Hotel Franchise
Hotel Franchise Real Estate — Branded and Independent
Hotels are the biggest dollar value franchise deals in Canada. Branded hotel real estate involves long-term franchise agreements, large mortgages, and property improvement plans. Summitly's REALTORS® work on branded hotel sales and acquisitions.
Coldwell Banker Summit Realty, Brokerage (905) 553-8500
What Summitly does — and doesn’t
Summitly's franchise practice is run by Coldwell Banker Summit Realty, a real estate brokerage specialising in franchise locations across Canada. We help you secure, hold, and exit the real estate underneath your franchise. We are not a franchise consultant or recruiter.
We handle
- Site search and site approval coordination for your franchise locations
- Commercial lease review, negotiation, and renewal
- Resale brokerage when it’s time to sell — confidential marketing, buyer prequalification, lease assignment
- Coordination with the landlord, lender, lawyer, and franchisor real estate team
We don’t handle
- Franchise applications, brand approval, or franchisor selection criteria
- Training, supply chain, operations, or marketing programs — those stay with the franchisor
- Picking a brand for you — that’s a business decision we’ll respect, not influence
Canadian hotel franchise market
Canada's hotel market spans major flags like Marriott, Hilton, IHG, and Best Western, plus boutique and independent brands. Branded hotel sales typically run $5 million to $50 million. Property improvement plans (PIPs) can add millions to a deal.
Buying a hotel franchise
Buyers focus on the brand flag, RevPAR, market position, and the PIP. Lender approval, franchisor approval, and seller financing terms all matter. We work alongside hotel brokers and lawyers on complex deals.
Selling a hotel franchise
Confidentiality is critical. Staff, guests, and competitors should not know a property is for sale. Buyers want 24 to 36 months of operating history, PIP status, and a clean franchise agreement.
Common mistakes hotel buyers make
- Underestimating the PIP cost — many buyers add $1M to $5M after close
- Not modelling the franchise renewal date — flags re-up means new PIP
- Skipping a lease review on ground-leased properties
Popular hotel franchise brands
Common brands we work with — buying, selling, and leasing. Individual brand pages are coming soon.
- Best Western
- Holiday Inn Express
- Hampton Inn
- Comfort Inn
Your franchise real estate team
Coldwell Banker Summit Realty — Franchise Real Estate Practice
Coldwell Banker franchise · Licensed in Ontario
Coldwell Banker Summit Realty, Brokerage runs a dedicated franchise real estate practice serving operators across Canada. We handle the operator-side real estate work on franchise deals — securing sites at the start, reviewing and negotiating commercial leases, and brokering the exit when it is time to sell. Backed by the Coldwell Banker brand, an independently owned and operated franchise with deep commercial and residential reach, our team reads a lease the way the operator does, scopes a site the way the franchisor does, and structures the exit the way the buyer will underwrite it.
- Operator-side franchise real estate across food, retail, hospitality, fitness, and service categories
- Site selection, lease review, and lease negotiation aligned to franchisor criteria
- Resale brokerage, location takeovers, new-build site work, and sale-leaseback structuring
- Backed by Coldwell Banker — an established global real estate brand and franchise network
Coldwell Banker Summit Realty, Brokerage (905) 553-8500
Questions
Hotel franchise real estate: common questions
Quick, honest answers to what franchise buyers and sellers ask us most.
Branded hotel deals in Canada usually run $5 million to $50 million. Small select-service properties are at the low end. Full-service downtown hotels are at the high end. Add the PIP cost on top of the purchase price.
A PIP is the franchisor's required upgrade list to bring a hotel up to current brand standards. PIPs can run anywhere from $500,000 to $10 million. They are due within 12 to 24 months of close.
Branded hotel sales usually take 6 to 18 months. Pricing, debt, PIP scope, and franchisor approval all add time. A confidential, qualified-buyer process keeps timelines tight.
Next step
Considering a hotel acquisition or exit?
Book a confidential call with a Summitly hospitality advisor.
