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Updated RecentlyHilton Hotels & Resorts vs Canopy Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hilton Hotels & Resorts vs Canopy including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $30,581,105 - $128,987,095 | $44,872,050 - $114,186,475 |
| Franchise Fee | $75,000 | $75,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 4% | 4% |
| Year Founded | 1919 | 2007 |
| Year Franchised | 1965 | 2007 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | Same as initial fee | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
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| Training | On-The-Job Training Classroom Training | - |
| Support | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
| Marketing | Ad Templates National Media SEO Loyalty program/app | - |
| Operations |
Number of employees needed to run franchised unit: 150 Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | Yes |
Company Overviews
About Hilton Hotels & Resorts
Hilton is part of the portfolio of brands at Hilton Worldwide,
which has hotels in more than 90 countries. Other Hilton Worldwide
brands include Waldorf Astoria Hotels & Resorts, Conrad Hotels &
Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hampton by
Hilton, Hilton Garden Inn, Homewood Suites by Hilton, Home2 Suites by
Hilton, Curio - A Collection by Hilton, Canopy by Hilton and Hilton
Grand Vacations.
Veteran Incentives Varies
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#101 in Franchise 500 for 2020.
#132 in Franchise 500 for 2021.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