SpringHill Suites

SpringHill Suites

Information based on 2024 FDD

Lodging & Hospitality · Hotel Resorts

Investment min
$13M
Total: $13M–$29M
Avg gross revenue
N/A
Unit-level, 2024
Franchise fee
$75K
Per current disclosure
Royalty
5.5%
of gross revenue
Locations
522
Franchising since 1997

Description

What is SpringHill Suites?

SpringHill Suites, a distinguished brand within the Marriott International portfolio, has established itself as a leading name in upscale, all-suite accommodations since 1996. This premium hotel chain specializes in delivering spacious, modern lodging solutions that seamlessly blend comfort with functionality, making it ideal for both business travelers and leisure guests.

What sets SpringHill Suites apart is their innovative room design, featuring separate areas for sleeping, working, and relaxing. Each suite is thoughtfully crafted with contemporary furnishings, luxurious bedding, and versatile workspaces, complemented by modern amenities that cater to today's tech-savvy travelers. The brand is particularly renowned for its complimentary hot breakfast service, which consistently receives high praise from guests for its quality and variety.

The franchise's commitment to exceptional guest service is evident through their consistently positive reviews, with guests frequently highlighting the friendly staff, cleanliness, and attention to detail. Properties typically feature amenities such as state-of-the-art fitness centers, indoor pools, and convenient business centers, making them suitable for various travel purposes.

Strategic locations near major highways, business districts, and popular attractions make SpringHill Suites an attractive option for franchisees looking to tap into both business and leisure markets. The brand's robust support system, backed by Marriott's extensive hospitality experience, provides franchisees with comprehensive training, operational guidance, and marketing support to ensure success in this competitive industry. With over 500 locations across North America, SpringHill Suites continues to expand its footprint while maintaining its reputation for excellence in the upper-moderate lodging segment.
  • Marriott's trusted hospitality brand power
  • Established 28-year operational track record
  • Extended-stay market growth positioning
  • Comprehensive reservation and loyalty systems
  • Premium upscale brand positioning
  • Proven 547-unit system infrastructure

Location Analysis

Where SpringHill Suites wins

SpringHill Suites demonstrates strong market presence with numerous locations across multiple states, showing strategic concentration in high-traffic tourism and business corridors. The franchise maintains particularly strong presence in key markets like Texas, Florida, and California, with notable concentrations in Michigan and Virginia, indicating successful penetration in both coastal and inland markets. The brand's exceptional guest satisfaction ratings suggest consistent service quality and strong operational standards across regions.

The brand shows particular strength in markets combining business travel with tourism, positioning itself effectively in the select-service segment. Current distribution patterns reveal focus on metropolitan areas and secondary markets with strong corporate presence. Notable expansion opportunities exist in the Northeast and Pacific Northwest, where coverage is less dense.

Ideal locations typically feature proximity to business districts, universities, or tourist attractions, with preference for sites near major highways or airports. Success factors include areas with high corporate activity, steady tourism flow, and median household incomes above $75,000. Market analysis suggests strongest performance in locations combining multiple demand drivers (business, leisure, education) with limited upper-midscale hotel competition.

Prospective franchisees should prioritize locations in growing metropolitan areas with diverse economic bases, strong corporate presence, and established tourism infrastructure.
Total US locations
547
Franchise units
522
Corporate locations
25
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind SpringHill Suites

Avg gross revenueN/A
Investment range$12,508,700 – $28,974,500
Investment midpoint$20,741,600
Brand fund3.85%
Royalty5.5%
Franchise fee$75,000
Min. net worth
Min. liquid capital
SpringHill Suites requires a substantial capital commitment with a minimum investment of $12.5 million, positioning it in the premium tier of franchise investments. This investment level significantly exceeds the Hotel Resorts sub-sector average of $6.2-$7.7 million, reflecting the brand's upscale positioning within Marriott's portfolio. The substantial capital requirement typically encompasses land acquisition, construction, furniture/fixtures/equipment, pre-opening expenses, and working capital reserves. Qualified investors generally need liquid capital of $3-5 million and net worth exceeding $15 million, with SBA financing and construction loans commonly utilized.

The lodging industry benefits from recovering travel demand post-pandemic, with extended-stay and business travel segments showing resilience. SpringHill Suites targets the growing extended-stay market, appealing to business travelers and families seeking apartment-style accommodations. The brand's 547 units and 28-year operating history since 1996 demonstrate system maturity and operational stability within Marriott's extensive infrastructure.

This investment suits experienced hospitality operators or high-net-worth individuals seeking premium brand affiliation. The complex operational requirements demand professional management expertise, while Marriott's reservation system and loyalty program provide competitive advantages. Territory protection and brand standards ensure market positioning, though the high investment threshold limits scalability for most investors. The franchise appeals to markets with strong business travel, corporate relocations, and extended-stay demand. Prospective investors should thoroughly review the Franchise Disclosure Document and conduct comprehensive market analysis before proceeding.

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

$13M–$29M
Most common
$12,508,700
Minimum
$20,741,600
Midpoint
$28,974,500
Maximum

Per FDD Item 7, total initial investment ranges from $12,508,700 to $28,974,500. The midpoint $20,741,600 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

+3% YoY
8006404803201600
2018
2019
2020
2021
2022
2023
2024
547 units open as of 2024 FDD+15 in last 12 mo

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for SpringHill 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 SpringHill Suites franchise typically ranges between $12,508,700.00 and $28,974,500.00. 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.

SpringHill Suites
SpringHill Suites
N/A avg revenue · 522+ US franchises

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