What is the estimated range for furniture, fixtures, and equipment costs for a Crowne Plaza?
Crowne_Plaza Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure | Amount | Method of Payment and When Due | To Whom Payment Is to be Made |
|---|---|---|---|
| Furniture, Fixtures & Equipment (Note 2) | $5,414,900 to $ 8,171,000 | As required By suppliers | Suppliers |
Source: Item 7 — Estimated Initial Investment (FDD pages 51–59)
What This Means (2025 FDD)
According to Crowne Plaza's 2025 Franchise Disclosure Document, the estimated cost for furniture, fixtures, and equipment ranges from $5,414,900 to $8,171,000. These costs are paid as required to suppliers.
These estimates for furniture, fixtures, and equipment (FF&E) encompass expenses for guest rooms, common areas, kitchen and bar equipment, fitness center equipment, and in-hotel technology like televisions, computers, and internet connectivity. However, the estimates do not include FF&E for extensive designs that accommodate full kitchen or catering facilities, pools, spas, or expansive outdoor or common space areas.
The FDD notes that these costs are representative of both conversion and new development hotels. Building construction costs can vary significantly depending on the state, region, material, labor costs, soil and environmental conditions, availability of utilities, and site topography. Franchisees should also be aware that these estimates do not account for special local requirements such as earthquake requirements, impact fees, specific local aesthetic requirements, or remedial work needed to bring a building into regulatory compliance.