Hampton Inn/Hampton Inn & Suites vs Residence Inn Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hampton Inn/Hampton Inn & Suites vs Residence Inn including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Hampton Inn/Hampton Inn & Suites Franchise
Residence Inn Franchise
Investment $7,662,800 - $20,306,500N/A
Franchise Fee $75,000N/A
Royalty Fee 6%-
Advertising Fee 4%-
Year Founded 1983-
Year Franchised 1984-
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee Same as initial fee-


Business Experience Requirements
 
Hampton Inn/Hampton Inn & Suites Franchise
Residence Inn Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    Hampton Inn/Hampton Inn & Suites Franchise
    Residence Inn 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
     
    Hampton Inn/Hampton Inn & Suites Franchise
    Residence Inn Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
    Operations

    Number of employees needed to run franchised unit: 25

    Absentee ownership of franchise is allowed.

    		-

    Expansion Plans
     
    Hampton Inn/Hampton Inn & Suites Franchise
    Residence Inn Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Hampton Inn/Hampton Inn & Suites

    The first Hampton Inn opened in Memphis, Tennessee in 1984. Hampton Inn was the first mid-price national hotel chain to begin offering a free continental breakfast and free local phone calls. In 1995, the Hampton brand introduced Hampton Inn & Suites, which consisted of two-room suite hotel rooms with living rooms and kitchen areas.     In 1999, Hampton Inn was acquired by Hilton Worldwide, which has hotels in more than 90 countries.
    Hampton hotels offer a 100% guarantee. If guests are not completely happy with the clean rooms and friendly service, Hampton Hotels vows to refund the cost of the stay. Franchisees of Hampton Hotels will not only be aligning with a leading, emerging brand in the hotel industry, but also the parent company of Hilton Worldwide, which has a proven, dominant track record in the hotel industry. Franchisees have the peace of mind that many successful people will be behind them to support their business endeavors.

    "franchiserankingscom"    "Entrepreneur
    #19 on Franchise Rankings.com
    #30 in Franchise 500 for 2020.
    #24 in Franchise 500 for 2021.




    About Residence Inn

    Designed as "home away from home" for travelers staying 5 or more nights - Residential atmosphere with spacious accommodations Features include: - Complimentary hot breakfast - Evening hospitality hour - Swimming pool - Sport Court - Personalized grocery shopping - Daily housekeeping - Guest suites with separate living and sleeping areas - Fully equipped kitchen - Work space with data ports and voicemail