Hawthorn Suites vs Reverb hotel by Hard Rock Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hawthorn Suites vs Reverb hotel by Hard Rock including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Hawthorn Suites Franchise
Reverb hotel by Hard Rock Franchise
Investment $225,693 - $12,785,326$15,445,000 - $37,020,000
Franchise Fee $40,000 - $44,500N/A
Royalty Fee 5.5%-
Advertising Fee 2.5%-
Year Founded 1986-
Year Franchised 1986-
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee 50% of current franchise fee-


Business Experience Requirements

 
Hawthorn Suites Franchise
Reverb hotel by Hard Rock Franchise
Experience --

Financing Options

 
Hawthorn Suites Franchise
Reverb hotel by Hard Rock Franchise
  In-House/3rd PartyIn-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

 
Hawthorn Suites Franchise
Reverb hotel by Hard Rock Franchise
Training Available at headquarters, Available at franchisee's location, At regional location-
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-
Operations 20% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 20 - 30

Absentee ownership of franchise is allowed.

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Expansion Plans

 
Hawthorn Suites Franchise
Reverb hotel by Hard Rock Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion YesYes

Company Overviews

About Hawthorn Suites

Hawthorn Suites was established by Hyatt Hotels in 1986. Since 1998, the establishment has been possessed by Wyndham Hotel Group. At each Hawthorn Suites, visitor administrations incorporate a complimentary smorgasbord breakfast and night social hour, practice offices, videocassette players, and on location clothing and valet benefit. Business administrations incorporate a larger than average work zone with two telephone lines and an information port, individual phone message and a complimentary day by day paper.

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#365 in Franchise 500 for 2020.






About Reverb hotel by Hard Rock

"Reverb

Hard Rock Hotel Licensing, Inc. offers franchises for the operation of an upscale, select-service hotel that operates under the name “Reverb.”

If you purchase a single franchised Hotel, the total investment necessary to begin operation of a Reverb franchise ranges from $15,445,000 to $37,020,000. This includes an amount ranging from $151,000 to $415,000 that must be paid to the franchisor and their affiliates.
If you purchase area development rights, the total investment necessary to begin operation of a Reverb franchise ranges from $15,445,000 to $37,020,000, plus an additional deposit fee that is calculated as: $50,000 for the 2nd Hotel you will develop under the area development agreement, plus $12,500 per Hotel for your 3rd and each additional Hotel you will commit to develop under the area development agreement. This includes an amount ranging from $151,000 to $415,000, plus the total amount of the deposit fee, that must be paid to the franchisor and their affiliates.