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Updated RecentlyDoubletree Hotels, Suites, Resorts, Clubs vs Signature Inn Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Doubletree Hotels, Suites, Resorts, Clubs vs Signature Inn 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 | $3,216,500 - $6,275,000 |
| Franchise Fee | $75,000 | $7,500 |
| Royalty Fee | 5% | - |
| Advertising Fee | 4% | - |
| Year Founded | 1969 | 1986 |
| Year Franchised | 1989 | 1986 |
| 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/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 | - |
| 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. | - |
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 Signature Inn
!["Signature]("https://fddexchange.com/wp-content/uploads/2019/02/Signature.png")
Signature Inn invites guests to stay Outside Ordinary. With a cheap-chic design
and eye-catching branding, Signature Inn brings to life the golden age
of travel and gives it a retro-modern twist for an experience that is
just as unique as it is comfortable.Join
the Red Lion Hotel Corporation family and enjoy incredible benefits, including
affordable flat fees, reasonable agreements, flexible services and
amenities and strong revenue contribution.
The total investment necessary to convert an existing hotel into a 40-room Signature Inn Hotel is $153,000 to $932,500. This estimate includes $21,000 to $22,000 that must be paid to the franchisor.
The
total investment necessary for a newly-constructed 40-room Signature Inn
Hotel is $3,216,500 to $6,275,000, excluding the cost of purchasing or leasing
land or any real estate taxes. This estimate includes $21,000 that must
be paid to the franchisor.