|
Below is an in-depth analysis and side-by-side comparison of Settle Inn vs Curio Collection by Hilton including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $2,763,290 - $3,687,220 | $3,592,500 - $112,436,500 |
Franchise Fee | $25,000 | $75,000 |
Royalty Fee | 3%year 1, 3.5%thereafter | 5% |
Advertising Fee | 2.25% | 4% |
Year Founded | 1992 | 2014 |
Year Franchised | 1992 | 2014 |
Term Of Agreement | 10 years, 5 years thereafter | - |
Term Of Agreement | 10 years, 5 years thereafter | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
||
Training | - | On-The-Job Training: Varies Classroom Training: Varies |
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 | - | - |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
There is extraordinary. And then there is Curio.
Some are well known. Some are local legends.
But each hotel in the Curio Collection is a masterpiece that reflects the best of its surroundings.