TownePlace Suites by Marriott
TownePlace Suites by Marriott is an extended-stay hotel brand designed for travelers who want a comfortable place to stay for several nights or longer. Our hotels typically offer 60 to 120 studio, one-bedroom, and two-bedroom suites, with fully equipped kitchens, living areas, work and dining space, and private sleeping quarters with a bath. We also provide the practical amenities guests expect for longer stays, including a flexible lobby, breakfast room, guest laundry, swimming pool, and our TowneMap feature. Each hotel serves the traveling public with a complimentary buffet breakfast and the signature guest experiences we designate. We operate as a hotel lodging business focused on high-quality accommodations and related services in a standardized brand system.
Your franchise match score
Lodging & Hospitality
Brand highlights
- CEOAnthony Capuano
- Headquarters7750 Wisconsin Avenue, Bethesda, MD, 20814
- Year founded2012
- Year started franchising1996
- IndustryLodging & Hospitality
- Locations open525 (+50 last three years)
Statistics & metrics
- Investment range$12,819,600 - $37,858,300
- Franchise fee$75,000
- Royalty5.5% of gross room sales
- Brand fundincludes a contribution to the Marketing Fund of 2% of gross room sales
- Required Liquid CapitalN/A
- 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: 2025-03-31
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about TownePlace Suites by Marriott, 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 TownePlace Suites by Marriott franchise system and what that fee covers. | |
| Other Fees | Understand the ongoing and additional fees associated with owning a TownePlace Suites by Marriott franchise, including royalties, marketing contributions, and other required payments. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a TownePlace Suites by Marriott 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 TownePlace Suites by Marriott. | |
| Financial Performance Representations | Review any financial performance information TownePlace Suites by Marriott provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 525 |
| Franchise locations | 519 |
| Corporate locations | 6 |
System growth over time
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