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Updated RecentlyDoubletree Hotels, Suites, Resorts, Clubs vs Cobblestone Inn and Suites Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Doubletree Hotels, Suites, Resorts, Clubs vs Cobblestone Inn and Suites including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $22,843,700 - $79,169,000 | $64,799 - $8,738,497 |
| Franchise Fee | $75,000 | $35,000 |
| Royalty Fee | 5% | $3/room/day |
| Advertising Fee | 4% | .25/room/day |
| Year Founded | 1969 | 2008 |
| Year Franchised | 1989 | 2012 |
| Term Of Agreement | 10 years | 20 years |
| Term Of Agreement | 10 years | 20 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/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | General manager training prior to certification for opening On-The-Job Training Classroom Training | *5 days at Headquarters *14 days at the Hotel location *up to 14 days at each new Hotel location |
| 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: 100 Absentee ownership of franchise is allowed. | 90% are owner/Operators. 10% are investors Approx. 7 Full Time employees are necessary for each Hotel |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | Yes |
Company Overviews
About Doubletree Hotels, Suites, Resorts, Clubs
The first Doubletree hotel opened in 1969 in Scottsdale, Arizona.
Franchising began in 1989, and ten years later the company was acquired
by Hilton Hotels Worldwide
With a quickly developing accumulation of contemporary, upscale facilities in more than 150 passage urban areas, metropolitan zones and excursion goals through the U.S., Canada and Latin America, Doubletree is a particularly composed arrangement of properties that gives genuine solace to today's business and relaxation explorers.
From a large number of pleased inn visitors who are invited with the brand's amazing, warm chocolate chip treats at registration to the benefits of the honor winning Hilton HHonors visitor compensate program, Doubletree conveys a fantastic ordeal to its visitors wherever their ventures may take them.
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#103 in Franchise 500 for 2020.
#73 in Franchise 500 for 2021.
About Cobblestone Inn and Suites
Cobblestone Inn and Suites are unique properties that offer superb curb appeal which gives our arriving guests a wonderful sense of arrival. These properties feature state of the art technology that allows for exceptional operation and marketing functionality. All guest rooms are enhanced with telecommunications and advanced business-oriented amenities such as high speed wireless internet access in all of the guest rooms and public spaces. Since our guest mix includes equal parts of leisure guests and business travelers, Cobblestone Inn and Suites helps our properties stay balanced seven days a week.
Cobblestone is filling the lodging needs of many smaller communities by introducing our upper mid-scale all new build brands. This cohesive approach of community and entrepreneurship provides the catalyst for success for all shareholders. Cobblestone Inn and Suites' is "Paving the Future of Hotel Ownership"
The total investment necessary to begin operation of a Cobblestone Inn and Suites franchised business is between $3,492,499 and $8,738,497 for a newly constructed hotel. This includes between $52,999
and $77,997 that must be paid to the franchisor or its affiliate(s).
The
total investment necessary to begin operation of a Cobblestone Inn and Suites franchised business is between $64,799 and $1,658,797 for the conversion of an existing hotel. This includes between $52,999 and
$77,997 that must be paid to the franchisor or its affiliate(s).