AFM Hospitality Corporation vs Tempo by Hilton Franchise Comparison

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

Start-Up Costs and Fees
 
AFM Hospitality Corporation Franchise
Tempo by Hilton Franchise
Investment $2,000,000 - $20,000,000$16,056,445 - $76,966,375
Franchise Fee $35,000$75,000
Royalty Fee 3%-
Advertising Fee 4%-
Year Founded 19912007
Year Franchised 19922020
Term Of Agreement 5/5/5/5 Years-
Term Of Agreement 5/5/5/5 Years-
Renewal Fee --


Business Experience Requirements
 
AFM Hospitality Corporation Franchise
Tempo by Hilton Franchise
Experience --

Financing Options
 
AFM Hospitality Corporation Franchise
Tempo by Hilton Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
AFM Hospitality Corporation Franchise
Tempo by Hilton Franchise
Training On-Site 3-5 Days-
Support Central Data Processing:

Central Purchasing:

Field Operation Evaluation:

Field Training:

Initial Store Opening:

Franchisee Newsletter:

Regional or National Meetings:

800 Telephone Hotline:

-
Marketing --
Operations --

Expansion Plans
 
AFM Hospitality Corporation Franchise
Tempo by Hilton Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About AFM Hospitality Corporation

AFM is dedicated to being the best in hospitality services, nationwide. Wherever possible, the services we provide have been centralized, allowing the company to capitalize on economies of scale. All brands receive full training, quality assurance and franchise service support provided by a team of industry experts. The growth strategy for the company has been developed by a team of professionals, each with a specific area of expertise in the hospitality trade.

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.