Hyatt vs Element Hotels Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hyatt vs Element Hotels including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Hyatt Franchise
Element Hotels Franchise
Investment $44,648,500 - $1,541,430,000$10,972,610 - $30,445,500
Franchise Fee $60,000 - $100,000$60,000
Royalty Fee -5.5%
Advertising Fee --
Year Founded 19571997
Year Franchised 20052017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Hyatt Franchise
Element Hotels Franchise
Experience --

Financing Options
 
Hyatt Franchise
Element Hotels Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Hyatt Franchise
Element Hotels Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Hyatt Franchise
Element Hotels Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Hyatt

An upscale select service hotel with a modern attitude. Designed for multi-tasking travelers seeking a select service hotel, Hyatt Place properties offer smart design and a relaxed setting with a 24/7 guest kitchen and grab n go case. Located in urban, airport and suburban areas, Hyatt Place features casual hospitality in a contemporary, technology-enabled environment. Sixteen new Hyatt Place hotels opened in North America in 2010 and more than 30 are under development in the U.S., India, Panama, Costa Rica and the Netherlands.

"franchiserankingscom"
#81 on Franchise Rankings.com

About Element Hotels

"Element

Inspired by Westin, Element® is transforming the extended stay segment with bright, modern design, eco-conscious practices and an innovative guest experience that resonates with today’s traveler. From spacious guest rooms featuring fully equipped kitchens to spa-inspired bathrooms, guests have space to live their lives.
Element is a smarter, better place to stay.