SpringHill Suites vs Reverb hotel by Hard Rock Franchise Comparison

Moderately priced, all-suite lodging brand Guest suites that are up to 25% larger than standard hotel rooms Features include: - Complimentary continental breakfast - Self-serve business center - Indoor pool - Whirlpool/spa (most locations) - High-speed internet access - Exercise room.

The total investment necessary to begin operation of a newly-constructed prototypical SpringHill Suites by Marriott hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $9,403,000 to $20,678,400 for an 80 to 110-suite SpringHill Suites by Marriott hotel and from $13,266,100 to $26,051,800 for a 120 to 150-suite SpringHill Suites by Marriott hotel. This includes approximately $150,300 to $207,100 that must be paid to the franchisor or an affiliate.

Hard Rock Hotel Licensing, Inc. offers franchises for the operation of an upscale, select-service hotel that operates under the name “Reverb.”

If you purchase a single franchised Hotel, the total investment necessary to begin operation of a Reverb franchise ranges from $15,445,000 to $37,020,000. This includes an amount ranging from $151,000 to $415,000 that must be paid to the franchisor and their affiliates.
If you purchase area development rights, the total investment necessary to begin operation of a Reverb franchise ranges from $15,445,000 to $37,020,000, plus an additional deposit fee that is calculated as: $50,000 for the 2nd Hotel you will develop under the area development agreement, plus $12,500 per Hotel for your 3rd and each additional Hotel you will commit to develop under the area development agreement. This includes an amount ranging from $151,000 to $415,000, plus the total amount of the deposit fee, that must be paid to the franchisor and their affiliates.