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Updated RecentlyDoubletree Hotels, Suites, Resorts, Clubs vs WoodSpring Suites Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Doubletree Hotels, Suites, Resorts, Clubs vs WoodSpring Suites including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $22,843,700 - $79,169,000 | $5,035,000 - $7,031,000 |
| Franchise Fee | $75,000 | $50,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 4% | 2.5% |
| Year Founded | 1969 | 2003 |
| Year Franchised | 1989 | 2004 |
| 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/No | -/Yes |
| Start-up Costs | No/No | -/Yes |
| Equipment | No/No | -/Yes |
| Inventory | No/No | -/Yes |
| Receivables | No/No | -/Yes |
| Payroll | No/No | -/Yes |
Training & Support |
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| Training | General manager training prior to certification for opening On-The-Job Training Classroom Training | On-The-Job Training: Upon request Classroom Training: Varies |
| 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 Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | 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: 100 Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Doubletree Hotels, Suites, Resorts, Clubs
The first Doubletree hotel opened in 1969 in Scottsdale, Arizona.
Franchising began in 1989, and ten years later the company was acquired
by Hilton Hotels Worldwide
With a quickly developing accumulation of contemporary, upscale facilities in more than 150 passage urban areas, metropolitan zones and excursion goals through the U.S., Canada and Latin America, Doubletree is a particularly composed arrangement of properties that gives genuine solace to today's business and relaxation explorers.
From a large number of pleased inn visitors who are invited with the brand's amazing, warm chocolate chip treats at registration to the benefits of the honor winning Hilton HHonors visitor compensate program, Doubletree conveys a fantastic ordeal to its visitors wherever their ventures may take them.
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#103 in Franchise 500 for 2020.
#73 in Franchise 500 for 2021.
About WoodSpring Suites
WoodSpring® is the fastest growing brand in the economy extended stay segment.
Designed with purpose to offer exactly what the extended stay
guest needs, we’ve stripped away the unnecessary extras and infused
form, function and beauty into what’s left. The result for owners is a
brand that’s tightly optimized to help enable profitability.
- Cost-effective prototype, designed to be built in less than 12 months
- Proven, lean operating model that enables maximum efficiency for owners
- Proprietary vendor relationships and hands-on support enable expedited openings
- Dedicated, extended stay national sales team
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#40 on Franchise Rankings.com