Marriott Hotels & Resorts vs Hotel RL Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Marriott Hotels & Resorts vs Hotel RL including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$74,082,490 - $176,017,490 | $1,335,000 - $36,191,500 |
Franchise Fee |
$50,000 | $40,000 - $75,000 |
Royalty Fee |
- | 5% |
Advertising Fee |
- | 3.5% |
Year Founded |
- | 2005 |
Year Franchised |
- | 2005 |
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 |
- | - |
Company Overviews
About Marriott Hotels & Resorts
Flagship brand of quality-tier, full-service hotels & resorts Provides consistent, dependable, and genuinely caring experiences to guests on their terms Features include:
- Fully equipped fitness centers
- Gift shops
- Swimming pools
- Concierge levels
- Business centers
- Meeting facilities
- High-speed Internet access is available at many hotels
The total investment necessary to begin operation of a newly-constructed
300-guestroom Marriott Hotel, excluding the cost of real estate and
related costs (building permit, tap, and impact fees), ranges from
$74,082,490 to $117,152,490 and from $112,487,490 to $176,017,490 for a
newly-constructed 300 guestroom JW Marriott Hotel. This includes
approximately $419,000 to $491,000 for a 300 guestroom Marriott Hotel
and $454,000 to $526,000 for a 300-guestroom JW Marriott Hotel that must
be paid to the franchisor or an affiliate.
About Hotel RL
Hotel RL is an experience of all things authentic, creative and curious.
Offering a taste of the local scene in a laid-back environment, we
invite open-minded travelers to work, play and pursue their passions
freely. Made for explorers and curious minds, Hotel RL captures the spirit of
adventure and creativity within comfortable and modern conveniences
designed for a new generation of traveler, complete with exciting
lobbies, free Wi-Fi, trained Victrola Coffee baristas, performance
spaces, and more surprises along the way. Stay Curious.
The total investment necessary to begin operation of a 150-room Hotel RL Hotel with a minimal food and beverage offering is estimated to range
between $27,849,250 to $36,191,500 for new development and $1,335,000 to
$4,001,500 for conversion hotels. These amounts include $90,500 to
$111,000 that must be paid to the franchisor. These amounts do not
include the cost of purchasing or leasing land or any real estate taxes.