WaterWalk Hotels and Apartments vs Hotel RL Franchise Comparison

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

Start-Up Costs and Fees

 
WaterWalk Hotels and Apartments Franchise
Hotel RL Franchise
Investment $19,960,000 - $25,430,000$1,335,000 - $36,191,500
Franchise Fee $50,000$40,000 - $75,000
Royalty Fee -5%
Advertising Fee -3.5%
Year Founded 20142005
Year Franchised 20142005
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
WaterWalk Hotels and Apartments Franchise
Hotel RL Franchise
Experience --

Financing Options

 
WaterWalk Hotels and Apartments Franchise
Hotel RL Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
WaterWalk Hotels and Apartments Franchise
Hotel RL Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
WaterWalk Hotels and Apartments Franchise
Hotel RL Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About WaterWalk Hotels and Apartments

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WaterWalk offers both well-appointed hotel suites and all-inclusive apartments. Stay a few days or settle in for a while.
We do hospitality right. Every time.

The total investment necessary to begin operation of a WaterWalk Property ranges from $19,960,000 to $25,430,000. This includes the initial fees owed to  WaterWalk varying from between $137,000 and $647,500 that must be paid to WaterWalk or its affiliates when the Property has no more than 153 units. If the Property will have more than 153 units, the payment to  WaterWalk and its affiliates and the total investment is increased by $375 per each additional unit.





About Hotel RL

"Hotel

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.