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 |
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 |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
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
About Tempo by Hilton
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.