Sonesta Select / Sonesta Essential vs Ramada
Franchise Comparison 2026
Both Sonesta Select / Sonesta Essential and Ramada are lodging franchises. Sonesta Select / Sonesta Essential requires an investment of $1.9M – $5.2M while Ramada requires $238K – $5.3M. Ramada has SBA lending data on file with a 11.8% charge-off rate. FranchiseVerdict rates Sonesta Select / Sonesta Essential B (Above average) and Ramada C (Average).
| Metric | Sonesta Select / Sonesta Essential | Ramada |
|---|---|---|
| Verdict Grade | BAbove average | CAverage |
| Investment Range | $1.9M – $5.2M | $238K – $5.3M |
| Franchise Fee | $45K | $35K |
| Royalty Rate | 5.0% | 5.0% |
| Average Revenue (Item 19) | N/ANo Item 19 representation | N/AOutlet subset |
| SBA Charge-Off Rate | Limited data | 11.8% (406 loans) |
| Total Units | 61 | 247 |
| Unit Growth (YoY) | +2 units | -17 units |
| Year Began Franchising | 2021 | 1989 |
| FDD Year | 2024 | 2026 |
Investment Range
$1.9M – $5.2M
$238K – $5.3M
Franchise Fee
$45K
$35K
Royalty Rate
5.0%
5.0%
Average Revenue (Item 19)
N/ANo Item 19 representation
N/AOutlet subset
SBA Charge-Off Rate
Limited data
11.8% (406 loans)
Total Units
61
247
Unit Growth (YoY)
+2 units
-17 units
Year Began Franchising
2021
1989
FDD Year
2024
2026