| ||||
Updated RecentlyFairfield Inns vs Hyatt Centric Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Fairfield Inns vs Hyatt Centric 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 | $29,373,500 - $105,360,000 |
| Franchise Fee | $50,000 - $60,000 | $100,000 |
| Royalty Fee | 5.5% | - |
| Advertising Fee | - | - |
| Year Founded | 1987 | 2015 |
| Year Franchised | 1987 | 2015 |
| 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 Hyatt Centric
!["Hyatt]("https://fddexchange.com/wp-content/uploads/2021/02/Hyatt-Centric.png")
Start here. Discover everywhere.
Hyatt Centric hotels are located in the heart of the action, serving as the
perfect spot for exploring all your destination has to offer.
Our Hyatt Centric hosts are destination experts