leading low-cost hotel franchise alternative. Its business model is intentionally lean, focusing on core guest needs for extended stays. This streamlined approach translates into significant financial advantages. For instance, the estimated total investment for a new 122-room hotel in 2025 ranges between $65 million and $98 million. The brand's operational efficiency is further underscored by its impressive 53.5% gross operating profit margin reported in 2024, placing it among the highest in the hotel industry. This makes it a prime consideration for investors whose primary focus is Return on Investment (ROI) and operational simplicity. The model minimizes staffing needs, eliminates food and beverage services, and caters to weekly and monthly stays, which inherently reduces operational complexities and associated turnover costs.
What is the WoodSpring business model?
The WoodSpring Suites business model is engineered for maximum efficiency. It offers basic, apartment-style suites equipped with kitchens, catering to a budget-conscious demographic that often stays for extended periods. In 2024, the average stay length exceeded 25 days. This focus on essential amenities, rather than extensive extras, appeals to a specific traveler segment. The franchise fee structure is also competitive, with a 5% royalty fee and a 15% system fee, totaling 65%, which is generally lower than many upscale brands. This cost-effective structure is central to its value proposition as a hotel franchise alternative. The brand's success is deeply rooted in data-driven strategies, including a proprietary site selection model that has consistently yielded high occupancy rates, averaging over 78% system-wide in 2024. This demonstrates a distinct yet highly successful strategy within the extended-stay hotel market.
Key Considerations for WoodSpring Suites Investment
- Focus on Extended Stay: The model thrives on longer guest stays, reducing the frequency of check-ins and check-outs.
- Operational Simplicity: The absence of food and beverage services and minimal staffing requirements streamline operations.
- Cost-Conscious Guest Profile: Appeals to travelers seeking value and essential amenities for longer durations.
- Strong Profit Margins: The efficient model contributes to high gross operating profit margins.
| Estimated Total Investment (2025) | $65 million - $98 million (for a 122-room hotel) |
| Gross Operating Profit Margin (2024) | 53.5% |
| Average Stay Length (2024) | Over 25 days |
| Royalty Fee | 5% |
| System Fee | 15% |
| Average Occupancy Rate (2024) | Over 78% |
For those comparing hotel franchise opportunities similar to Residence Inn, understanding the differences in operational focus and target demographics is crucial. While Residence Inn caters to a broader market including corporate travelers and families with its complimentary breakfast and social events, WoodSpring Suites zeroes in on the value-seeking, long-term guest. This distinction is key when evaluating franchise hotel brands as alternatives. If your goal is to explore hotel investment opportunities with a focus on a simplified, high-margin extended-stay model, WoodSpring Suites is certainly a contender among extended stay hotel brands.