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Updated RecentlyTempo by Hilton Franchise
Lodging
to target mainly urban and surban (areas just outside a major city that
still offer a range of urban amenities) markets.Hilton has long championed the efficiencies of multi-brand
properties, and Tempo by Hilton will pursue those opportunities when
they are a good fit for a particular destination.
Currently,
there’s neither a set cost per key nor a minimum/maximum on room
counts. The numbers will be market dependent, although the company
anticipates 150 keys on average and is positioning Tempo to compete at
roughly a 15 percent higher average daily rate than a Hilton Garden Inn
in the same market.
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How much does it cost to open a Tempo by Hilton Franchise?
The investment required to open a Tempo by Hilton Franchise is between $16,056,445-$76,966,375. There is an initial franchise fee of $75,000 which grants you the license to run a business under the Tempo by Hilton name.
Individual Unit Costs
- Initial Investment:
$16,056,445-$76,966,375 - Initial Franchise Fee:
$75,000 - Royalty Fee:
N/A - Advertising Fee:
N/A
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When did Tempo by Hilton start Franchising? 2020
United States: Nationwide
International: Worldwide
Your income potential as a Tempo by Hilton Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your operation costs and increasing the quality of your products and or services. Each month your operating costs can include mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the next, you may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.
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Listing Tags
Legal Disclaimer: This information is not a franchise offering for Tempo by Hilton 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 Tempo by Hilton franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Tempo by Hilton
7930 Jones Branch Dr., #1100
McLean,
VA
22102