Candlewood Suites vs Reverb hotel by Hard Rock Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Candlewood Suites vs Reverb hotel by Hard Rock including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Candlewood Suites Franchise
Reverb hotel by Hard Rock Franchise
Investment $7,807,040 - $10,716,900$15,445,000 - $37,020,000
Franchise Fee $50,000N/A
Royalty Fee 5%-
Advertising Fee --
Year Founded 1995-
Year Franchised 1996-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Candlewood Suites Franchise
Reverb hotel by Hard Rock Franchise
Experience --

Financing Options

 
Candlewood Suites Franchise
Reverb hotel by Hard Rock Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/Yes-/-
Payroll -/Yes-/-

Training & Support

 
Candlewood Suites Franchise
Reverb hotel by Hard Rock Franchise
Training On-The-Job Training: Varies Classroom Training: Varies -
Support Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform -
Marketing Ad Templates National Media SEO Loyalty program/app-
Operations --

Expansion Plans

 
Candlewood Suites Franchise
Reverb hotel by Hard Rock Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Candlewood Suites

At Candlewood Suites® hotels we offer a more casual kind of longer stay, where you’ll always feel at home, at your best and really productive while on the road. All of our locations throughout the Americas are easily accessible and we’re always opening new hotels, so guests can book a spacious suite whenever and wherever it works for them.
Candlewood Suites gives you the amenities that make you feel at home. Fully-equipped suites, room to spread out, space to work and space to relax.

About Reverb hotel by Hard Rock

"Reverb

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.