Settle Inn vs Tempo by Hilton Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Settle Inn vs Tempo 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 | $16,056,445 - $76,966,375 |
Franchise Fee |
$25,000 | $75,000 |
Royalty Fee |
3%year 1, 3.5%thereafter | - |
Advertising Fee |
2.25% | - |
Year Founded |
1992 | 2007 |
Year Franchised |
1992 | 2020 |
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 |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
No | - |
International Expansion |
No | Yes |
Company Overviews
About Settle Inn
Since,1992, Settle Inn management has worked to establish a consistent and effective lodging system and grown to become a successful regional brand. Working with the AAFD in 2005, Settle Inn, LLC developed a franchise agreement that has been awarded the most franchise friendly contract in the lodging industry. Settle Inn is a hotel designed for hoteliers by hoteliers with a back-to-the-basics approach, and is based upon a quality physical product, great rooms and a great guest experience.
We offer our Owners a simple cost effective partnership with our 100% to commitment to their success including; 24/7 800 call center, 2-way reservations interface, 100% FREE PMS software, 24/7 tech support, 24/7 online booking engine at
www.settleinn.com, proprietary & permanent sales and service training reinforced monthly for all system hotels, generous quarterly royalty fee discounts based upon service scores, experienced quality assurance staff, an exciting guest loyalty program and an overall approach to marketing that is fresh and fun. We currently offer two brand levels:
Settle Inn and
Settle Inn & Suites. Both brands target the mid-priced market segment and offer Developers at any stage: from first time Owner to experienced operator - to grow with America's friendliest brand.
About Tempo by Hilton
Hilton expects the first Tempo property to open in 2021 and is looking
to target mainly urban and surban (areas just outside a major city that
still offer a range of urban amenities) markets.Hilton has long championed the efficiencies of multi-brand
properties, and Tempo by Hilton will pursue those opportunities when
they are a good fit for a particular destination.
Currently,
there’s neither a set cost per key nor a minimum/maximum on room
counts. The numbers will be market dependent, although the company
anticipates 150 keys on average and is positioning Tempo to compete at
roughly a 15 percent higher average daily rate than a Hilton Garden Inn
in the same market.