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Updated RecentlyHyatt Place Hotels vs Canopy Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hyatt Place Hotels vs Canopy including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $15,269,000 - $30,124,500 | $44,872,050 - $114,186,475 |
| Franchise Fee | $60,000 - $100,000 | $75,000 |
| Royalty Fee | - | 5% |
| Advertising Fee | - | 4% |
| Year Founded | 2005 | 2007 |
| Year Franchised | 2005 | 2007 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | Yes | Yes |
Company Overviews
About Hyatt Place Hotels
!["Hyatt]("https://fddexchange.com/wp-content/uploads/2019/01/Hyatt-Place-Hotels.png")
At
Hyatt Place we do things differently. We combine style, innovation and
24/7 convenience to create a perfectly seamless stay with every modern
comfort you deserve. You never have to settle for any place less than
Hyatt Place.
- Free Wi-Fi, everywhere
-A.M. Kitchen Skillet™ breakfast served daily, free with your stay
- 24/7 Gallery Menu
- Lobby Bar open daily
- Roomy Rooms including the Cozy Corner with sectional sofa
- Swiveling HDTVs and plush Hyatt Luxury Pillowtop Mattress in all guestrooms
- Necessities for forgotten essentials
- Over 350 locations worldwide
About Canopy
!["Canopy]("https://fddexchange.com/wp-content/uploads/2020/02/Canopy-300x83.png")
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