lobby 1,307 sq. ft. acreage 1.84 acres to settle in · * 2019 candlewood suites franchise...
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DEVELOPMENT.IHG.COM
PROTOTYPE SITE PLAN DETAILS
Acreage 1.84 acres
Gross Building Area 56,473 sq. ft.
Number of Floors 4
Total Suite Count 108 Suites
Gross Building Area per Key 523 sq. ft.
Parking Spaces 108
GUEST SUITES
King Studio (79) 307 sq. ft. | 26’-0”x12’-6”
Queen/Queen Studio (17) 353 sq. ft. | 26’-0”x12’-6”
One Bedroom Suite (12) 567 sq. ft. | 30’-0”x12’-6”
King Beds, 55” TVs and recliners
Enhanced storage in kitchen and open closet
PUBLIC SPACE
Lobby — 1,307 sq. ft.
Fitness Center — 551 sq. ft.
Total Public Space — 2,098 sq. ft.
Open Candlewood Cupboard adjacent to front desk
20+ seats offered in open concept lobby
BACK OF HOUSE
2,410 sq. ft. King Studio Suite
CONTACT US
BUILDING SUMMARY
TO SETTLE INYOUR SPACE
Visit design.candlewoodsuites.com for more details.
WHAT WE STAND FORAt Candlewood Suites®, we believe the world is a better place when travelers have personal and physical space to settle in. We know our travelers are at their best when they have a sense of normalcy on an extended stay. Our guests expect and appreciate our reliable service, amenities, and straight forward offerings that support their independent ways.
FRANCHISE HOTEL PERFORMANCE*Average Daily Room Rate: $85.09
Average Occupancy: 74.1%
Average Revpar: $63.09
IHG® Rewards Club generated a
median of 53.7% of bookings at
Candlewood Suites® hotels in 2018.
IHG’s booking channels represent an
average of 49.7% of Candlewood Suites
reservations.
COMPETITIVE FEESTRUCTURE*Application Fee:
The greater of $50,000
or $500 per guest room
Royalty Fee:
5.0% of Gross Rooms Revenue
Services Contribution:
2.5% of Gross Rooms Revenue
COST TO BUILDTarget Cost Per Key For 108-Suite Prototype: $105,000 - $115,000
(Excludes land, contingency, utility tap, and permit fees)
* 2019 Candlewood Suites Franchise Disclosure Document
WHERE WE PLAYMidscale Extended Stay
TARGET GUEST Our target guest is the self-suffi cient traveler. They are seeking self-service amenities, an easygoing environment, access to items they’re used to having at home, and support from a familiar face when they need it.
DISTRIBUTION
407 92
WHY THE BRAND1
2
3
4
Open Pipeline
AMERICAS
Extended-stay operating model | guestsstaying 5+ nights, straightforward amenities,and weekly housekeeping means less roomturnover and a lower team-member-to-guestratio. This creates lower operating costs for you.
Focused guest services and amenities | free laundry facilities, complimentary gas grills, cozy recliners, and weekly housekeeping.
Spacious suites | fully equipped kitchen, largeworkspace, comfortable bedding, and plenty of in-room storage space.
Effi cient design | open-concept lobby, straightforward zoning, enhanced organization, and development flexibility.
As of September 30, 2019
WHAT WE STAND FORAt Candlewood Suites®, we believe the world is a better place when travelers have personal and physical space to settle in. We know our travelers are at their best when they have a sense of normalcy on an extended stay. Our guests expect and appreciate our reliable service, amenities, and straight forward offerings that support their independent ways.
FRANCHISE HOTEL PERFORMANCE*Average Daily Room Rate: $85.09
Average Occupancy: 74.1%
Average Revpar: $63.09
IHG® Rewards Club generated a
median of 53.7% of bookings at
Candlewood Suites® hotels in 2018.
IHG’s booking channels represent an
average of 49.7% of Candlewood Suites
reservations.
COMPETITIVE FEESTRUCTURE*Application Fee:
The greater of $50,000
or $500 per guest room
Royalty Fee:
5.0% of Gross Rooms Revenue
Services Contribution:
2.5% of Gross Rooms Revenue
COST TO BUILDTarget Cost Per Key For 108-Suite Prototype: $105,000 - $115,000
(Excludes land, contingency, utility tap, and permit fees)
* 2019 Candlewood Suites Franchise Disclosure Document
WHERE WE PLAYMidscale Extended Stay
TARGET GUEST Our target guest is the self-suffi cient traveler. They are seeking self-service amenities, an easygoing environment, access to items they’re used to having at home, and support from a familiar face when they need it.
DISTRIBUTION
407 92
WHY THE BRAND1
2
3
4
Open Pipeline
AMERICAS
Extended-stay operating model | guestsstaying 5+ nights, straightforward amenities,and weekly housekeeping means less roomturnover and a lower team-member-to-guestratio. This creates lower operating costs for you.
Focused guest services and amenities | free laundry facilities, complimentary gas grills, cozy recliners, and weekly housekeeping.
Spacious suites | fully equipped kitchen, largeworkspace, comfortable bedding, and plenty of in-room storage space.
Effi cient design | open-concept lobby, straightforward zoning, enhanced organization, and development flexibility.
As of September 30, 2019
DEVELOPMENT.IHG.COM
PROTOTYPE SITE PLAN DETAILS
Acreage 1.84 acres
Gross Building Area 56,473 sq. ft.
Number of Floors 4
Total Suite Count 108 Suites
Gross Building Area per Key 523 sq. ft.
Parking Spaces 108
GUEST SUITES
King Studio (79) 307 sq. ft. | 26’-0”x12’-6”
Queen/Queen Studio (17) 353 sq. ft. | 26’-0”x12’-6”
One Bedroom Suite (12) 567 sq. ft. | 30’-0”x12’-6”
King Beds, 55” TVs and recliners
Enhanced storage in kitchen and open closet
PUBLIC SPACE
Lobby — 1,307 sq. ft.
Fitness Center — 551 sq. ft.
Total Public Space — 2,098 sq. ft.
Open Candlewood Cupboard adjacent to front desk
20+ seats offered in open concept lobby
BACK OF HOUSE
2,410 sq. ft. King Studio Suite
CONTACT US
BUILDING SUMMARY
TO SETTLE INYOUR SPACE
Visit design.candlewoodsuites.com for more details.