Franchise opportunities compared
Apartments by Marriott Bonvoy vs Travel Leaders
Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.
Before you compare
- Both sets of figures come from 2026 FDDs.
- Apartments by Marriott Bonvoy discloses more than one business format, so the investment range spans formats; the full report breaks them out.
- Only neither brand has reviewed Item 19 figures here.
| Disclosure |  Apartments by Marriott Bonvoy |  Travel Leaders |
|---|---|---|
| Financial commitment | ||
| Estimated initial investment (Item 7) | $35,522,790 – $117,505,390 2026 FDD · Item 7 | $2,270 Total investment — first/main office: $2,270 to $17,910 2026 FDD · Item 7 · PDF p. 16 |
| Standard initial franchise fee (Item 5) | — 2026 FDD · Item 5 · PDF p. 38 | Not available No single standard fee identified |
| Royalty (Item 6) | Not available No reviewed royalty record | $1,285 Enterprise continuing license fee — main location: $1,285 per month 2026 FDD · Item 6 · PDF p. 11 |
| Brand / advertising fund (Item 6) | 4% Residential Marketing — 4% — 4% 2026 FDD · Item 6 · PDF p. 54 | $340 Enterprise marketing fee — main location: $340 per month 2026 FDD · Item 6 · PDF p. 11 |
| System scale & health | ||
| Total outlets (Item 20) | 4 Outlets at end of 2025 2026 FDD · Item 20 · PDF p. 116 | 188 Outlets at end of 2025 2026 FDD · Item 20 · PDF p. 33 |
| Net outlet change (Item 20) | Not available Only one year reported | +4 Calculated: 184 at end of 2023 → 188 at end of 2025 |
| Outlet exits (Item 20) | Not available No complete exit records for a year | Not available No complete exit records for a year |
| Franchising since (Item 1) | Not available Not in reviewed records | Not available Not in reviewed records |
| Franchisor founded (Item 1) | Not available Not in reviewed records | Not available Not in reviewed records |
| Performance (Item 19) | ||
| Financial performance (Item 19), by location group | Not disclosed — no Item 19 financial performance representation | Not disclosed — no Item 19 financial performance representation |
Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.
Apartments by Marriott Bonvoy vs Travel Leaders: common questions
- Which costs less to open, Apartments by Marriott Bonvoy or Travel Leaders?
- Apartments by Marriott Bonvoy: $35,522,790 – $117,505,390 (2026 FDD · Item 7); Travel Leaders: $2,270 (2026 FDD · Item 7 · PDF p. 16). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Travel Leaders. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
- Which has more locations, Apartments by Marriott Bonvoy or Travel Leaders?
- Apartments by Marriott Bonvoy: 4 (2026 FDD · Item 20 · PDF p. 116); Travel Leaders: 188 (2026 FDD · Item 20 · PDF p. 33). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
- Do Apartments by Marriott Bonvoy and Travel Leaders disclose financial performance (Item 19)?
- Apartments by Marriott Bonvoy makes no Item 19 financial performance representation; Travel Leaders makes no Item 19 financial performance representation. Different location groups are not directly comparable, and revenue is not profit.
Answers restate the reviewed figures above. Not a ranking or recommendation.