BW Premier (Conversions Only)

BW Premier (Conversions Only)

Information based on 2024 FDD

Lodging & Hospitality · Hotel Resorts

Investment min
$436K
Total: $436K–$7M
Avg gross revenue
N/A
Unit-level, 2024
Franchise fee
$29K
Per current disclosure
Royalty
5%
of gross revenue
Locations
27
Franchising since 2020

Description

What is BW Premier (Conversions Only)?

BW Premier represents an elite opportunity in the hospitality industry, offering a unique conversion-focused model that transforms existing hotels into distinguished luxury properties. As part of one of the world's most recognized hospitality brands, BW Premier specializes in elevating independent hotels to meet exceptional standards of service and amenities that today's discerning travelers expect.

This conversion-only franchise model provides a strategic advantage for existing hotel owners looking to enhance their property's market position and revenue potential. By joining BW Premier, properties gain access to a powerful global reservation system, comprehensive marketing support, and industry-leading technology platforms that drive guest satisfaction and operational efficiency.

What sets BW Premier apart is its flexible approach to property improvement, allowing owners to maintain their hotel's unique character while incorporating essential brand elements that guests associate with premium hospitality. The franchise provides extensive support in areas such as design consultation, staff training, quality assurance, and revenue management strategies.

Each BW Premier location offers sophisticated accommodations, upscale amenities, and personalized service that cater to both business and leisure travelers. The brand's commitment to excellence is reflected in its carefully curated portfolio of properties, each chosen for its potential to deliver exceptional guest experiences and strong market performance.

With decades of industry expertise since its establishment in 1957, BW Premier continues to evolve and adapt to changing market demands while maintaining its core values of quality, service, and profitability for franchise owners.
  • Established hospitality brand since 1957
  • Lower investment than resort competitors
  • Conversion model reduces development risk
  • Best Western system backing support
  • Selective growth ensures market protection
  • Proven franchise conversion expertise

Location Analysis

Where BW Premier (Conversions Only) wins

BW Premier (Conversions Only) represents a specialized segment of the Best Western hotel brand focusing exclusively on property conversions. With an established market presence, this conversion-focused model presents unique opportunities in established hospitality markets. The brand targets existing hotel properties suitable for upscale repositioning, particularly in high-traffic business districts, tourist destinations, and metropolitan areas.

The conversion-only strategy allows for rapid market entry in prime locations where new construction might be impractical or cost-prohibitive. Ideal properties typically include well-maintained independent hotels or competing brands ready for repositioning in markets with strong corporate travel, tourism, or event-driven demand. Success factors include properties with substantial room inventory, locations near major transportation hubs, business centers, or tourist attractions, and markets with consistent year-round demand.

Expansion opportunities exist particularly in underserved upscale markets where existing properties can be elevated to meet BW Premier standards. Key considerations for potential franchisees should include local market RevPAR trends, competitive upscale hotel density, and renovation requirements to meet brand standards. The most successful conversions typically occur in locations with strong existing business infrastructure and growing corporate presence, combined with robust leisure travel demand.
Total US locations
27
Franchise units
27
Corporate locations
0
Avg. sq. footage
N/A
Territory check

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Financial Analysis

The numbers behind BW Premier (Conversions Only)

Avg gross revenueN/A
Investment range$436,450 – $6,590,870
Investment midpoint$3,513,660
Brand fundN/A
Royalty5%
Franchise fee$29,000
Min. net worth
Min. liquid capital
BW Premier operates as a conversion-only hotel franchise targeting existing independent properties seeking brand affiliation. The $436,450 to $6,590,870 investment range reflects property renovation and brand conversion costs rather than ground-up development, positioning this significantly below the sub-sector average of $6.2M to $7.7M. This lower entry point makes BW Premier accessible to mid-tier investors compared to premium hotel resort franchises requiring substantial new construction capital.

The lodging industry benefits from recovering travel demand post-pandemic, with conversion franchises offering established properties faster market entry and reduced development risk. Independent hotels increasingly seek brand affiliation for distribution channels and loyalty program access, creating conversion opportunities.

With 27 units since 1957, BW Premier represents a mature but boutique franchise system within Best Western's portfolio. This limited scale suggests selective growth focused on quality conversions rather than aggressive expansion, potentially offering franchisees stronger territorial protection but limited brand recognition compared to larger hotel chains.

Conversion franchises require existing hotel ownership or acquisition, demanding significant hospitality experience and operational expertise. Investors must evaluate property condition, market positioning, and renovation requirements. The model suits experienced hoteliers seeking brand benefits without new development complexities.

Ideal candidates possess substantial liquid capital, proven hospitality management experience, and own suitable conversion properties in markets lacking brand presence. Financing typically combines property acquisition loans with renovation capital, requiring strong creditworthiness and industry track record.
Did you know? Did you know that transforming an existing hotel into a BW Premier franchise through their conversion-only program requires a total investment between $436,450 and $6,590,870 (which includes the $29,000 franchise fee), with the wide range reflecting factors like your property's current condition, size, location, and the extent of renovations needed to meet Best Western's upscale Premier brand standards?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$436K–$7M
Most common
$436,450
Minimum
$3,513,660
Midpoint
$6,590,870
Maximum

Per FDD Item 7, total initial investment ranges from $436,450 to $6,590,870. The midpoint $3,513,660 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

Growth over time

Franchise footprint

0% YoY
3024181260
2020
2021
2022
2023
2024
27 units open as of 2024 FDD

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for BW Premier (Conversions Only)'s 2024 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2024 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a BW Premier (Conversions Only) franchise typically ranges between $436,450.00 and $6,590,870.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

BW Premier (Conversions Only)
BW Premier (Conversions Only)
N/A avg revenue · 27+ US franchises

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