ECONO LODGE
We provide ECONO LODGE branded hotel stays that deliver a comfortable place to stay at a great value for business and leisure travelers. Our hotels are designed to offer straightforward accommodations for guests who want dependable lodging at an affordable price. Properties with at least 10% suites may operate under the ECONO LODGE INN & SUITES name. We support both new hotel construction and the conversion of existing hotels into the ECONO LODGE system.
Your franchise match score
Lodging & Hospitality
Brand highlights
- CEOPatrick S. Pacious
- Headquarters915 Meeting Street, North Bethesda, MD, 20852
- Year founded1939
- Year started franchising1990
- IndustryLodging & Hospitality
- Locations open677 (-100 last three years)
Statistics & metrics
- Investment range$175,045 - $954,895
- Franchise fee$30,000
- Royalty5.0% of the preceding month’s Gross Room Revenues (“GRR”) (Note 2).
- Brand fund3.5% of the preceding month’s GRR (Note 2).
- Required Liquid Capital$10,000
- Required Net WorthN/A
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2024-04-01
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about ECONO LODGE, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Initial Franchise Fee | Learn about the initial franchise fee required to join the ECONO LODGE franchise system and what that fee covers. | |
| Other Fees | Understand the ongoing and additional fees associated with owning a ECONO LODGE franchise, including royalties, marketing contributions, and other required payments. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a ECONO LODGE franchise, including startup costs and working capital estimates. | |
| Territory | Understand how franchise territories are defined, whether they are exclusive, and under what circumstances they may be modified by ECONO LODGE. | |
| Financial Performance Representations | Review any financial performance information ECONO LODGE provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 677 |
| Franchise locations | 677 |
| Corporate locations | 0 |
System growth over time
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