What is the onboarding administration fee for acquiring an existing Sonesta Simply Suites hotel?

According to Sonesta Simply Suites's 2025 Franchise Disclosure Document, franchisees who acquire an existing Sonesta Simply Suites hotel will pay a reduced onboarding administration fee of $2,000. This fee is specifically for the onboarding services that Sonesta Simply Suites provides during the acquisition process. The FDD states that this fee is non-refundable and is due during or immediately after the onboarding process.

For prospective franchisees, this means that in addition to the initial franchise fee and other potential costs, they should budget $2,000 for this onboarding administration fee when planning to acquire an existing Sonesta Simply Suites location. It's important to note that this fee is separate from other fees associated with new constructions or conversions of existing hotels to the Sonesta Simply Suites brand.

The FDD also mentions that during the 2024 fiscal year, the onboarding administration fee ranged from $1,000 to $2,500. While the current fee for acquiring an existing hotel is set at $2,000, it's possible that this fee could fluctuate in the future. Franchisees should confirm the current fee with Sonesta Simply Suites before signing the Franchise Agreement.