FranchiseVerdict
Fairfield by Marriott logo
FV-00901·MODERATEStandard76

Fairfield by Marriott

Lodging - Hotels & MotelsFranchising since 1998Website
Investment
$12.3M – $34.5M
70th pct Hotels & Mote…
Avg revenue
7th pct Hotels & Mote…
Royalty
5.5%
59th pct Hotels & Mote…
Units
1,191
97th pct Hotels & Mote…
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $12.3M – $34.5M including a $75K franchise fee, 5.5% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 57/100. SBA loan default rate of 0.0% across 98 loans (below the industry average).
  • 20 litigation matters disclosed in Item 3 — higher than typical. Review the summary for patterns (franchisor-initiated vs. franchisee-initiated).

Item 1 · who you're contracting with

The Franchisor

Legal entity
MIF, L.L.C.
Parent company
Marriott International, Inc.
Incorporated in
Delaware
HQ
7750 Wisconsin Avenue, Bethesda, Maryland 20814
Auditor
Ernst & Young LLP
Audited financials
Franchisor revenue
$147.5M
vs $103.3M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Fairfield by Marriott unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: hospitality
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $12.3M–$34.5M
Working capital
$
FDD reports $240K–$525K

Unlevered ROIC · per unit

0%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$90K
EBITDA margin
12.0%
Total invested
$23.8M
Payback
3173 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

Franchisees develop and operate 3-4 star limited-service hotels under the Fairfield brand, managing daily operations including housekeeping, front desk, maintenance, and guest services. They pay 5.5% of gross room sales as royalty to Marriott while bearing full operational costs, capital maintenance, and liability exposure. Franchisees rely on Marriott's centralized reservation system, loyalty program, and brand standards to drive occupancy.

CEO
Anthony Capuano
Founded
2012
FDD year
2026
States available
50

Item 7 · what it costs

The Vitals

Total investment
$12.3M – $34.5M
All-in to open one unit
Liquid capital
$240K – $525K
Cash you must have on hand
Franchise fee
$75K
Royalty
5.5%
Gross Room Sales · typical 6–8%
Ad fund
2.5%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
1,191
Opened
32
Last reporting year
Closed
8
Turnover rate
0.7%
Company-owned
5
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
+1.5%
Net unit change last year
3-yr CAGR
+3.4%
Compounded over last 3 years
2024
1,186+17
Franchised units
2025
1,168
Franchised units
2026
1,147
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 5 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 5 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
98
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

57
Risk · 0-100
MODERATE57 / 100

Fairfield presents meaningful investment risk due to massive capital requirements without financial transparency, anemic unit growth, severe data security litigation legacy, unprotected territory enabling brand cannibalization, and antitrust exposure.

Score breakdown · what drove the 57 / 100 rating

  1. 01MINORSignificant capital requirement ($12.3M–$34.5M) with no Item 19 financial disclosure to validate ROI expectations
  2. 02MINORStagnant unit growth (1.5% YoY) suggests market saturation and declining franchise appeal
  3. 03HIGHMulti-jurisdictional data breach litigation (2018 Starwood incident) with ongoing FTC, ICO, KVKK, OPC, and OAIC investigations creates reputational and compliance risk
  4. 04MINORUnprotected territory allows Marriott to saturate markets with competing Marriott brands, cannibilizing franchisee revenue
  5. 05HIGHAntitrust litigation regarding STR reports and pricing software indicates potential franchisor control over competitive positioning
  6. 06MINORMultiple class action lawsuits on resort/destination fees and credit card processing create operational and legal exposure for individual properties

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Protected territory
No
Initial term
20 years
Online sales rights
Granted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
20
Right of first refusal
No
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Owner-operator
Optional
Governing law
Maryland

Item 11

Training & Operations

Classroom training
187 hrs
On-the-job training
0 hrs
POS system
Marriott designated POS system
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

100 numbers

Locked
(205) 987-••••
AL
(707) 864-••••
CA
(480) 757-••••
AZ

One-time purchase · CSV download · Validation questions included

FDD download

Fairfield by Marriott · FDD (2026) PDF

Single-page checkout · instant download · CSV export of contacts available separately above