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WoodSpring Suites (Choice Hotels) franchise: cost, fees & unit track record

Lodging & LeisureFDD entity year 1997

No veteran incentive on file (as of 2026-05) — none documented in the sources we can check, which is not proof the brand offers none. Ask the brand directly, or see brands with documented veteran incentives.

Visit WoodSpring Suites (Choice Hotels)'s franchise page — the franchisor's own site, where questions we can't answer (like territory availability) belong.

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) franchise costs and fees

The WoodSpring Suites (Choice Hotels) all-in cost ledger
Verification markCost itemRange
Source-cited figureInitial franchise feeOne-time, paid to the franchisor at signing$50,000 to $60,000
Source-cited figureInitial investment (all-in)FDD Item 7-derived range: build-out, equipment, opening costs$8,461,190 to $11,236,342
Source-cited figureNet worth requiredFranchisor's stated qualification minimum$3,000,000
Source-cited figureLiquid cash requiredFranchisor's stated qualification minimum$1,000,000
Footed totalCash to open (all-in range)$8,461,190 to $11,236,342
as of 2026-05 · Source: franchise disclosure filings (FDD-derived dataset)Tickmark legend: how we verify
Ongoing fees and term
RoyaltyOngoing, % of sales5%
Ad fundOngoing, % of salesUp to 3%
Initial termLength of the first franchise agreement20 years
as of 2026-05 · Source: franchise disclosure filingsHow we check these figures

See the full WoodSpring Suites (Choice Hotels) cost breakdown — what's in that number and what isn't

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

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How WoodSpring Suites (Choice Hotels)'s units have held up

Openings and closures from FDD Item 20-style unit history, 2012–2020: began the window at 131 units; 192 units opened, 3 closed, ending at 293 units. (partial records: 2014, 2018 are not in the source data — totals span the reported years only.)

192 units opened and 3 closed between 2012 and 2020.2012: 4 opened2013: 7 opened2015: 5 opened2016: 87 opened2017: 42 opened2019: 22 opened2019: 1 closed2020: 25 opened2020: 2 closed
98.3%
of units at risk 2017–2020 did not close
Openings above the line in ink; closures below it in red. WoodSpring Suites (Choice Hotels) began the window at 131 units. Note — partial records: 2014, 2018 are not in the source data — totals span the reported years only. 192 units opened and 3 closed between 2012 and 2020.How we compute this

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.

How to read the earnings evidence: how much do franchise owners make?

What this data can't tell you

Everything on this page comes from disclosure filings — fees, ranges, and unit counts. Four questions that matter just as much are not in any filing we can source, so we say so instead of guessing:

The hours and the labor
No dataset field says whether WoodSpring Suites (Choice Hotels) is a manage-from-a-laptop business or a 60-hour week in disguise. Item 15 of the FDD states whether you're obligated to run the business personally, and Item 11 lists what the franchisor actually does for you — then ask current owners what their week looks like (validation calls), not the sales team.
How hands-on the ownership really is
"Semi-absentee" is a pitch, not a filing field. Treat any hands-off claim as unverified until it's consistent with Item 15 and with what multiple current franchisees tell you — what absentee ownership actually means.
Your territory — whether it's protected, and whether it's open
Two territory questions sit outside our data. Whether WoodSpring Suites (Choice Hotels) grants a protected or exclusive area is set in Item 12 of the FDD and varies brand to brand — some grant none, and the carve-outs (online sales, national accounts) matter as much as the map. And filing data can't say what's open in your market this month; only WoodSpring Suites (Choice Hotels) can confirm current availability. Ask both before you inquire, and get the answer in writing.
What owners earn
Covered honestly above: our dataset has no earnings fields, the only primary source is the brand's own Item 19, and here is how to read that evidence.

About the WoodSpring Suites (Choice Hotels) franchise

WoodSpring Suites (Choice Hotels) is a lodging & leisure franchisor with 293 units at the end of 2020 (FDD Item 20-style unit history). Between 2012 and 2020, it began the window at 131 units; its filings record 192 unit openings and 3 closures, ending at 293 units (partial records: 2014, 2018 are not in the source data — totals span the reported years only). Its parent company is WoodSpring Suites LLC.

No franchise-related lawsuits reported in the disclosure data we hold (FDD Item 3, as of 2026-05) — an absence in our sources, not a guarantee; confirm against the brand's current FDD.

From the franchisor's materials

Choice Hotels International, Inc. ("Choice") will grant an approved Franchisee a franchise to operate a WoodSpring Suites property, which offers customers the value of a furnished room with kitchen facilities, together with terms and conditions, services and amenities associated with extended-stay hotels, including easy check-in, one-week stays, and periodic housekeeping. Some franchisees may be awarded aMaster Development Agreement, which will allow them to develop multiple Properties over a period of time in an agreed upon territory.

Excerpted from WoodSpring Suites (Choice Hotels)'s own marketing materials — the brand's voice, not ours, and not checked by us (earnings and return claims removed).

WoodSpring Suites (Choice Hotels) franchise: quick answers

How much does a WoodSpring Suites (Choice Hotels) franchise cost?
$8,461,190 – $11,236,342 all-in to open, per WoodSpring Suites (Choice Hotels)'s franchise disclosure filings (data as of 2026-05).
How many WoodSpring Suites (Choice Hotels) units are there?
293 units at the end of 2020 (FDD Item 20-style unit history).
How have WoodSpring Suites (Choice Hotels)'s units held up?
98.3% of units at risk between 2017 and 2020 did not close, per our metric recomputed from FDD Item 20-style unit history (methodology published on our verification page).