Hilton Hotels & Resorts vs Reverb hotel by Hard Rock Franchise Comparison

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

Start-Up Costs and Fees
 
Hilton Hotels & Resorts Franchise
Reverb hotel by Hard Rock Franchise
Investment $30,581,105 - $128,987,095$15,445,000 - $37,020,000
Franchise Fee $75,000N/A
Royalty Fee 5%-
Advertising Fee 4%-
Year Founded 1919-
Year Franchised 1965-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee Same as initial fee-


Business Experience Requirements
 
Hilton Hotels & Resorts Franchise
Reverb hotel by Hard Rock Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    Hilton Hotels & Resorts Franchise
    Reverb hotel by Hard Rock 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
    Reverb hotel by Hard Rock 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
    Reverb hotel by Hard Rock Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion YesYes

    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 Reverb hotel by Hard Rock

    "Reverb

    Hard Rock Hotel Licensing, Inc. offers franchises for the operation of an upscale, select-service hotel that operates under the name “Reverb.”

    If you purchase a single franchised Hotel, the total investment necessary to begin operation of a Reverb franchise ranges from $15,445,000 to $37,020,000. This includes an amount ranging from $151,000 to $415,000 that must be paid to the franchisor and their affiliates.
    If you purchase area development rights, the total investment necessary to begin operation of a Reverb franchise ranges from $15,445,000 to $37,020,000, plus an additional deposit fee that is calculated as: $50,000 for the 2nd Hotel you will develop under the area development agreement, plus $12,500 per Hotel for your 3rd and each additional Hotel you will commit to develop under the area development agreement. This includes an amount ranging from $151,000 to $415,000, plus the total amount of the deposit fee, that must be paid to the franchisor and their affiliates.