SpringHill Suites vs Hyatt Franchise Comparison

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

Start-Up Costs and Fees

 
SpringHill Suites Franchise
Hyatt Franchise
Investment $9,403,000 - $26,051,800$44,648,500 - $1,541,430,000
Franchise Fee $60,000 - $100,000$60,000 - $100,000
Royalty Fee --
Advertising Fee --
Year Founded 19981957
Year Franchised 19982005
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
SpringHill Suites Franchise
Hyatt Franchise
Experience --

Financing Options

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

Training & Support

 
SpringHill Suites Franchise
Hyatt Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
SpringHill Suites Franchise
Hyatt Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

About SpringHill Suites

Moderately priced, all-suite lodging brand Guest suites that are up to 25% larger than standard hotel rooms Features include: - Complimentary continental breakfast - Self-serve business center - Indoor pool - Whirlpool/spa (most locations) - High-speed internet access - Exercise room.

The total investment necessary to begin operation of a newly-constructed prototypical SpringHill Suites by Marriott hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $9,403,000 to $20,678,400 for an 80 to 110-suite SpringHill Suites by Marriott hotel and from $13,266,100 to $26,051,800 for a 120 to 150-suite SpringHill Suites by Marriott hotel. This includes approximately $150,300 to $207,100 that must be paid to the franchisor or an affiliate.

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.

"franchiserankingscom"
#81 on Franchise Rankings.com