| ||||
Updated RecentlyHospitality vs Canopy Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hospitality vs Canopy including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $133,600 - $2,602,000 | $44,872,050 - $114,186,475 |
| Franchise Fee | $5,000 - $15,000 | $75,000 |
| Royalty Fee | $35/rm/night | 5% |
| Advertising Fee | - | 4% |
| Year Founded | 1971 | 2007 |
| Year Franchised | 1982 | 2007 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | Classroom Training: 10.5 hours Additional Training: At regional training seminars | - |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | - |
| Marketing | Ad Templates Regional Advertising Social media Website development Email marketing | - |
| Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | - |
Expansion Plans |
||
| US Expansion | Yes | Yes |
| Canada Expansion | Yes | - |
| International Expansion | Yes | Yes |
Company Overviews
About Hospitality
Southern Scottish Inns Inc. and Red Carpet Inns Int'l. Inc. founded Hospitality Int'l. Inc. in 1982.
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
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