Settle Inn vs Hyatt Franchise Comparison

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

Start-Up Costs and Fees

 
Settle Inn Franchise
Hyatt Franchise
Investment $2,763,290 - $3,687,220$44,648,500 - $1,541,430,000
Franchise Fee $25,000$60,000 - $100,000
Royalty Fee 3%year 1, 3.5%thereafter-
Advertising Fee 2.25%-
Year Founded 19921957
Year Franchised 19922005
Term Of Agreement 10 years, 5 years thereafter-
Term Of Agreement 10 years, 5 years thereafter-
Renewal Fee --


Business Experience Requirements

 
Settle Inn Franchise
Hyatt Franchise
Experience --

Financing Options

 
Settle Inn Franchise
Hyatt Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Settle Inn Franchise
Hyatt Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Settle Inn Franchise
Hyatt Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

About Settle Inn

Since,1992, Settle Inn management has worked to establish a consistent and effective lodging system and grown to become a successful regional brand. Working with the AAFD in 2005, Settle Inn, LLC developed a franchise agreement that has been awarded the most franchise friendly contract in the lodging industry. Settle Inn is a hotel designed for hoteliers by hoteliers with a back-to-the-basics approach, and is based upon a quality physical product, great rooms and a great guest experience.
We offer our Owners a simple cost effective partnership with our 100% to commitment to their success including; 24/7 800 call center, 2-way reservations interface, 100% FREE PMS software, 24/7 tech support, 24/7 online booking engine at www.settleinn.com, proprietary & permanent sales and service training reinforced monthly for all system hotels, generous quarterly royalty fee discounts based upon service scores, experienced quality assurance staff, an exciting guest loyalty program and an overall approach to marketing that is fresh and fun. We currently offer two brand levels: Settle Inn and Settle Inn & Suites. Both brands target the mid-priced market segment and offer Developers at any stage: from first time Owner to experienced operator - to grow with America's friendliest brand.

About Hyatt

An upscale select service hotel with a modern attitude. Designed for multi-tasking travelers seeking a select service hotel, Hyatt Place properties offer smart design and a relaxed setting with a 24/7 guest kitchen and grab n go case. Located in urban, airport and suburban areas, Hyatt Place features casual hospitality in a contemporary, technology-enabled environment. Sixteen new Hyatt Place hotels opened in North America in 2010 and more than 30 are under development in the U.S., India, Panama, Costa Rica and the Netherlands.

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