Lodging
Coratel Inn & Suites
Woodbury, MN · Founded 2019 · CRTL
JASPER HOTELS, LLC offers franchises for the development and operation of CORATEL INN & SUITES hotels, which are hotel and hospitality services characterized by distinctive interior design, trade dress, uniform guidelines, and operational procedures.
2026 Franchise 500
Unranked
14
units (2024)—
year over yearUnits by Year
132021
132022
102023
142024
Total outlets at year end, from FDD Item 20.
The Investment
Initial investment
$10,000 – $230,000
FDD Item 7
Franchise fee
$15,000
FDD Item 5
Ad fund
4.5%
FDD Item 6
Financial performance
No
FDD Item 19 disclosure
Royalty
4.5% of Gross Room Revenue
Leadership
Harshad Bhakta
President
Mohamed Munaf
Chief Operating Officer
Mathew Thachil
Chief Technology Officer
On File
Franchisee records
1
Current roster rows
Signed, not open
0
FDD Item 20, Table 5
Franchising for
6 yrs
Franchise Disclosure Documents
Also in Lodging
More in Lodging→Read from this brand's Franchise Disclosure Documents. FDD library maintained by AskTy; figures are as filed by the franchisor.