2020
20
$7,000,000
$40,000
$10,000,000
No
Everhome Suites by Choice Hotels is redefining the extended-stay hotel experience with a fresh, flexible, and efficient approach that appeals to today’s long-term travelers and business guests. As one of the newest concepts under the renowned Choice Hotels umbrella, Everhome Suites is built for modern guests who need more than just a place to sleep—they need a place to live, work, and feel at home. With thoughtfully designed suites that feature in-room kitchens, dedicated workspaces, and community amenities, Everhome Suites is positioned to meet the growing demand for extended-stay lodging across the U.S.
For investors, this franchise offers the credibility, operational strength, and proven systems of Choice Hotels, one of the most respected hospitality franchisors in the world. The brand’s flexible design, efficient build model, and focus on maximizing revenue per available room (RevPAR) make it an attractive investment in the booming midscale extended-stay segment.
Investing in an Everhome Suites franchise means partnering with a hospitality giant that understands long-term traveler needs and industry evolution. Choice Hotels has identified the extended-stay category as one of the most resilient and profitable segments in hospitality.
Key reasons to invest include:
Booming Extended-Stay Market: This category has outperformed other lodging sectors, especially during economic fluctuations.
Strong Brand Recognition: Backed by Choice Hotels, a trusted name with over 7,000 properties worldwide.
Operational Efficiency: Streamlined operations reduce labor and overhead costs while maintaining guest satisfaction.
Modern Design and High Guest Retention: Long-term guests prefer the apartment-style layout and flexible pricing options.
High ROI Potential: Everhome Suites is designed for cost efficiency, high occupancy, and strong profitability margins.
Established Year: 2020
Parent Company: Choice Hotels International, Inc.
Headquarters: Rockville, Maryland, USA
Industry Category: Hospitality – Extended Stay Hotels
Franchise Units (as of 2025): 10 open locations, 20+ under construction, 65+ in the development pipeline across the United States
Everhome Suites was launched in 2020 as a modern response to the growing demand for flexible, comfortable, and affordable extended-stay lodging. Developed by Choice Hotels International, one of the world’s largest and most trusted hotel franchisors, the brand was strategically positioned in the midscale extended-stay segment—a category showing record-breaking performance and resilience through various market cycles.
The brand’s concept was designed around long-term guest comfort, offering spacious suites equipped with kitchenettes, multipurpose work areas, and on-site amenities that make extended stays feel like home. Each property is designed with a balance of modern design, operational efficiency, and profitability, allowing owners to maximize occupancy while keeping overhead low.
Everhome Suites is part of the Choice Hotels family, which operates iconic brands like Comfort Inn, Quality Inn, Sleep Inn, and Cambria Hotels. This powerful association gives franchisees access to Choice’s massive infrastructure—spanning digital marketing, reservation systems, and the award-winning Choice Privileges® loyalty program with millions of members worldwide.
Since its inception, the brand has seen rapid adoption from developers and investors across the U.S., with strong pipelines in key states like Texas, California, Florida, North Carolina, and Arizona. Its adaptable prototype, designed for scalability and efficiency, reduces construction costs and accelerates the opening timeline—making it an attractive investment for those seeking stability and long-term returns in the hotel industry.
Choice Hotels provides extensive training and support to ensure each franchisee succeeds from day one.
Pre-Launch Support:
Site selection guidance and market analysis
Assistance with architectural design and construction planning
Access to vendor relationships and project management resources
Operational Support:
Standard operating procedures for hotel management and guest services
Proprietary property management and revenue optimization systems
National purchasing programs to reduce costs on supplies and equipment
Marketing & Branding:
National marketing campaigns under the Choice Hotels umbrella
Access to Choice Privileges®, a loyalty program with millions of active members
Online visibility through ChoiceHotels.com and partner platforms
Ongoing Support:
Regular franchise performance reviews and revenue management guidance
Training workshops for management and staff
Continuous innovation updates, technology tools, and marketing resources
The Everhome Suites franchise is best suited for entrepreneurs, hoteliers, and real estate investors who are driven, business-minded, and committed to building a long-term, asset-backed venture in the thriving extended-stay hotel market. This opportunity appeals to those who understand the growing traveler demand for flexible, home-like accommodations and want to operate under the strength and credibility of Choice Hotels International.
