GrandStay® Hospitality Home > Franchise > Franchise Agreement Highlights

HIGHLIGHTS OF FRANCHISE AGREEMENT

The Franchise Agreement grants the franchisee the right to use the GrandStay® Hotels OR the Crossings by GrandStay® Inn and Suites system for a specific site for a term of 20 years. The Agreement provides for an exclusive territory in the primary trading area surrounding the site for the life of the contract. Each "Area of Protection" is determined by mutual agreement of the franchisee and GrandStay® Hospitality, LLC. on a case-by-case basis.

Obligations of Franchisor

  • Provide detailed prototype drawing and design standards (not site adapted).
  • Review preliminary and final architectural plans, specifications and FF&E to assure compliance with system standards.
  • Conduct opening training at the facility as well as management and ownership training and orientation at designated locations.
  • Provide reservation system.
  • Promote awareness for the GrandStay® Hospitality brands through advertising, regional field sales, direct marketing, public relations and promotion.
  • Establish GrandStay® Hospitality standard and requirements, communicate such to each franchisee and monitor compliance.

Obligations of Franchisee

  • Design, build and equip the facility in strict conformity with prototype plans and specifications, subject to site and code requirements.
  • Participate in mandatory training and marketing programs.
  • Operate the facility in strict conformance with standards.
  • Provide timely monthly reports on the facility's performance.
  • Maintain required insurance coverages.

*** See our franchise disclosure document for details on the franchise, the franchise agreement, and the franchise fees.***

Fees

Application: No Charge
Initial: $35,000 due upon execution
Royalty: $3.75 per occupied room