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FranchiseVerdict

Econo Lodge vs MHO Hotels

Franchise Comparison 2026

Both Econo Lodge and MHO Hotels are lodging franchises. Econo Lodge requires an investment of $175K – $955K while MHO Hotels requires $72K – $1.2M. Econo Lodge has SBA lending data on file with a 1.1% charge-off rate. FranchiseVerdict rates Econo Lodge A (Top Quintile) and MHO Hotels D (Below Average).

Investment Range
$175K – $955K
$72K – $1.2M
Franchise Fee
$30K
$10K
Royalty Rate
5.0%
Option 1: $26.95 per room per month or Option 2: $2.00 per occupied room night
Average Revenue (Item 19)
N/A
N/A
SBA Charge-Off Rate
1.1% (121 loans)
N/A
Total Units
677
4
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1990
2021
FDD Year
2024
2025