About Landingplace Suites Franchise
Landingplace Suites is a hotel franchise specializing in the midscale extended stay segment, offering high-quality lodging to a diverse clientele.
Franchisees establish and operate hotels that provide essential amenities like swimming pools, office/conference rooms, laundry services, sundry shops, lending hubs, and fitness centers.
The brand targets a broad range of guests, including business travelers, construction crews, individuals relocating, snowbirds, and leisure guests seeking comfortable, longer-term stays.
Landingplace Suites Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $50,000 | One-time payment upon signing |
| Royalty Fee | 5.5% of Gross Rooms Revenue of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 3% of Gross Rooms Revenue | National brand fund |
| Total Investment Range | $268,849 – $3,332,849 | Includes build-out, inventory, working capital |
The investment range of $269K–$3.3M reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (5.5% of Gross Rooms Revenue) and marketing fee (3% of Gross Rooms Revenue) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee (Note 1) | $50,000 | $50,000 |
| Property Improvement Plan (“PIP”) fee | $6,000 | $6,000 |
| PIP Renovation Failure / Extension Fee (if applicable; if not, then zero) (Note 2) | $0 | $10,000 |
| Brand Non-Compliance Re-Evaluation Fee – Special Audit (if applicable; if not, then zero) (Note 2) | $0 | $5,000 |
| Opening Process Services Fee | $6,000 | $6,000 |
| Management Company | N/A | N/A |
| Land (varies) (Note 3) | N/A | N/A |
| Property Management System (PMS) initial setup (Note 4) | $5,779 | $6,074 |
| Guest entertainment and internet streaming platform (Note 5) | $7,920 | $16,125 |
| Initial trainings fees (Note 6) | $3,500 | $3,500 |
| Initial trainings -- travel, lodging, meals expenses | $1,500 | $4,000 |
| Construction, remodeling, leasehold improvements, and decorating costs | $50,000 | $2,500,000 |
| Inventory to begin operating | $2,000 | $10,000 |
| Security deposits, utility deposits, business licenses, and other prepaid expenses (Note 8) | $5,000 | $20,000 |
| Office equipment and supplies | $500 | $3,000 |
| Furnishings (soft goods, and refresh of furniture, fixtures, and equipment) | $10,000 | $150,000 |
| Other computer hardware, software, and point of sale systems (Note 9) | $7,650 | $7,650 |
| Grand opening advertising | $5,000 | $15,000 |
| Signage | $20,000 | $75,000 |
| Organizational expenses | $5,000 | $25,000 |
| Permits, licenses and other governmental fees (Note 10) | N/A | N/A |
| Insurance – 3 months (Note 11) | $18,000 | $30,000 |
| Professional fees (Note 12) | $10,000 | $125,000 |
| Set-Up Costs (Note 13) | $2,000 | $6,000 |
| Uniforms | $3,000 | $6,000 |
| Lender Comfort Letter Processing Fee (if applicable – if not, then zero) | $0 | $3,500 |
| Hotel Additional Funds and Prepaid Expenses during the initial phase (first 3 months after opening) (Note 14) | $50,000 | $250,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $500 per guest room, but in no event less than a minimum fee of $60,000 |
| Renewal Fee | $50,000 |
| Technology Fee | Currently none. Franchisor may charge up to 1% of GRR, amount to be set by 30 days’ prior written notice. |
| Audit Fee | approximately $4,500 |
| Royalty in case of Casualty | 5% of GRR based on average GRR for preceding 12 months. |
| Property Management System | approximately $5.50 per room per month; PMS support $1 per room per month; IoT device support fee $30 per quarter. |
| Other ongoing software costs and support services | Fees will vary based on third-party vendor prices. Franchisor may add a reasonable administrative fee up to $500 per month (currently $250 per month) per Hotel. |
| Revenue Management System (RMS) from Flyr, Inc. | $5 per room per month |
| CRS, booking engine and channel management and Customer Relationship Management (CRM) coordinated systems from Amadeus iHotelier | $1,498 per month |
| Rate 360 service | $234 per month |
| Guest Assistance Program / Customer Satisfaction Fee | $150 handling fee per guest complaint / case managed by Landingplace Hotels corporate support team. Additional costs (e.g., refunds, complimentary stays, or rewards points) are also the responsibility of the Franchisee. |
| Brand Non-Compliance Fee | $75 per approved guest room (increases to $100 for second consecutive unacceptable grade). Capped at $25,000 per property per 6-months. |
| Brand Non-Compliance Re-Evaluation Fee | $3,500 |
| Brand Non-Compliance Re-Evaluation Fee – Special Audit | $5,000 |
| Guest Experience Score Fee and Social Review Score Fee | $150 per guest room / suite |
| Enhanced Service & Quality Improvement Program | $15,000 - $25,000 for each 6-month period |
| “Red zone” training fees | $1,500 per day for onsite trainings; $500 per day for virtual trainings |
| Annual refresher / continuing trainings (General Manager) | $1,000 |
