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Updated RecentlyDoubletree Hotels, Suites, Resorts, Clubs vs WaterWalk Hotels and Apartments Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Doubletree Hotels, Suites, Resorts, Clubs vs WaterWalk Hotels and Apartments 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 | $19,960,000 - $25,430,000 |
| Franchise Fee | $75,000 | $50,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | 4% | - |
| Year Founded | 1969 | 2014 |
| Year Franchised | 1989 | 2014 |
| 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 | - |
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 WaterWalk Hotels and Apartments
!["httpsfddexchangecomwp-contentuploads202001WaterWalkpng"]("https://fddexchange.com/wp-content/uploads/2020/01/WaterWalk.png")
WaterWalk offers both well-appointed hotel suites and all-inclusive
apartments. Stay a few days or settle in for a while.
We do hospitality right. Every time.
The total investment necessary to begin operation of a WaterWalk
Property ranges from $19,960,000 to $25,430,000. This includes the
initial fees owed to WaterWalk varying from between $137,000 and $647,500
that must be paid to WaterWalk or its affiliates when the Property has no
more than 153 units. If the Property will have more than 153 units, the
payment to WaterWalk and its affiliates and the total investment is increased
by $375 per each additional unit.