Extended Stay America Select Suites
Lodging & Hospitality · Hotels, Resorts
Description
What is Extended Stay America Select Suites?
The franchise's success is built on a strategic focus on the growing extended-stay market, which has shown remarkable resilience even during economic fluctuations. Each property is thoughtfully designed to meet the specific needs of long-term guests, featuring fully equipped kitchens, spacious living areas, and essential amenities that create a home-away-from-home experience.
What sets Extended Stay America Select Suites apart is their efficient operational model and strong brand recognition. Franchisees benefit from comprehensive training programs, sophisticated property management systems, and established relationships with corporate clients and travel agencies. The brand's marketing strategies effectively target both business and leisure travelers, ensuring consistent occupancy rates throughout the year.
As a franchisee, you'll be joining a network that understands the evolving needs of modern travelers. The brand's commitment to quality service and comfortable accommodations has helped establish a loyal customer base. With the backing of a respected hospitality brand and a proven business format, Extended Stay America Select Suites offers entrepreneurs the opportunity to enter the hotel industry with a concept that addresses a specific and growing market need.
- Part of established Extended Stay America portfolio with proven systems
- Kitchen-equipped suites in every unit for extended stay convenience
- 131 active units demonstrating operational stability since 2016
- Targets growing extended stay market segment
- 24/7 operational model with potential for consistent occupancy
- Full kitchen amenities differentiate from traditional hotel offerings
Location Analysis
Where Extended Stay America Select Suites wins
The franchise's flagship location in Aurora, Colorado, maintains an impressive performance rating above the system-wide average, serving as a benchmark for operational excellence. This performance suggests strong potential in markets with similar demographics and business characteristics. The significant concentration in the Mid-Atlantic region indicates a successful regional strategy, particularly in areas with sustained business travel and extended-stay demand.
Expansion opportunities exist in underserved markets, particularly in the Northeast and West Coast. Ideal locations should target areas with robust corporate presence, healthcare clusters, or government facilities that generate consistent extended-stay traffic. Given the brand's relatively recent establishment in 2016, there's significant potential for growth in secondary cities with growing business sectors and limited extended-stay competition, while maintaining proximity to major transportation corridors.
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Financial Analysis
The numbers behind Extended Stay America Select Suites
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
CRF USA
Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.
First Bank of the Lake
Pension Pros
FDD Item 7
Initial investment range
Per FDD Item 7, total initial investment ranges from $8,645,475 to $13,425,000. The midpoint $11,035,238 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
2024 Franchise Disclosure
FDD documents
Below are items 2, 3, 4, 7, 11 and 19 for Extended Stay America Select Suites's 2024 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.
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 Select Suites franchise typically ranges between $8,645,475.00 and $13,425,000.00. 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.
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