Choice Hotels vs Hard Rock Hotel Franchise Comparison

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

Start-Up Costs and Fees

 
Choice Hotels Franchise
Hard Rock Hotel Franchise
Investment $88,050 - $13,166,100$118,010,666 - $221,433,000
Franchise Fee $10,000 - $60,000$50,000
Royalty Fee Varies-
Advertising Fee Varies-
Year Founded 19392001
Year Franchised 19622001
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements

 
Choice Hotels Franchise
Hard Rock Hotel Franchise
Experience
  • Industry experience
  • General business experience
  • -

    Financing Options

     
    Choice Hotels Franchise
    Hard Rock Hotel Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Choice Hotels Franchise
    Hard Rock Hotel Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations-
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
    Operations Franchisees required to buy multiple units/master licenses

    Absentee ownership of franchise is allowed.

    -

    Expansion Plans

     
    Choice Hotels Franchise
    Hard Rock Hotel Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion YesYes

    Company Overviews

    About Choice Hotels

    A group of Southern motel owners got together in 1939 to discuss the state of the lodging industry, hoping to do something to change the negative opinion the public had about motels (FBI director J. Edgar Hoover had warned that motels were used as bases of operations by gangsters). owners set about to create a set of quality standards for motels and agreed to publish the names of establishments that complied with these standards. In 1940, the group officially named itself Quality Courts United Inc. In 1990, Quality became known as Choice Hotels International Inc. The hotels in the chain now include Sleep, Comfort, Quality, Clarion, Rodeway, Econo Lodge and Cambria.

    "Top     ""
    #29 in Canada's Top franchises.


    About Hard Rock Hotel


    "Hard
    Hard Rock Hotels span the globe with an uncompromising dedication to hospitality that promises so much more than merely a place to stay.
    We embrace the culture and character of each of our all-inclusive resorts collection locations with an energy and enthusiasm only found at Hard Rock.

    Our hotels are rooted in the spirit of music that all began with a guitar donated by rock legend Eric Clapton to London’s original Hard Rock Cafe. We offer a suite of services for guests that value the VIP treatment. And we welcome people from all walks of life in an all-inclusive way.
    Every Hard Rock Hotel takes the spirit of its destination and blends it with our vibrant collection of music and memorabilia.