What is the range for the RFID Key System for a new construction Sonesta Simply Suites?
Sonesta_Simply_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type Of Expenditure | Amount Conversion | New Construction | Method of Payment | When Due | To Whom Payment Is To Be Made |
|---|---|---|---|---|---|
| RFID Key System | $0 to | $50,000 to | As arranged | As arranged | Suppliers |
| (Note 26) | $70,000 | $70,000 |
- Note 26 RFID Key Systems are required for all Brand Hotels.
This figure was calculated by dividing the total cost of the RFID Key System by number of Guest Rooms (and includes common area doors in the overall cost per Guest Room averages).
Source: Item 7 — ESTIMATED INITIAL INVESTMENT SONESTA SIMPLY SUITES (Note 1) – 100 ROOMS (FDD pages 36–42)
What This Means (2025 FDD)
According to Sonesta Simply Suites's 2025 Franchise Disclosure Document, the estimated initial investment for an RFID Key System for new construction is between $50,000 and $70,000. This cost is paid to suppliers and is typically arranged before opening.
Note 26 of Item 7 states that RFID Key Systems are required for all Brand Hotels. The estimate was calculated by dividing the total cost of the RFID Key System by the number of Guest Rooms, including common area doors in the overall cost per Guest Room averages.
As this is an estimate, the actual costs may vary depending on the supplier and specific requirements of the location. It is important for prospective franchisees to consider this when planning their initial investment.