Candlewood Suites Franchise
Candlewood Suites is a trusted extended-stay hotel brand that has been providing a home-away-from-home experience for over 25 years.
$3,000,000
$50,000
384
1996
Atlanta,GA
Elie W. Maalouf
About Candlewood Suites
Candlewood Suites is a trusted extended-stay hotel brand that has been providing a home-away-from-home experience for over 25 years. Designed for guests on longer-term professional engagements, Candlewood Suites offers spacious suites with fully equipped kitchens, self-service amenities like free laundry, and thoughtful touches such as backyard gazebos and grills. With over 400 open hotels worldwide and a growing pipeline, Candlewood Suites is a leader in the extended-stay market, delivering exceptional value for both guests and owners.
Franchise Unit Trends & Revenue
384
14
$3,376,542
* in 2024
Franchise Fees
$50,000
5.5%
Gross Suites Revenues
2.5%
Gross Suites Revenues
Why Choose Candlewood Suites?
Candlewood Suites offers a compelling investment opportunity with a flexible design prototype that accelerates construction and meets evolving guest demands. The brand’s extended-stay operating model drives profitability by attracting long-term guests, reducing labor costs, and increasing occupancy rates. Owners also benefit from IHG’s powerful systems, global scale, and the IHG One Rewards loyalty program. With a proven track record of success and a loyal customer base, Candlewood Suites is a resilient and profitable choice for investors.
Starting Costs & Investment Requirements
$14,169,501 - $21,400,950
-
$3,000,000
Training & Support
Candlewood Suites is dedicated to the success of its franchisees, offering comprehensive training and ongoing support. From site selection and design to marketing and operations, the IHG team provides expert guidance every step of the way. Franchisees benefit from access to IHG’s powerful systems and technology, as well as a global network of resources and support. With a focus on delivering exceptional guest experiences and maximizing returns, Candlewood Suites ensures that franchisees have the tools and knowledge needed to thrive in the competitive hospitality industry.
History
Since its inception over 25 years ago, Candlewood Suites has been redefining the extended-stay experience with a focus on comfort, convenience, and value. The brand has grown to over 400 open hotels worldwide, with a strong presence in key markets and a robust pipeline of new developments. Candlewood Suites has consistently delivered high guest satisfaction scores, earning a reputation as a trusted choice for travelers seeking long-term accommodations. With a commitment to innovation and excellence, Candlewood Suites continues to set the standard for extended-stay hospitality.
Ideal Candidate
Candlewood Suites is seeking passionate and dedicated investors who are ready to bring the brand’s vision to life in their markets. Ideal candidates should have a strong entrepreneurial spirit, a commitment to operational excellence, and the financial resources to invest in a premium hotel brand. Whether you’re an experienced hotel operator or a first-time investor, Candlewood Suites provides the tools and support needed to succeed. If you’re ready to join a globally recognized brand with a focus on guest satisfaction and profitability, Candlewood Suites is the perfect fit.
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