Extended Stay America Premier Suites

Extended Stay America Premier Suites

Information based on 2024 FDD

Lodging & Hospitality · Hotels, Resorts

Investment min
$10M
Total: $10M–$15M
Avg gross revenue
N/A
Unit-level, 2024
Franchise fee
$50K
Per current disclosure
Royalty
5.5%
of gross revenue
Locations
9
Franchising since 2021

Description

What is Extended Stay America Premier Suites?

Extended Stay America Premier Suites represents the premium tier of one of America's most recognized hotel chains, offering an elevated hospitality experience for both business and leisure travelers seeking longer-term accommodations. Launched in 2017, this upscale brand extension combines the reliability of Extended Stay America with enhanced amenities and refined service standards.

As a franchise owner, you'll operate a property that caters to a growing market of professionals, project workers, relocating families, and travelers who need more than just a typical hotel room. Each Premier Suite is thoughtfully designed with fully equipped kitchens, spacious work areas, and comfortable living spaces, providing guests with a genuine home-away-from-home experience.

What sets Extended Stay America Premier Suites apart is its focus on the extended-stay market segment, which typically enjoys higher occupancy rates and more stable revenue streams compared to traditional hotels. The brand's proven operational model includes efficient staffing structures, optimized maintenance protocols, and strategic marketing support to drive bookings.

Franchisees benefit from Extended Stay America's established reputation, comprehensive training programs, and sophisticated revenue management systems. The brand's national marketing campaigns, loyalty program, and corporate booking channels help drive consistent occupancy. Additionally, owners receive ongoing operational support, including access to preferred vendors, standardized procedures, and regular performance optimization consultations.

This opportunity is ideal for experienced hoteliers or investment groups looking to expand their portfolio with a premium extended-stay property backed by a nationally recognized brand.
  • Part of established Extended Stay America family of brands
  • Full kitchens in every suite with complete amenities
  • STAY longer. Save more.® discount program for extended stays
  • Free Wi-Fi and spacious suite accommodations
  • Pet-friendly policies welcoming four-legged family members
  • 24/7 laundry facilities for guest convenience

Location Analysis

Where Extended Stay America Premier Suites wins

Extended Stay America Premier Suites maintains a strategic presence across multiple states, with franchise locations concentrated primarily in the Southeast and Mid-Atlantic regions. The franchise shows particular strength in Florida and balanced coverage across Georgia, Maryland, and Virginia, with additional presence in Arizona and other select states. This regional distribution suggests a focus on markets with strong business travel, tourism, and government/military activity.

The brand's average rating of 3.77 demonstrates moderate satisfaction levels, with notable performance variations by region. Florida locations, including the Titusville Space Center property, demonstrate above-average performance with strong ratings, suggesting excellent market fit in tourism-heavy areas.

Ideal locations for new franchises should target metropolitan areas with diverse demand drivers: proximity to business parks, government facilities, tourism attractions, or major transportation corridors. The current geographic footprint reveals significant expansion opportunities in underserved markets, particularly in the Northeast and Western United States. Success factors include locations in high-growth metropolitan areas with strong extended-stay demand, limited extended-stay competition, and robust corporate travel activity.

Prospective franchisees should focus on markets with stable corporate presence, growing population centers, and areas experiencing significant commercial development or government contract activity.
Total US locations
41
Franchise units
9
Corporate locations
32
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind Extended Stay America Premier Suites

Avg gross revenueN/A
Investment range$10,075,475 – $15,230,000
Investment midpoint$12,652,738
Brand fund4.5%
Royalty5.5%
Franchise fee$50,000
Min. net worth
Min. liquid capital
Extended Stay America Premier Suites requires a substantial investment of $10.1-15.2 million, positioning it as a premium hospitality franchise opportunity. This investment range significantly exceeds the sub-sector average of $8.4-9.3 million, reflecting the capital-intensive nature of extended-stay hotel development and the brand's upscale positioning within the lodging sector.

The extended-stay hotel segment benefits from strong market fundamentals, driven by corporate relocations, temporary housing needs, and cost-conscious travelers seeking apartment-style amenities. This niche market has demonstrated resilience during economic fluctuations, as guests often extend stays during uncertain periods.

With 41 units established since 2017, the franchise represents a focused growth strategy within the broader Extended Stay America portfolio. Revenue data is not currently available for this franchise system, limiting comprehensive financial performance analysis. The relatively recent establishment and selective unit count may indicate newer market positioning or premium segment focus.

The substantial capital requirements necessitate experienced hospitality investors with significant liquid assets and real estate development capabilities. Ideal candidates should possess hotel management experience and access to commercial financing, as traditional SBA lending may be limited for this investment level.

Key considerations include extended development timelines, complex operational requirements, and market-dependent performance tied to corporate demand and local economic conditions. Territory rights and market protection become critical given the high investment threshold.
Did you know? Starting an Extended Stay America Premier Suites franchise requires a substantial total investment between $10,075,475 and $15,230,000, which includes the $50,000 franchise fee and covers everything needed to launch your extended-stay hotel business that caters to travelers seeking comfortable, apartment-style accommodations for weeks or months at a time.

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

$10M–$15M
Most common
$10,075,475
Minimum
$12,652,738
Midpoint
$15,230,000
Maximum

Per FDD Item 7, total initial investment ranges from $10,075,475 to $15,230,000. The midpoint $12,652,738 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

+46% YoY
50403020100
2019
2020
2021
2022
2023
2024
41 units open as of 2024 FDD+13 in last 12 mo

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Extended Stay America Premier Suites'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 Extended Stay America Premier Suites franchise typically ranges between $10,075,475.00 and $15,230,000.00. 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.

Extended Stay America Premier Suites
Extended Stay America Premier Suites
N/A avg revenue · 9+ US franchises

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