How much is a WoodSpring Suites (Choice Hotels) franchise? $8,461,190 – $11,236,342 to open, per its disclosure filings
$8,461,190 – $11,236,342
Opening a WoodSpring Suites (Choice Hotels) franchise takes $8,461,190 – $11,236,342 all-in, per its franchise disclosure filings (data as of 2026-05). The initial franchise fee is $50,000 – $60,000. Ongoing, franchisees pay a royalty of 5% on sales plus an ad-fund contribution of up to 3%. To qualify, WoodSpring Suites (Choice Hotels) asks for $1,000,000 in liquid cash and a $3,000,000 net worth. Anything the filings do not state is marked "Not disclosed" below — never estimated.
WoodSpring Suites (Choice Hotels) cost table
| Verification mark | Cost item | Low | High | Range |
|---|---|---|---|---|
| Initial franchise feeOne-time, paid to the franchisor at signing | $50,000 | $60,000 | $50,000 to $60,000 | |
| Initial investment (all-in)FDD Item 7-derived range: build-out, equipment, opening costs | $8,461,190 | $11,236,342 | $8,461,190 to $11,236,342 | |
| Net worth requiredFranchisor's stated qualification minimum | $3,000,000 | $3,000,000 | $3,000,000 | |
| Liquid cash requiredFranchisor's stated qualification minimum | $1,000,000 | $1,000,000 | $1,000,000 | |
| Cash to open (all-in range) | $8,461,190 | $11,236,342 | $8,461,190 to $11,236,342 |
| RoyaltyOngoing, % of sales | 5% |
|---|---|
| Ad fundOngoing, % of sales | Up to 3% |
| Initial termLength of the first franchise agreement | 20 years |
What's in that number — and what isn't
The $8,461,190 – $11,236,342 range is derived from WoodSpring Suites (Choice Hotels)'s filed initial-investment disclosure (FDD Item 7 class): build-out, equipment, and opening costs as the franchisor stated them. Your market's real estate, labor, and build-out prices can land you outside it.
Not in the opening number: the ongoing royalty of 5% on sales, the ad-fund contribution of up to 3%, and your operating losses while the unit ramps. Every figure marked "Not disclosed" above is a gap in the filings, not a zero.
How WoodSpring Suites (Choice Hotels)'s cost compares
A dollar figure means more with a yardstick. Here is where WoodSpring Suites (Choice Hotels)'s disclosed cost sits against the Lodging & Leisure category:
- Minimum startup cost of $8,461,190 — about 1.4× the Lodging & Leisure median of $6,130,275.
- Initial franchise fee of $50,000 — about 21% below the Lodging & Leisure median of $63,600.
Category medians are computed from the Lodging & Leisure brands in our data that disclosed each figure — a benchmark for scale, not a quality judgment. See all Lodging & Leisure franchises
What about earnings?
We don't publish per-brand earnings figures — for WoodSpring Suites (Choice Hotels) or anyone else. The only primary source is Item 19 of the brand's own franchise disclosure document (FDD), and no law requires a franchisor to publish one, so the "average owner income" numbers circulating elsewhere are usually unsourced or survivorship-biased. Ask WoodSpring Suites (Choice Hotels) for its current FDD and read Item 19 yourself — and if there is no Item 19, that silence is information too.
What is the WoodSpring Suites (Choice Hotels) franchise fee?
$50,000 – $60,000, one-time, per disclosure filings as of 2026-05.
What ongoing fees does WoodSpring Suites (Choice Hotels) charge?
A royalty of 5% on sales plus an ad-fund contribution of up to 3%, per disclosure filings as of 2026-05.
How much money do you need to qualify for a WoodSpring Suites (Choice Hotels) franchise?
WoodSpring Suites (Choice Hotels)'s filings ask for $1,000,000 in liquid cash and a $3,000,000 minimum net worth (as of 2026-05). Capital figures are the franchisor's stated minimums, not our advice.