Le Meridien
Hospitality · Hotels & Extended Stay
- Active units
- 24
- Royalty
- 5.0%
Franchised, year-end 2023
of weekly Net Sales
About Le Meridien
Le Meridien Chambers is a dedicated brand focused on bringing you the best in home decor. Our platform was created by a small group of friends who share a passion for creating beautiful, comfortable living spaces. We provide inspiration, tips, and tutorials to empower our readers to design spaces they love, one at a time.
Our blog features a diverse range of topics, including holiday decorating, home basics, kitchen & bath, outdoor living, and more. We collaborate with talented designers, DIY experts, and industry professionals to bring you fresh ideas and innovations in home decor.
As our brand evolves, we are committed to staying at the forefront of the industry, exploring the latest trends, and launching workshops and webinars to foster creativity within our community. We are dedicated to building strong connections with our readers and industry partners, while also supporting charitable initiatives to make a positive impact in the home decor community. Join us on this exciting journey of creativity and inspiration!
Key terms
- Franchise fee
$100k
- Program for women, Black, Latino/Hispanic, and First Nations/Native American franchisees
Discounted application fee of $10,000; key money of $3,500 per guestroom; six 1% reductions to the gross room sales component of the franchise fee (each for 12 months) if conditions are met
- Brand fund
2.0% of Net Sales
- Footprint
162,000 – 198,000 sq ft
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2025 filing); filings on file: 2024, 2025.
Growth
- Total locations24
Franchised units open at year-end
- New openings1
Gross new units opened during the calendar year
- 1-year unit growth rate0.0%
Net unit growth versus prior year
- 3-year unit CAGR2.2%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio1.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$111.3M
Midpoint of estimated initial investment range
↓ Lower is better - Time to open21 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate5.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.