Hilton Hotels & Resorts vs Econo Lodge Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hilton Hotels & Resorts vs Econo Lodge including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Hilton Hotels & Resorts Franchise
Econo Lodge Franchise
Investment $30,581,105 - $128,987,095$208,275 - $938,645
Franchise Fee $75,000$25,000
Royalty Fee 5%4.5%
Advertising Fee 4%3.5%
Year Founded 1919-
Year Franchised 1965-
Term Of Agreement 10 years20 years
Term Of Agreement 10 years20 years
Renewal Fee Same as initial fee-


Business Experience Requirements
 
Hilton Hotels & Resorts Franchise
Econo Lodge Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    Hilton Hotels & Resorts Franchise
    Econo Lodge Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    Hilton Hotels & Resorts Franchise
    Econo Lodge Franchise
    Training On-The-Job Training Classroom Training-
    Support Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform-
    Marketing Ad Templates National Media SEO Loyalty program/app-
    Operations

    Number of employees needed to run franchised unit: 150

    Absentee ownership of franchise is allowed.

    		-

    Expansion Plans
     
    Hilton Hotels & Resorts Franchise
    Econo Lodge Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Hilton Hotels & Resorts

    Hilton is part of the portfolio of brands at Hilton Worldwide, which has hotels in more than 90 countries. Other Hilton Worldwide brands include Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hampton by Hilton, Hilton Garden Inn, Homewood Suites by Hilton, Home2 Suites by Hilton, Curio - A Collection by Hilton, Canopy by Hilton and Hilton Grand Vacations.

    Veteran Incentives  Varies
    ""   "Entrepreneur

    #101 in Franchise 500 for 2020.
    #132 in Franchise 500 for 2021.

    About Econo Lodge

    Econo Lodge hotels provide a great stay and a great value for business and leisure travelers. Free wireless hotspots Complimentary Breakfast by Econo Lodge Free USA Today weekdays.

    The total investment necessary to convert an existing hotel and begin operation of a 63-room ECONO LODGE hotel franchise is between $208,275 and $938,645. This includes an affiliation fee of $250 per room for new franchises, $500 per room for transfers and renewals ($25,000 minimum for new franchises, $30,000 for transfers and renewals); a brand activation fee of approximately $8,000 to $17,000; and orientation and hospitality training fees of between $0 and $3,145 per person, all of which are paid to the Franchisor or its affiliates. These sums do not include the cost of any real estate taxes.