Hilton Garden Inn vs Econo Lodge Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hilton Garden Inn vs Econo Lodge including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$13,045,500 - $27,123,500 | $208,275 - $938,645 |
Franchise Fee |
$75,000 | $25,000 |
Royalty Fee |
5.5% | 4.5% |
Advertising Fee |
4% | 3.5% |
Year Founded |
1996 | - |
Year Franchised |
1996 | - |
Term Of Agreement |
22 years | 20 years |
Term Of Agreement |
22 years | 20 years |
Renewal Fee |
Same as initial fee | - |
Business Experience Requirements |
Experience |
Industry experience General business experience | - |
Financing Options |
|
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 |
Training |
On-The-Job Training
Classroom Training
| - |
Support |
Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform | - |
Marketing |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app | - |
Operations |
Number of employees needed to run franchised unit: 35 - 50
Absentee ownership of franchise is allowed.
| - |
Expansion Plans |
US Expansion |
Yes | - |
Canada Expansion |
No | - |
International Expansion |
Yes | - |
Company Overviews
About Hilton Garden Inn
Hilton Garden Inn is an upscale mid-priced, focused-service hotel concept. Through extensive research, Hilton has designed a hotel product that delivers just what guests need, and eliminates what they've said they don't use. Hilton Garden Inn, targeted toward the individual business traveler and the weekend leisure segment, is designed to provide the finest quality of essential services and amenities and eliminates the costly trappings of large-scale properties. It's a hotel that's value-engineered from the ground up and dedicated to guest comfort.
When you develop a Hilton Garden Inn hotel, you're not just developing a hotel, but a relationship with the entire Hilton Family of Hotels. Advantages like our friendly corporate staff, central reservations system, worldwide sales organization and award-winning Hilton HHonors guest loyalty to the Hilton Garden Inn brand, as more and more hotels open throughout North America.
Veteran Incentives Varies
#133 in Franchise 500 for 2020.
#89 in Franchise 500 for 2021.
About Econo Lodge
Econo Lodge hotels provide a great stay and a great value for business and leisure travelers.
Free wireless hotspots
Complimentary Breakfast by Econo Lodge
Free USA Today weekdays.
The total investment necessary to convert an existing hotel and begin
operation of a 63-room ECONO LODGE hotel franchise is between $208,275
and $938,645. This includes an affiliation fee of $250 per room for new
franchises, $500 per room for transfers and renewals ($25,000 minimum
for new franchises, $30,000 for transfers and renewals); a brand
activation fee of approximately $8,000 to $17,000; and orientation and
hospitality training fees of between $0 and $3,145 per person, all of
which are paid to the Franchisor or its affiliates. These sums do not
include the cost of any real estate taxes.