Fairfield Inns vs Reverb hotel by Hard Rock Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Fairfield Inns 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 |
Investment |
$8,491,200 - $22,730,300 | $15,445,000 - $37,020,000 |
Franchise Fee |
$50,000 - $60,000 | N/A |
Royalty Fee |
5.5% | - |
Advertising Fee |
- | - |
Year Founded |
1987 | - |
Year Franchised |
1987 | - |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
- | Yes |
Company Overviews
About Fairfield Inns
Consistent, quality lodging at an affordable price.
Features include:
- Spacious guest rooms
- Daily complimentary continental breakfast
- Swimming pool
- Future plans include a selection of Fairfield Inn & Suites properties offering exercise rooms and enhanced amenities.
The total investment necessary to begin operation of a newly-constructed
prototypical Fairfield by Marriott hotel, excluding the cost of real
estate and related costs (building permit, tap, and impact fees), ranges
from $8,491,200 to $17,927,000 for an 80 to 110-room Fairfield by
Marriott hotel and from $11,717,000 to $22,730,300 for a 120 to 150-room
Fairfield by Marriott hotel. This includes approximately $130,800 to
$205,300 that must be paid to the franchisor or an affiliate.
About Reverb hotel by Hard Rock
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.