Courtyard By Marriott
Franchise research report · reviewed 2026 disclosure data
Researching Courtyard By Marriott franchise opportunities? Every figure below is cited to the FDD.
- Headquarters
- Bethesda, MD United States Source: franchise.org
Outdoor Collection by Marriott Bonvoy franchise offers unique outdoor hospitality experiences through luxury camping and cabin accommodations under the trusted
Headline figures
Quick facts
- How much does it cost to open a Courtyard By Marriott franchise?
- The Courtyard By Marriott Franchise Disclosure Document reports an estimated initial investment of $15,129,110–$41,181,010 (2026 FDD, Item 7, PDF p. 67). This is the franchisor's disclosed estimate, not a quote. Details
- What is the Courtyard By Marriott initial franchise fee?
- The disclosed initial franchise fee is $6 (2026 FDD, Item 5, PDF p. 39). Details
- Does Courtyard By Marriott disclose financial performance (Item 19)?
- Yes. The Courtyard By Marriott FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 118). Figures apply only to the locations and period each one covers. Details
From reviewed FDD figures only. Not a recommendation or projection.
What the disclosures show
- 1Opening costs are estimated at $15,129,110 – $41,181,010 in the 2026 FDD (Item 7).
- 2Item 19 covers 4 separate groups: other measures for 871 franchised Courtyard hotels locations; other measures for 857 franchised Courtyard hotels locations; other measures and memberships and revenue for 860 franchised Courtyard hotels locations; memberships and other measures for 860 franchised Courtyard hotels locations. They are not combined.
From reviewed FDD figures only. Not a recommendation or projection.
Costs · Items 5–7
What does it cost to open?
Estimated opening costs and the fees payable to the franchisor.
Startup Investment — Item 7
Total estimated initial investment
2026 FDD · Item 7 · PDF p. 67
Standard single-unit franchise fee
2026 FDD · Item 5 · PDF p. 39
Discounted and multi-unit options are separate; see all fees.
Ongoing Fees — Item 6
Selected recurring charges; payment bases and conditions remain attached to each fee.
13 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.
Financial Performance — Item 19
What results are disclosed—and for which locations?
4 separate populations, shown apart. Revenue is not owner income.
Locations counted: not stated in the reviewed record
Other measures · 871 locations
- Who is counted
- 1-Year Comp Hotels: franchised Courtyard hotels meeting Conditions and open 12 months
- Period
- 871
- Method
- 2025 per-hotel results
Locations counted: not stated in the reviewed record
Other measures · 857 locations
- Who is counted
- STR Included Hotels: franchised Courtyard hotels in U.S. and Canada, open at least two years and satisfying Conditions
- Excluded
- Hotels failing Conditions or minimum operating history excluded; daily missing metric days excluded
- Method
- STR-reported 2025 results; averages calculated per hotel from reported days
Locations counted: not stated in the reviewed record
Memberships, revenue and other measures · 860 locations
- Who is counted
- Included Hotels: franchised Courtyard hotels in U.S. and Canada open at least two years and satisfying Conditions
- Period
- 46.6%
- Excluded
- Reservations channel excludes group and transient nights booked directly at hotel or sales offices
- Method
- Marriott internal databases; 12 months ended 2025-12-31
Locations counted: not stated in the reviewed record
Memberships and other measures · 860 locations
- Who is counted
- Included Hotels: franchised Courtyard hotels in the United States and Canada open and operating at least two years as of December 31, 2025 and satisfying Conditions
- Period
- 23,000
- Excluded
- Includes member-paid and member-redeemed nights; excludes group nights without points, OTA bookings, wholesale and crew nights
- Method
- Marriott internal databases; 12 months ended 2025-12-31
These groups are never combined.
Outlet Changes — Item 20
How has the outlet count changed?
Coverage not stated in the reviewed record · counts as of year end of each year.
2026 FDD · Item 20 ·
Questions to investigate
Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.
For the franchisor
Which line items in the 2026 Item 7 estimate ($15,129,110 – $41,181,010) vary most by market, and why?
Which locations are included in the Item 19 figures, and which were excluded?
Is a territory available in my area, and how is it defined in my agreement?
For current and former owners
How did your actual startup costs and timeline compare with the Item 7 estimate?
How many hours a week do you work in the business, and in what role?
