Marriott Conference Centers vs Tempo by Hilton Franchise Comparison

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

Start-Up Costs and Fees

 
Marriott Conference Centers Franchise
Tempo by Hilton Franchise
Investment $5,000,000 - $7,000,000$16,056,445 - $76,966,375
Franchise Fee $50,000$75,000
Royalty Fee --
Advertising Fee --
Year Founded -2007
Year Franchised -2020
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Marriott Conference Centers Franchise
Tempo by Hilton Franchise
Experience --

Financing Options

 
Marriott Conference Centers Franchise
Tempo by Hilton Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Marriott Conference Centers Franchise
Tempo by Hilton Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Marriott Conference Centers Franchise
Tempo by Hilton Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Marriott Conference Centers

Quality-tier brand specializing in highly effective small- to mid-sized meetings Properties provide: - The latest audiovisual communications technology - Experiential learning facilities - Gourmet conference dining - Golf - Recreational/fitness venues

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About Tempo by Hilton

"Tempo
Hilton expects the first Tempo property to open in 2021 and is looking to target mainly urban and surban (areas just outside a major city that still offer a range of urban amenities) markets.Hilton has long championed the efficiencies of multi-brand properties, and Tempo by Hilton will pursue those opportunities when they are a good fit for a particular destination. Currently, there’s neither a set cost per key nor a minimum/maximum on room counts. The numbers will be market dependent, although the company anticipates 150 keys on average and is positioning Tempo to compete at roughly a 15 percent higher average daily rate than a Hilton Garden Inn in the same market.