Sonesta ES Suites logo

Sonesta ES Suites Franchise

Audited Financials
HospitalityEst. 1986Newton, MA
www.sonesta.com
Financing Available

Risk Score

Pending analysis

Investment Range

$971,701 - $19,080,007

Franchise Fee

$45,000

Total US Locations

78

Business Summary

Sonesta ES Suites operates upscale extended stay hotels, granting franchisees the rights to operate under the Sonesta ES Suites brand and its established business formats, methods, and proprietary marks. These hotels offer high-quality lodging services and are supported by a comprehensive franchise system.

Corporate History

Sonesta RL Hotels Franchising Inc. was originally formed in Washington as Vance Hotels, Inc. in 1986. It later changed its name to Red Lion Hotels Franchising, Inc. in 2005 and then to Sonesta RL Hotels Franchising Inc. in 2021. Both Sonesta RL Hotels Franchising Inc. and its parent, Red Lion Hotels Corporation (RLHC), have been active in hotel ownership and management since their respective incorporations in 1986 and 1978. Sonesta RL Hotels Franchising Inc. expanded its brand portfolio through several acquisitions, including GuestHouse International LLC in 2015, Vantage Hospitality Group, Inc. in 2016, and the Knights Inn brand in 2018. In 2021, RLHC merged with Sonesta International Hotels Corporation, becoming a wholly-owned subsidiary of Sonesta. An affiliate, Sonesta NYC LLC, acquired The James hotel brand in 2022. Sonesta RL Hotels Franchising Inc. began offering franchises under the Sonesta ES Suites Marks in September 2021.

Financial Overview

Investment Range

$971,701 - $19,080,007

Franchise Fee (Low)

$45,000

Franchise Fee (High)

$65,000

Royalty %

5%

Marketing %

3.5%

Equipment Costs (Low)

$217,350

Equipment Costs (High)

$3,519,000

Working Capital

$477,095

Audited Financials

Yes

Offers Financing

Yes

Audit Opinion

Unqualified opinion

Financial Health Notes

Red Lion Hotels Corporation's financial statements show some fluctuations in profitability, with net losses in 2022 and 2024, and negative cash flow from operating activities in 2023 and 2024. While the auditors have issued an unqualified opinion without a going concern qualification, the company does rely on its parent company, Sonesta International Hotels Corporation, for centralized cash management and has the ability to seek additional funds from Sonesta if needed. The company reported healthy working capital with current assets exceeding current liabilities in both 2023 and 2024.

Financing Details

Sonesta RL Hotels Franchising Inc. offers a development incentive program as a financial contribution to assist with hotel development or conversion. This incentive typically ranges between $5,000 and $8,500 per Guest Room. The amount does not need to be repaid unless the Franchise Agreement is terminated early or a transfer occurs. The repayable amount is reduced annually over the term of the agreement. If the incentive becomes repayable and payment is not made on time, it accrues interest at 18% per annum or the highest legal rate. The franchisor does not offer other direct or indirect financing arrangements or guarantee any franchisee obligations.

Performance Metrics

Total US Locations

78

Franchised Units

25

Corporate Units

53

Avg Square Footage

65,000

Franchising Since

2021

Agreement Terms

Initial Term

20 years

Renewal Term

20 years

Renewal Conditions

To renew, Sonesta ES Suites franchisees must provide timely notice of their election to renew, have substantially complied with the Franchise Agreement (not receiving four or more default notices) and be in full compliance with all Brand Standards on both the notice date and the new agreement's commencement date. They must maintain possession of their hotel premises and remodel it as needed to meet current Brand Standards. If required, they might need to transition their hotel to a different brand concept offered by Sonesta RL Hotels Franchising Inc. or an affiliate. Franchisees must also correct any deficiencies identified by the franchisor, sign the then-current form of franchise agreement (which may have different terms), pay a renewal fee equal to the initial fee, and have their owners sign a general release.

Training & Support Program

Franchisor Assistance

Sonesta RL Hotels Franchising Inc. provides extensive support to its franchisees. Before opening, the franchisor conducts an initial inspection and develops a Property Improvement Plan (PIP) for conversions, reviews and approves hotel plans and designs, and inspects the hotel during or after construction to ensure Brand Standards compliance. It also provides onboarding services and initial brand training to a designated Hotel Representative, covering brand programs, marketing, sales, loyalty, and brand culture. Franchisees receive a Brand Manual with mandatory specifications and access to a project manager or onboarding specialist. During operation, Sonesta RL Hotels Franchising Inc. offers ongoing and optional training programs, convenes a Brand Conference at least every 24 months, and may periodically advise franchisees on hotel operations. It administers the Sonesta Travel Pass loyalty program, provides access to IT and franchise services help desks, and offers access to its Third-Party Distribution Program. The franchisor also updates the Brand Manual, indemnifies franchisees for authorized Mark usage, operates the Central Reservation System, and provides the opportunity to participate in its Revenue Management for Hire program. Brand promotion programs and a franchise system website are also maintained.

Initial Training Hours

33

Training Location

Virtual or on-site

Ongoing Support

After opening, Sonesta ES Suites franchisees receive ongoing training programs, both virtually and in-person, for which fees apply. They are required to attend a Brand Conference at least every 24 months for networking and educational seminars. Sonesta RL Hotels Franchising Inc. may periodically advise franchisees on hotel operations, administers the Sonesta Travel Pass loyalty program (in which participation is mandatory), and provides access to IT and franchise services help desks. Franchisees can also access the Third-Party Distribution Program and utilize the Central Reservation System. The franchisor updates the Brand Manual regularly and offers participation in its Revenue Management for Hire program. Additionally, Sonesta RL Hotels Franchising Inc. administers brand promotion programs and maintains a franchise system website.

Franchise Requirements

Ideal Candidate Profile

Sonesta ES Suites seeks franchisees who meet current educational, managerial, and business standards. Ideal candidates should possess good moral character, a strong business reputation, and a good credit rating. They must also have the aptitude and ability to operate a Sonesta ES Suites hotel and sufficient equity capital to fund its operation. While personal participation in daily operations is recommended, it is not required. If the franchisee is a legal entity, a designated Principal with at least a 25% ownership interest and voting power, holding the authority of a chief executive officer, must be identified. If the franchisee does not personally manage the hotel, they must hire an approved management company.

Industry Experience Required

No

Management Experience Required

No

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

Commercial

Owner Participation

Absentee Allowed

Territory Type

Non-Exclusive

Territory Size Requirements

Sonesta ES Suites grants franchisees a non-exclusive license to operate Sonesta ES Suites hotels at a specified location. Franchisees will not receive an exclusive territory and may face competition from other franchisees, company-owned outlets, or other distribution channels or competitive brands controlled by Sonesta. In special circumstances, Sonesta ES Suites may, in its sole judgment, grant a Sonesta ES Suites hotel an exclusive or protected area where another Sonesta ES Suites franchise will not be granted. However, there are no specific, measurable criteria provided for defining the size of a standard territory.

Staffing Notes

Sonesta ES Suites franchisees are solely responsible for all employment decisions, including hiring, firing, training, compensation, and working conditions for their employees, agents, and independent contractors. The franchisor specifies that all personnel are the franchisee's employees, not Sonesta RL Hotels Franchising Inc.'s. The Brand Standards may dictate staffing levels, employee qualifications, training, and uniforms. Franchisees must also participate in the franchisor's revenue management for hire program for the first year, or, if they opt out afterward, hire a dedicated Hotel Revenue Manager with at least four years of verifiable experience in a relevant role in similar hotels, meeting specific proficiency and training requirements.