|
Below is an in-depth analysis and side-by-side comparison of Hilton Garden Inn vs Doubletree Hotels, Suites, Resorts, Clubs including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $13,045,500 - $27,123,500 | $22,843,700 - $79,169,000 |
Franchise Fee | $75,000 | $75,000 |
Royalty Fee | 5.5% | 5% |
Advertising Fee | 4% | 4% |
Year Founded | 1996 | 1969 |
Year Franchised | 1996 | 1989 |
Term Of Agreement | 22 years | 10 years |
Term Of Agreement | 22 years | 10 years |
Renewal Fee | Same as initial fee | Same as initial fee |
Business Experience Requirements |
||
Experience | ||
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/Yes | No/No |
Receivables | No/Yes | No/No |
Payroll | No/Yes | No/No |
Training & Support |
||
Training | On-The-Job Training Classroom Training | General manager training prior to certification for opening On-The-Job Training Classroom Training |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations |
Number of employees needed to run franchised unit: 35 - 50
Absentee ownership of franchise is allowed.
|
Number of employees needed to run franchised unit: 100 Absentee ownership of franchise is allowed. |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | Yes | Yes |