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We believe the MainStay Suites franchise is the industry’s first franchised mid-market, extended-stay hotel with residential amenities. We provide a residential feel and value-added amenities for the special needs of long term stays at a reasonable cost. MainStay Suites is positioned to maximize the return on investment because the extended-stay segment experiences occupancy premiums and the new, value-engineered prototype delivers a very low per room cost.
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We know the Suburban franchise is a high quality, high performing and well positioned brand that already has a strong reputation among consumers. Complimenting our midscale extended-stay brand, MainStay suites, it enables us to drive growth in a new segment that does not directly complete with any of our current brand/properties.
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At the Accor North America franchise we now represent over 10% of the budget lodging segment in the US. Our brands enjoy some of the highest brand loyalty and advertising awareness ratings in the country.
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We believe The Choice Hotels Canada franchise is the country’s largest lodging franchisor with over 275 hotels open and under development, totaling 23,000 rooms. Worldwide, there are almost 5,000 Choice hotels open and under development in over 40 countries totalling almost 400,000 rooms. With seven distinct brands to choose from, Choice Hotels Canada has a perfect match for every franchisee.
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