This statistic shows the franchise costs to room revenue of extended stay hotel brands in the United States as of October 2014. Candlewood Suites franchise costs amounted to 11.5 percent of its room revenue.
Franchise costs to room revenue of extended stay hotel brands in the United States as of October 2014
The source does not specify the date of survey. The date given is the publication date.
Estimated costs were calculated based on the following assumptions about each property made by the source: average rate; average room count; stabilized occupancy; reservation segmentation; loyalty program participation; average length of stay and food and beverages as a percentage of rooms revenue. Assumptions were developed on a brand-by-brand basis using a selection of sources including HVS' database of financial statements and information provided by the companies.
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Hotel News Resource. (October 15, 2014). Franchise costs to room revenue of extended stay hotel brands in the United States as of October 2014 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/364755/franchise-costs-to-room-revenue-of-extended-stay-hotel-brands-us/
Hotel News Resource. "Franchise costs to room revenue of extended stay hotel brands in the United States as of October 2014." Chart. October 15, 2014. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/364755/franchise-costs-to-room-revenue-of-extended-stay-hotel-brands-us/
Hotel News Resource. (2014). Franchise costs to room revenue of extended stay hotel brands in the United States as of October 2014. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/364755/franchise-costs-to-room-revenue-of-extended-stay-hotel-brands-us/
Hotel News Resource. "Franchise Costs to Room Revenue of Extended Stay Hotel Brands in The United States as of October 2014." Statista, Statista Inc., 15 Oct 2014, https://www-statista-com.ezproxy.canberra.edu.au/statistics/364755/franchise-costs-to-room-revenue-of-extended-stay-hotel-brands-us/
Hotel News Resource, Franchise costs to room revenue of extended stay hotel brands in the United States as of October 2014 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/364755/franchise-costs-to-room-revenue-of-extended-stay-hotel-brands-us/ (last visited November 10, 2024)
Franchise costs to room revenue of extended stay hotel brands in the United States as of October 2014 [Graph], Hotel News Resource, October 15, 2014. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/364755/franchise-costs-to-room-revenue-of-extended-stay-hotel-brands-us/
