Conversion Hotel (based on a 68-room hotel)
$194,595–$1,106,5952026 FDD Item 7
Includes $35,000 (Affiliation Fee) and $15,000–$30,000 (Additional Funds for 3-Month Initial Period).
Hotels
Econo Lodge franchise
Economy hotel brand for practical, budget-conscious road travel.
- Opening investment
- $194,595–$1,106,595
- U.S. locations
- 599
2026 FDD · Conversion Hotel (based on a 68-room hotel)
2025
Opening costs and fees
$194,595–$1,106,595
Opening costs vary by format, location and lease terms.
Operating formats
Locations
599 U.S. locations (2025).
Existing locations do not establish that a new territory is available. Confirm your market with the franchisor.
Sources and figure notes
Reporting periods and scope
U.S. locations
U.S. operating hotels in the Choice franchise system as of December 31, 2025; source brand row: Econo Lodge. Hotels, not rooms or pipeline.
Opening investment
$194,595–$1,106,595 total estimated initial investment for Conversion Hotel (based on a 68-room hotel) in the 2026 FDD Item 7 table, including $35,000 (Affiliation Fee) and $15,000–$30,000 (Additional Funds for 3-Month Initial Period).
- Choice Hotels International — 2025 Form 10-K ↗
- Choice Hotels — Hotel Brands ↗
- Choice Hotels Development — Our Brands ↗
Research snapshot: . Sources and methodology
Compare independent startup vs. franchise economics
Compare Econo Lodge’s franchise model against starting or buying an independent business in hotels (line-item CapEx, 0%-royalty owner SDE margins & SBA resale multiples):