Comfort Inn vs Hyatt Place Hotels Franchise Comparison

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

Start-Up Costs and Fees

 
Comfort Inn Franchise
Hyatt Place Hotels Franchise
Investment $307,125 - $9,243,275$15,269,000 - $30,124,500
Franchise Fee $50,000$60,000 - $100,000
Royalty Fee 5.65%-
Advertising Fee 3.85%-
Year Founded 19812005
Year Franchised 19812005
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements

 
Comfort Inn Franchise
Hyatt Place Hotels Franchise
Experience --

Financing Options

 
Comfort Inn Franchise
Hyatt Place Hotels Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Comfort Inn Franchise
Hyatt Place Hotels Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Comfort Inn Franchise
Hyatt Place Hotels Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Comfort Inn

The leading midscale, limited-service brand in the world.
The total investment necessary to convert an existing hotel and begin operation of an 80-room COMFORT hotel franchise is between $307,125-$1,967,495. The total investment necessary to begin operation of a newly constructed 80-room COMFORT INN or COMFORT INN & SUITES hotel franchise is between $4,638,625-$8,393,895, and the total investment necessary to begin operation of a newly constructed 86-room COMFORT SUITES hotel franchise is between $5,119,845-$9,243,275. This includes the following fees that must be paid to the franchisor or its affiliates as follows: an affiliation fee of $500 per room for new franchises, $750 per room for transfers and renewals ($50,000 minimum for new franchises, $65,000 minimum for transfers and renewals); a property management system software license and systems training fee of between $10,750 and $14,750; and orientation and hospitality training fees of between $0 and $3,245 per person. These sums do not include the cost of purchasing or leasing land or any real estate taxes.

About Hyatt Place Hotels

"Hyatt
At Hyatt Place we do things differently. We combine style, innovation and 24/7 convenience to create a perfectly seamless stay with every modern comfort you deserve. You never have to settle for any place less than Hyatt Place.
- Free Wi-Fi, everywhere
-A.M. Kitchen Skilletâ„¢ breakfast served daily, free with your stay
- 24/7 Gallery Menu
- Lobby Bar open daily
- Roomy Rooms including the Cozy Corner with sectional sofa
- Swiveling HDTVs and plush Hyatt Luxury Pillowtop Mattress in all guestrooms
- Necessities for forgotten essentials
- Over 350 locations worldwide