Hyatt vs Canopy Franchise Comparison

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

Start-Up Costs and Fees

 
Hyatt Franchise
Canopy Franchise
Investment $44,648,500 - $1,541,430,000$44,872,050 - $114,186,475
Franchise Fee $60,000 - $100,000$75,000
Royalty Fee -5%
Advertising Fee -4%
Year Founded 19572007
Year Franchised 20052007
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Hyatt Franchise
Canopy Franchise
Experience --

Financing Options

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

Training & Support

 
Hyatt Franchise
Canopy Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Hyatt Franchise
Canopy Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

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

About Canopy

"Canopy
The Hilton Performance Advantage is an integrated system of innovative solutions and advanced technologies that work together to drive increased business and keep costs down, without compromising quality. Together, these seven services provide access to the latest tools, technologies, forward-thinking strategies, and the most influential people in the industry to create an unrivaled competitive advantage.

#210 in Franchise 500 for 2021   Not in Franchise 500 for 2020