Element Hotels vs Hyatt Centric Franchise Comparison

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

Start-Up Costs and Fees
 
Element Hotels Franchise
Hyatt Centric Franchise
Investment $10,972,610 - $30,445,500$29,373,500 - $105,360,000
Franchise Fee $60,000$100,000
Royalty Fee 5.5%-
Advertising Fee --
Year Founded 19972015
Year Franchised 20172015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Element Hotels Franchise
Hyatt Centric Franchise
Experience --

Financing Options
 
Element Hotels Franchise
Hyatt Centric Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Element Hotels Franchise
Hyatt Centric Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Element Hotels Franchise
Hyatt Centric Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesYes

Company Overviews

About Element Hotels

"Element

Inspired by Westin, Element® is transforming the extended stay segment with bright, modern design, eco-conscious practices and an innovative guest experience that resonates with today’s traveler. From spacious guest rooms featuring fully equipped kitchens to spa-inspired bathrooms, guests have space to live their lives.
Element is a smarter, better place to stay.

About Hyatt Centric

"Hyatt
Start here. Discover everywhere.
Hyatt Centric hotels are located in the heart of the action, serving as the perfect spot for exploring all your destination has to offer.
Our Hyatt Centric hosts are destination experts