Hampton Inn/Hampton Inn & Suites vs COMPASS by Margaritaville Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hampton Inn/Hampton Inn & Suites vs COMPASS by Margaritaville including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Hampton Inn/Hampton Inn & Suites Franchise
COMPASS by Margaritaville Franchise
Investment $7,662,800 - $20,306,500$9,010,000 - $31,395,000
Franchise Fee $75,000N/A
Royalty Fee 6%-
Advertising Fee 4%-
Year Founded 19832020
Year Franchised 19842020
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee Same as initial fee-


Business Experience Requirements
 
Hampton Inn/Hampton Inn & Suites Franchise
COMPASS by Margaritaville Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    Hampton Inn/Hampton Inn & Suites Franchise
    COMPASS by Margaritaville 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/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    Hampton Inn/Hampton Inn & Suites Franchise
    COMPASS by Margaritaville Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
    Operations

    Number of employees needed to run franchised unit: 25

    Absentee ownership of franchise is allowed.

    		-

    Expansion Plans
     
    Hampton Inn/Hampton Inn & Suites Franchise
    COMPASS by Margaritaville Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Hampton Inn/Hampton Inn & Suites

    The first Hampton Inn opened in Memphis, Tennessee in 1984. Hampton Inn was the first mid-price national hotel chain to begin offering a free continental breakfast and free local phone calls. In 1995, the Hampton brand introduced Hampton Inn & Suites, which consisted of two-room suite hotel rooms with living rooms and kitchen areas.     In 1999, Hampton Inn was acquired by Hilton Worldwide, which has hotels in more than 90 countries.
    Hampton hotels offer a 100% guarantee. If guests are not completely happy with the clean rooms and friendly service, Hampton Hotels vows to refund the cost of the stay. Franchisees of Hampton Hotels will not only be aligning with a leading, emerging brand in the hotel industry, but also the parent company of Hilton Worldwide, which has a proven, dominant track record in the hotel industry. Franchisees have the peace of mind that many successful people will be behind them to support their business endeavors.

    "franchiserankingscom"    "Entrepreneur
    #19 on Franchise Rankings.com
    #30 in Franchise 500 for 2020.
    #24 in Franchise 500 for 2021.




    About COMPASS by Margaritaville


    "Compass
    Brand-new in 2020, Compass Hotels by Margaritaville brings our signature island vibe to a whole new range of locations. Dropping anchor in up-and-coming neighborhoods, established vacation hotspots, college towns, coastal retreats, and bustling downtown centers - Compass is poised to deliver a tall, cold glass of chill to anyone who’s looking for a tropical-style escape. Discover a whole new latitude. Invest in a Compass.