| Annual refresher / continuing trainings (Director of Sales) | $1,000 |
| Annual revenue management refresher / continuing training (Director of Sales) | $750 |
| Local Marketing Programs | Varies depending on actual cost |
| Guest Rewards & Loyalty Program | Not to exceed 8% of full folio revenue for qualified direct consumed reservations |
| Centralized Payment Programs (Third-Party Reservation Charges) | as determined by program vendor |
| Permitted Transfer Processing Fee | $5,500 |
| Re-licensing Application Fee | $50,000 |
| Public Offering or Private Placement Processing Fee | $5,000 |
| Consultation and service fees | Rates are set by us (Franchisor) at our then-current rates on a project-by-project basis. |
| U.S. Government Travel Agency Programs | Payment amounts will vary depending on changes in U.S. government and military travel programs and policies. |
| Travel agent commissions | 10% minimum commission on Gross Rooms Revenue. |
| Voice reservations service | Up to 9% per net booking |
| Tax on sales / gross receipts, or similar taxes | Reimburse Franchisor’s actual costs, if any. |
| Guest entertainment, streaming, local guide platform | $6 to $10 per room per month |
| Capital Reserve | Up to 3% of Gross Revenue |
| Standard Fee for Room Additions | Franchisor’s then-current PIP Fee, and renovation of the Hotel. |
| Public Offering or Private Placement Processing Expenses | Reimbursement of Franchisor’s attorney fees in connection with its review of prospectus. |
| Merchandising purchases | Will vary, expected to be minimal in scope and frequency |
| Interest / late charges | 1.5% monthly (18% annualized). |
| Relocation reimbursement | Reimburse Franchisor for any reasonable costs |
| Indemnification | Varies |
| Liquidated damages payment | 5.5%, multiplied by 3 times the Gross Rooms Revenue (GRR) of preceding 12 months (or adjusted). |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | Training programs can range from a few hours (if online) to a 3-day period. |
| Classroom Training | 8 hours for General Manager (GM) Certification, 8 hours for Director of Sales (DOS) Certification, 8 hours for New Owner Orientation. |
| On-the-Job Training | 0 hours for all listed trainings. |
| Training Location | Virtual (on-site optional) for GM and DOS. Home office or other defined location (group) for New Owner Orientation. |
| Additional Training | Required initial training includes: New Owner Orientation (certification training) for Principal Correspondent and one Management Company representative; General Manager certification training; Director of Sales certification training; Guest Service Manager certification training; Executive Housekeeper certification training; and, Chief Engineer certification training. Annual refresher trainings for GM ($1,000), DOS ($1,000), and Revenue Management ($750). "Red zone" training fees apply for at-risk hotels ($1,500/day onsite, $500/day virtual). |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Limited grant of an area of protection |
| Exclusive Territory | No |
| Territory Size | The boundaries will vary in size and shape from hotel to hotel. Boundaries are not delineated according to any standard formula, but may be delineated in various ways, including references to cities, metropolitan areas, counties or other political subdivisions, references to streets or highways, or references to an area encompassed within a radius of specified distance from the front door of the Hotel. |
| Description | Franchisor will provide a limited grant of an area of protection around that location (the “Area of Protection”), stated in Exhibit B to your Franchise Agreement, in which another Landingplace Suites hotel will not be franchised. Exceptions apply for existing hotels, hotels operating under other brands, or hotels acquired through certain transactions. Franchisor reserves the right to market and accept reservations via third-party platforms even within the Area of Protection. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 20 years |
| Renewal Term | One 10-year renewal term |
| Renewal Fee | $50,000 |
| Renewal Conditions | Sign a successor franchise agreement on our then-current form. Compliance with franchise agreement throughout its term and at end of its term. Renovate, at your expense, your Hotel to meet our then-current standards. Attend and complete our then-current trainings if we request. Evidence to us that you will be able to renew the lease for your Hotel on terms acceptable to us, or lease a substitute location accepted to us. You and your owners sign a general release in favor of the Franchisor and its affiliates. You follow the procedures, including notice to us in the timeframes stated, to apply for a successor term and to sign the franchise agreement we furnish to you. |
| Transfer Fee | $500 per guest room, but in no event less than a minimum fee of $60,000 |
