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Updated RecentlyTownePlace Suites vs Hard Rock Hotel Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of TownePlace Suites vs Hard Rock Hotel including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $9,180,100 - $25,635,600 | $118,010,666 - $221,433,000 |
| Franchise Fee | $50,000 - $100,000 | $50,000 |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | 1997 | 2001 |
| Year Franchised | 1997 | 2001 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal 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 | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About TownePlace Suites
TownePlace Suites: The Special Features of Our Extended Stay Hotels
For your comfort
Our extended stay hotel offers suites that are 25% larger than typical hotel rooms
Luxury bedding - crisp linens, fluffier pillows, thicker mattresses
Separate living and sleeping areas
Three spacious floor plans: studio, 1- and 2-bedroom suites
Electronic card-key locks
Smoke detectors and sprinklers
For your convenience
Fully equipped kitchen including conventional full-size refrigerator/freezer, stovetop, oven, coffee maker, microwave, eating utensils, and dishwasher
Adjoining studio suites available
Suites designed for persons with disabilities available
Sofa bed in some suites
Separate telephone and data lines
Iron and ironing board
For your routines & relaxation
Free high-speed Internet (in many hotels)
Remote-controlled TV with premium channels, including HBO
Exercise room & outdoor swimming pool
The total investment necessary to begin operation of a newly-constructed
prototypical TownePlace Suites by Marriott hotel, excluding the cost of
real estate and related costs (building permit, tap, and impact fees),
ranges from $9,180,100 to $19,898,300 for an 80 to 110-suite TownePlace
Suites by Marriott hotel and from $13,127,900 to $25,635,600 for a 120
to 150-suite TownePlace Suites by Marriott hotel. This includes
approximately $150,300 to $217,100 that must be paid to the franchisor
or an affiliate.
About Hard Rock Hotel
!["Hard]("https://fddexchange.com/wp-content/uploads/2020/08/Hard-Rock-Hotel.png")
Hard
Rock Hotels span the globe with an uncompromising dedication to
hospitality that promises so much more than merely a place to stay.
We embrace the culture and character of each of our all-inclusive resorts
collection locations with an energy and enthusiasm only found at Hard
Rock.
Our hotels are rooted in the spirit of music that all began with a guitar
donated by rock legend Eric Clapton to London’s original Hard Rock Cafe.
We offer a suite of services for guests that value the VIP treatment.
And we welcome people from all walks of life in an all-inclusive way.
Every Hard Rock Hotel takes the spirit of its destination and blends it with
our vibrant collection of music and memorabilia.