Magnuson Grand® or Magnuson Hotels® vs Econo Lodge
Franchise Comparison 2026
Both Magnuson Grand® or Magnuson Hotels® and Econo Lodge are lodging franchises. Magnuson Grand® or Magnuson Hotels® requires an investment of $175K – $400K while Econo Lodge requires $175K – $955K. Econo Lodge has SBA lending data on file with a 1.1% charge-off rate. FranchiseVerdict rates Magnuson Grand® or Magnuson Hotels® B (Above average) and Econo Lodge B (Above average).
| Metric | Magnuson Grand® or Magnuson Hotels® | Econo Lodge |
|---|---|---|
| Verdict Grade | BAbove averageAbove average | BAbove averageAbove average |
| Investment Range | $175K – $400K | $175K – $955K |
| Franchise Fee | $10K | $30K |
| Royalty Rate | 8.0% | 5.0% |
| Average Revenue (Item 19) | N/A | N/A |
| SBA Charge-Off Rate | N/A | 1.1% (121 loans) |
| Total Units | 9 | 677 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2022 | 1990 |
| FDD Year | 2024 | 2024 |
Magnuson Grand® or Magnuson Hotels®
BAbove averageAbove average
Econo Lodge
BAbove averageAbove average
Investment Range
$175K – $400K
$175K – $955K
Franchise Fee
$10K
$30K
Royalty Rate
8.0%
5.0%
Average Revenue (Item 19)
N/A
N/A
SBA Charge-Off Rate
N/A
1.1% (121 loans)
Total Units
9
677
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2022
1990
FDD Year
2024
2024