| Transfer Conditions | The prospective new owner of the Hotel or Franchisee must submit an application and all fees to keep the Hotel in the Brand System. Franchisor will evaluate the new owner’s application using then-current procedures and criteria such as credit, operational abilities, market feasibility, prior business dealings and other factors it considers relevant. If Franchisor approves the new owner, Franchisor will require upgrading, signing of a Franchise Agreement using the then-current form of Franchise Agreement and the execution of a Guaranty by the new owners. You must pay Franchisor a non-refundable transfer fee ($500 per guest room, but not less than $60,000) for any transfer of control of your business, or $5,500 if a permitted transfer that is not a change of control of your business. You must also pay a $5,000 processing fee to Franchisor before public offering, private placement or other sale of securities. |
| Termination for Cause | Franchisor may terminate with cause. You pay liquidated damages if Franchisor terminates due to your breach. Termination may occur for failure to perform the “Work” detailed in Exhibit D to the Franchise Agreement, among other defaults, or other breaches listed in FA 19.2, 19.4. |
| Non-Compete Period | during the term of the license |
| Non-Compete Details | Management company must not be involved with a competitor, meaning an extended stay lodging business (unless operated as a hotel of an affiliate brand of Franchisor), within your Hotel’s Area of Protection. No part of the Hotel may be used to promote a competing business. Your transferee must not be a competitor. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | No |
| Participation Details | Franchisor does not require that you participate personally in the direct operation of the Hotel. Rather, Franchisor requires you to hire a duly qualified and experienced Management Company acceptable to Franchisor, which must successfully complete our training program. Franchisee must retain control over the Hotel’s business at all times unless otherwise approved by Franchisor. Franchisee must specify a shareholder, member, partner responsible for communicating with Franchisor and overseeing operations, who must complete new owner training. |
| Required Suppliers | Franchisee must use pre-approved goods and services, including core amenities, optional housekeeping, laundry facilities, sundry shops, and other on-property services. Specific designated suppliers for channel manager, central reservation system (Amadeus), revenue management system (Flyr, Inc.), property management system (Hotel Key), credit card processors (Chase Payment Tech, FortisPay, Elavon), and approved signage vendors (Colite, Persona Tiangle, Jones Sign Company). |
| Supply Restrictions | Franchisee may only offer pre-approved goods/services. Prohibited services include gaming, casino operations, adult entertainment, bars, lounges, or other non-aligned services without prior written approval. Shared facility use with other brands is not permitted unless authorized. Use of hotel property for unauthorized purposes (long-term residential leases, transitional housing, shelter-type arrangements) is strictly prohibited. Franchisee may not enter block-lease or master lease arrangements with third-party housing operators without Franchisor approval. |
| Franchisor Revenue from Suppliers | less than 1.0% |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Franchisor does not offer any formal program for direct or indirect financing. Franchisor or its affiliate may, on a case-by-case basis, furnish loans or make equity investment into a franchisee if requested, under terms and conditions that would be negotiated on a case-by-case basis with the prospective franchisee. Any decision to make a loan or make an equity investment would be made in the business judgment of Franchisor or its affiliate alone. There are no set terms regarding what a Franchisor loan or investment (if any) would cover; whether the lender/investor would be Franchisor or an affiliate; the amount of financing offered; the rate of interest or finance charges; the number or period of repayments; the nature of any security interest required; whether a person other than the franchisee would be required to personally guarantee the debt; whether prepayment is permitted / any associated penalty; and what the franchisee potential liabilities upon default would be. |
Landingplace Suites Franchise Earnings — Item 19
Landingplace Suites does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Landingplace Suites Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Landingplace Suites System Growth
Landingplace Suites currently operates 0 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 16 states: CA, CT, HI, IL, IN, MD, MI, MN, NY, ND, RI, SC, SD, VA, WA, WI
Franchisor Financials (Item 21)
Audited by Metwally CPA PLLC for year ending December 31.
Landingplace Suites Franchise — FAQ
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