How do your results compare with the Item 19 figures, and what explains the difference?
What support from the franchisor has been most and least useful?
For your advisors
Ask a franchise attorney to review the territory, renewal, transfer and termination terms.
Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.
Sources & vintage history
Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.
Citations (2026 FDD)
- [1]Estimated initial investment — Item 7 · PDF p. 67
- [2]Standard initial franchise fee — Item 5 · PDF p. 39
- [3]Item 19 — Locations counted not stated in the reviewed record — 1-Year Comp Hotels: franchised Courtyard hotels meeting Conditions and open 12… · PDF p. 118
- [4]Item 19 — Locations counted not stated in the reviewed record — STR Included Hotels: franchised Courtyard hotels in U.S. and Canada, open at le… · PDF p. 118; PDF p. 117
- [5]Item 19 — Locations counted not stated in the reviewed record — Included Hotels: franchised Courtyard hotels in U.S. and Canada open at least t… · PDF p. 119; PDF p. 120
- [6]Item 19 — Locations counted not stated in the reviewed record — Included Hotels: franchised Courtyard hotels in the United States and Canada op… · PDF p. 120
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: FDD
Territory & operations
1,080 addresses in Franopolis's imported location list. Coverage may differ from Item 20 outlet counts.
These are contract disclosures, not confirmation that any territory is currently available.
Legal & agreement
Franchisor financial statements
| Fiscal year | Measure | Reported value |
|---|---|---|
| 2025 | mif total liabilities, 2025 | $36,893 |
| 2025 | mif net income, 2025 | $79,457 |
| 2025 | mif total assets, 2025 | $582,261 |
| 2025 | mif current year earnings, 2025 | $79,457 |
| 2025 | mif franchise fee revenue, 2025 | $95,027 |
| 2025 | mif total member's equity, 2025 | $545,368 |
| 2025 | mif licensing fees and other revenue, 2025 | $2,989 |
| 2025 | mif net fee revenues, 2025 | $96,599 |
| 2025 | mif cost reimbursement revenue, 2025 | $50,883 |
| 2025 | mif operating income, 2025 | $55,622 |
| 2025 | mif interest income, 2025 | $23,835 |
These figures describe the franchisor company, not individual franchise locations.
SBA-backed loans to franchisees
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Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.
Related research
Brands in the same subcategory first, then the wider industry, ordered by shared business format and overlapping investment range. This is not a ranking or recommendation.
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At a glance
Business history
Not reviewed
Owner participation
Not reviewed
Territory language
Litigation disclosure
Not reviewed
Bankruptcy disclosure
Not reviewed
Agreement term
Not reviewed
Reader notes on wording
Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.
Item 19 · PDF p. 119 · 2026 FDD
Our summary: OTA share of gross room-night bookings — 10.6%
“Marriott.com 46.6% Voice Reservations 1.4% CECs 1.6% OTAs 10.6% GDS 17.9% All Reservation Channels 78.2%”
Note: P.119 identifies 860 Included Hotels but later says the booking-share calculation used 88 hotels; the applicable sample cannot be settled.
Item 19 · PDF p. 119 · 2026 FDD
Our summary: All Reservation Channels share of gross room-night bookings — 78.2%
“Marriott.com 46.6% Voice Reservations 1.4% CECs 1.6% OTAs 10.6% GDS 17.9% All Reservation Channels 78.2%”
Note: P.119 identifies 860 Included Hotels but later says the booking-share calculation used 88 hotels; the applicable sample cannot be settled.
Item 19 · PDF p. 119 · 2026 FDD
Our summary: GDS share of gross room-night bookings — 17.9%
“Marriott.com 46.6% Voice Reservations 1.4% CECs 1.6% OTAs 10.6% GDS 17.9% All Reservation Channels 78.2%”
Note: P.119 identifies 860 Included Hotels but later says the booking-share calculation used 88 hotels; the applicable sample cannot be settled.
Item 19 · PDF p. 119 · 2026 FDD
Our summary: Voice Reservations share of gross room-night bookings — 1.4%
“Marriott.com 46.6% Voice Reservations 1.4% CECs 1.6% OTAs 10.6% GDS 17.9% All Reservation Channels 78.2%”
Note: The table gives the channel share, but its population is unresolved: p.119 identifies 860 Included Hotels, then says the booking-share calculation used 88 hotels.
Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.