Everhome Suites seeks investors who combine strategic thinking, operational discipline, and hospitality passion. Ideal candidates include:
Existing Hotel Owners & Developers: Those already owning or operating properties who want to diversify their portfolio with a high-performing, extended-stay brand backed by one of the largest hotel companies in the world.
Real Estate Investors: Individuals or firms looking to invest in long-term, stable assets with steady cash flow potential and appreciation value.
Multi-Unit Franchise Operators: Experienced business owners who have managed franchises in hospitality, retail, or service industries and want to expand into a scalable lodging model.
Corporate Professionals & Entrepreneurs: Investors seeking semi-absentee ownership in a brand with operational efficiency, proven systems, and high guest retention.
A strong entrepreneurial mindset with an eye for quality and guest satisfaction
Solid financial capacity, including liquidity for construction and operational funding
Leadership and management skills to oversee staff and maintain brand standards
A commitment to long-term growth, not short-term gains
A passion for hospitality, real estate, and community-driven business development
Investment Capability: Minimum investment of around $7 million with access to financing
Preferred Markets: Growing suburban areas, secondary cities, and business hubs with extended-stay demand—particularly in regions like Texas, Florida, Arizona, North Carolina, and California
Scalability: Choice Hotels encourages multi-unit development for investors looking to build regional portfolios under the Everhome Suites banner
Everhome Suites is designed to make ownership efficient and rewarding. The limited staff model, standardized design, and cost-effective construction enable franchisees to maintain strong profit margins while offering guests a comfortable, consistent experience.
Franchisees also gain access to:
The Choice Hotels reservation system, generating millions of bookings annually
The Choice Privileges® loyalty program, ensuring repeat business
Comprehensive marketing, operations, and training support from an experienced corporate team
The Everhome Suites franchise offers a well-structured investment model tailored to attract serious investors and developers seeking a strong return within the growing extended-stay hotel category. Below is a comprehensive breakdown of the financial requirements and potential returns associated with owning an Everhome Suites franchise in the USA.
| Category | Estimated Cost / Details | Notes |
|---|---|---|
| Total Initial Investment | $7,000,000 – $10,000,000 | Includes land, construction, FF&E (Furniture, Fixtures & Equipment), signage, and startup working capital. |
| Minimum Net Worth Required | $10,000,000 | Recommended by Choice Hotels for franchise approval. |
| Minimum Liquid Capital | $2,000,000 – $3,000,000 | To fund pre-opening expenses and initial operations. |
| Franchise Fee | $40,000 – $50,000 | One-time fee paid upon signing the franchise agreement. |
| Royalty Fee | 5% of gross room revenue | Paid monthly to Choice Hotels. |
| Marketing / Advertising Fee | 2% of gross room revenue | Contributes to national marketing and brand awareness. |
| Training Fee | Included in franchise package | Covers management and staff training before opening. |
| Construction & Infrastructure Cost | $6,500,000 – $9,000,000 | Based on property size, market location, and prototype model. |
| Working Capital Requirement | $250,000 – $500,000 | To cover operational expenses for the first 3–6 months. |
| Reservation System Fee | Included in Choice Hotels system | Access to proprietary booking and PMS tools. |
| Technology & Setup Fees | $25,000 – $50,000 | For software integration, website, and POS setup. |
| Estimated Annual Revenue (per property) | $1.5M – $2.5M | Varies by market, location, and occupancy rates. |
| Average Occupancy Rate | 70% – 80% | Based on extended-stay segment performance. |
| Expected ROI | 12% – 20% annually | Dependent on occupancy and operational efficiency. |
| Break-Even Point | 3 – 5 years | Typically achieved after stabilized occupancy. |
| Revenue Streams | Room rentals, extended-stay contracts, vending, laundry, and local business partnerships | Designed for consistent, diversified income. |
