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Updated RecentlyHilton Hotels & Resorts vs voco hotels Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hilton Hotels & Resorts vs voco hotels including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $30,581,105 - $128,987,095 | $15,963,880 - $46,738,600 |
| Franchise Fee | $75,000 | $75,000 |
| Royalty Fee | 5% | 0 |
| Advertising Fee | 4% | 0 |
| Year Founded | 1919 | 2020 |
| Year Franchised | 1965 | 2020 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | Same as initial fee | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-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 |
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| 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 |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | 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
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#101 in Franchise 500 for 2020.
#132 in Franchise 500 for 2021.About voco hotels
!["voco]("https://fddexchange.com/wp-content/uploads/2020/06/voco.jpg")
Drawing on their years of experience in delivering True Hospitality, voco Hotels, gives people a different choice.
The voco™ brand offers owners the ability to drive higher returns by delivering a distinctive, compelling, experiential consumer proposition and leveraging IHG's powerful resources.
voco is leading a trend towards conversions, which we’re seeing across
the full breadth of our portfolio and accounted for a quarter of IHG’s
signings overall in the first half of 2020