WoodSpring Suites by Choice Hotels
Hospitality · Hotels & Extended Stay
- Active units
- 256
- Avg unit volume
- $2.2M
- Royalty
- 6.0%
Franchised, year-end 2024
of weekly Net Sales
About WoodSpring Suites by Choice Hotels
Detailed brand overview is not available yet for this profile.
Key terms
- Franchise fee
$50k
- Incentive Program (for underrepresented owners and veterans)
$2,500 per room, up to $175,000, via a 10‑year forgivable note; or 50% of that amount on a 5‑year note
- Affiliation Fee Financing
Franchisor may finance the affiliation fee without interest via a short‑term promissory note, generally due within 3 months
- Brand fund
2.5% of Net Sales
- Master Development Agreement Rights Deposit
$50k
- Veteran discount
50.0% off franchise fee — 50% discount on the affiliation fee for a re-licensing if you qualify for the Incentive Program (includes veterans under VetFran)
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 locations—
Franchised units open at year-end
- New openings—
Gross new units opened during the calendar year
- 1-year unit growth rate—
Net unit growth versus prior year
- 3-year unit CAGR—
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio—
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$2.2M
Average total revenue for 158 stabilized franchised properties open the full 2024 year.
- 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 rate3.2%
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$10.8M
Midpoint of estimated initial investment range
↓ Lower is better - Time to open9 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate6.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio0.2×
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
Create your free Glidepath account to access full brand information.
Location footprint
Showing 285 of 824 mapped locations
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.