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Updated RecentlyHampton Inn/Hampton Inn & Suites Franchise
Mid-priced hotels
was the first mid-price national hotel chain to begin offering a free
continental breakfast and free local phone calls. In 1995, the Hampton
brand introduced Hampton Inn & Suites, which consisted of two-room
suite hotel rooms with living rooms and kitchen areas. In 1999, Hampton Inn was acquired by Hilton Worldwide, which has hotels in more than 90 countries.
Franchisees of Hampton Hotels will not only be aligning with a leading, emerging brand in the hotel industry, but also the parent company of Hilton Worldwide, which has a proven, dominant track record in the hotel industry. Franchisees have the peace of mind that many successful people will be behind them to support their business endeavors.
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How much does it cost to open a Hampton Inn/Hampton Inn & Suites Franchise?
The investment required to open a Hampton Inn/Hampton Inn & Suites Franchise is between $7,662,800-$20,306,500. There is an initial franchise fee of $75,000 which grants you the license to run a business under the Hampton Inn/Hampton Inn & Suites name.
Individual Unit Costs
- Initial Investment:
$7,662,800-$20,306,500 - Initial Franchise Fee:
$75,000 - Royalty Fee:
6% - Advertising Fee:
4% - Term of Agreement:
20 years - Renewal Fee:
Same as initial fee
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Hampton Inn/Hampton Inn & Suites News & Press Releases
When did Hampton Inn/Hampton Inn & Suites start Franchising? 1984
International: Worldwide
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | Yes |
| Payroll | No | Yes |
Other Financing Source(s): 3rd-party financing available
Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Co-op advertising, Ad slicks, National media, Regional advertising
Number of employees needed to run franchised unit: 25
Absentee ownership of franchise is allowed.
Business Experience:
To calculate how much income a franchise owner can do at Hampton Inn/Hampton Inn & Suites Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
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Listing Tags
Legal Disclaimer: This information is not a franchise offering for Hampton Inn/Hampton Inn & Suites and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Hampton Inn/Hampton Inn & Suites franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Hampton Inn/Hampton Inn & Suites
Hampton Inn/Hampton Inn & Suites
7930 Jones Branch Dr., #1100
McLean,
VA
22102