Residence Inn
Lodging & Hospitality · Hotel Resorts
Description
What is Residence Inn?
Each Residence Inn property is thoughtfully designed to cater to guests who require extended accommodation, featuring spacious suites with fully-equipped kitchens, separate living and sleeping areas, and modern amenities that mirror the comforts of home. The brand's signature offerings include complimentary hot breakfast, evening social hours, and grocery delivery services, fostering a welcoming community atmosphere that sets it apart from traditional hotels.
What makes Residence Inn unique is its commitment to providing a residential-style living experience while maintaining the professional standards and reliability associated with the Marriott brand. The franchise has successfully carved out its niche in the upscale extended-stay segment, catering to business travelers, relocating professionals, and families seeking temporary housing solutions.
For franchise owners, Residence Inn offers the advantage of operating under the renowned Marriott umbrella, benefiting from their sophisticated reservation systems, loyalty program, and global marketing reach. The brand's proven business model, coupled with comprehensive operational support and ongoing training programs, positions franchisees for success in the competitive hospitality market. As the extended-stay sector continues to grow, Residence Inn remains at the forefront of innovation in residential-style hospitality.
- Nearly 50 years of operational excellence since 1975
- 861 active units demonstrating proven market acceptance
- Premium investment tier with $15.4M+ minimum commitment
- Extended-stay hospitality specialization and expertise
- Established presence in growing extended-stay market segment
- Mature franchise system with decades of operational refinement
Location Analysis
Where Residence Inn wins
The brand's average rating of 3.7 across numerous customer reviews indicates generally positive customer satisfaction, though there's room for improvement. The sample location's strong performance in Durham's Research Triangle Park demonstrates the brand's success in business-focused submarkets near major employment centers.
Ideal locations typically feature proximity to corporate offices, research parks, or major medical centers, targeting extended-stay business travelers. Key success factors include locations in secondary business districts with lower operating costs than city centers, yet maintaining convenient access to corporate clients. Markets with significant government, healthcare, or technology sector presence show particularly strong performance.
Growth opportunities exist in underserved Western states and emerging tech hubs, particularly in markets with growing corporate presence and limited extended-stay competition. Prospective franchisees should focus on locations with strong corporate demand drivers, stable year-round occupancy patterns, and limited extended-stay supply within a 3-mile radius.
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Financial Analysis
The numbers behind Residence Inn
The lodging industry benefits from resilient fundamentals, driven by business travel recovery and growing demand for extended-stay accommodations. Corporate relocations, project-based work, and hybrid business models continue expanding the target market for suite-style hotels offering residential amenities.
With 861 active units and nearly 50 years of operation since 1975, Residence Inn demonstrates exceptional system maturity and market penetration. Revenue data is not available, preventing direct performance comparisons within the hotel resorts subsector.
The significant investment threshold requires sophisticated investors with substantial liquid capital and hospitality experience. Multi-million dollar hotel investments typically involve complex financing structures and territory considerations given the substantial commitment required.
Ideal investors possess hospitality management experience or strong operational partnerships, given the complexity of extended-stay operations including housekeeping protocols, guest services, and comprehensive property management in the growing extended-stay segment.
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 $15,457,410 to $35,848,510. The midpoint $25,652,960 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 Residence Inn'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 Residence Inn franchise typically ranges between $15,457,410.00 and $35,848,510.00. 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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