La Quinta vs Tapestry Collection by Hilton Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of La Quinta vs Tapestry Collection by Hilton including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
La Quinta Franchise
Tapestry Collection by Hilton Franchise
Investment $3,822,657 - $12,901,630$3,005,105 - $95,336,595
Franchise Fee $55,000$75,000
Royalty Fee 4-4.5%5%
Advertising Fee 4.5%4%
Year Founded 19682016
Year Franchised 20012016
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements

 
La Quinta Franchise
Tapestry Collection by Hilton Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    La Quinta Franchise
    Tapestry Collection by Hilton Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/Yes
    Start-up Costs No/Yes-/Yes
    Equipment No/Yes-/Yes
    Inventory No/Yes-/Yes
    Receivables No/No-/Yes
    Payroll No/No-/Yes

    Training & Support

     
    La Quinta Franchise
    Tapestry Collection by Hilton Franchise
    Training - Classroom Training: 141-180 hours Additional Training: Online
    Support Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives Ongoing Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Supportmn Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations 15% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 20 - 25

    Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    La Quinta Franchise
    Tapestry Collection by Hilton Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About La Quinta

    La Quinta is one of the fastest growing mid-scale hotels with properties across the US, Canada and Mexico. Our purpose is to provide a refreshing and engaging environment that builds long-lasting, valuable relationships with employees, guests, owners and partners. La Quinta is a proud participant in VetFran, and is honored to offer veterans of our armed forces great incentives and enhanced resources for becoming a part of the La Quinta family.
    Veteran Incentives: 50% off application/franchise fees; development incentive of up to $4,000/room

    The total investment necessary to begin operation of a La Quinta Inn & Suites franchise for a 109-room new construction facility ranges from $10,348,042 to $12,901,630, including $71,050 to $91,500 that must be paid to the franchisor or an affiliate.
    The total investment necessary to begin operation of a La Quinta Inn & Suites franchise for a 100-room conversion facility ranges from $3,822,657 to $6,101,522 including $66,100 to $86,550 that must be paid to the franchisor or an affiliate. Land acquisition and site preparation costs are not included in these ranges.

    "Entrepreneur

    #193 in Franchise 500 for 2020.
    #217 in Franchise 500 for 2021.






    About Tapestry Collection by Hilton

    "Tapestry

    We are proud and fiercely independent.
    We are Tapestry Collection™ by Hilton.
    A collection of hotels bringing unapologetic originality to any and every place it calls home.

    Seeking new franchise units throughout the U.S.,  Canada, Central America, Mexico and South America

    Veteran Incentives  Varies
    #178 in Franchise 500 for 2021   Not in Franchise 500 for 2020.