TownePlace Suites by Marriott

$TSMWF500 #161
CategoryLodging
SubcategoryLodging
Locations571
Franchisee Count542
Franchise Fee$75,000
Item 7 Low$13,054,800
Item 7 Midpoint$21,434,150
Item 7 High$29,813,500
Royalty Fees5.5% of gross room sales
Ad / Brand Fund2%
Sold Not Open497
ParentMarriott International, Inc.
Founded2012
Completeness34/34 (100%)
Years in Business29
Began Franchising1996
HQBethesda, MD
Executives36
LinksWeb
Main Phone(301) 380-3000
FDD IssuedMarch 31, 2026
Last UpdatedAug 15, 2026
FDDs2026 · 2025 🔒
Franchisor

TownePlace Suites by Marriott hotels are extended-stay hotels designed to offer high-quality accommodations and related services to the traveling public, featuring studio, one-bedroom, and two-bedroom suites with fully equipped kitchens and living areas.

Franchisees must implement property management, reservation, yield management, and opportunity management systems, with costs ranging from $67,000 to $124,000 for new systems. Transitioning to new systems incurs additional costs of approximately $5,840 to $12,205 per hotel.

TownePlace Suites by Marriott hotels are extended-stay hotels designed to offer high-quality accommodations and related services to the traveling public, featuring studio, one-bedroom, and two-bedroom suites with fully equipped kitchens and living areas.

Read TownePlace Suites by Marriott’s complete March 31, 2026 Franchise Disclosure Document — plus 1 prior year on file. Founder level — $19/mo — also unlocks Item 19 revenue, financial strength and unit trajectory across all 3,860 brands on FranDeals.

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