Marriott Hotels & Resorts vs Canopy Franchise Comparison

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

Start-Up Costs and Fees

 
Marriott Hotels & Resorts Franchise
Canopy Franchise
Investment $74,082,490 - $176,017,490$44,872,050 - $114,186,475
Franchise Fee $50,000$75,000
Royalty Fee -5%
Advertising Fee -4%
Year Founded -2007
Year Franchised -2007
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Marriott Hotels & Resorts Franchise
Canopy Franchise
Experience --

Financing Options

 
Marriott Hotels & Resorts Franchise
Canopy Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Marriott Hotels & Resorts Franchise
Canopy Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Marriott Hotels & Resorts Franchise
Canopy Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Marriott Hotels & Resorts

Flagship brand of quality-tier, full-service hotels & resorts Provides consistent, dependable, and genuinely caring experiences to guests on their terms Features include: - Fully equipped fitness centers - Gift shops - Swimming pools - Concierge levels - Business centers - Meeting facilities - High-speed Internet access is available at many hotels

The total investment necessary to begin operation of a newly-constructed 300-guestroom Marriott Hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $74,082,490 to $117,152,490 and from $112,487,490 to $176,017,490 for a newly-constructed 300 guestroom JW Marriott Hotel. This includes approximately $419,000 to $491,000 for a 300 guestroom Marriott Hotel and $454,000 to $526,000 for a 300-guestroom JW Marriott Hotel that must be paid to the franchisor or an affiliate.

About Canopy

"Canopy
The Hilton Performance Advantage is an integrated system of innovative solutions and advanced technologies that work together to drive increased business and keep costs down, without compromising quality. Together, these seven services provide access to the latest tools, technologies, forward-thinking strategies, and the most influential people in the industry to create an unrivaled competitive advantage.

#210 in Franchise 500 for 2021   Not in Franchise 500 for 2020