Courtyard By Marriott vs Reverb hotel by Hard Rock Franchise Comparison

Moderately priced lodging brand "Designed by business travelers for business travelers."This lodging brand has recently increased its number of downtown locations, often through conversions of historical buildings *Features include: - 80 to 150 guest rooms - High-speed Internet access - Restaurant, lounge - Meeting space - Central courtyard - Exercise room - Swimming pool - 24-hour access to food

The total investment necessary to begin operation of a newly-constructed prototypical Courtyard by Marriott hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $11,131,210 to $23,540,410 for an 80 to 110-room Courtyard by Marriott hotel to $14,956,610 to $28,763,410 for a 120 to 150-room Courtyard by Marriott hotel. This includes approximately $179,300 to $229,300 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.