voco hotels vs Hyatt Place Hotels Franchise Comparison

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

Start-Up Costs and Fees

 
voco hotels Franchise
Hyatt Place Hotels Franchise
Investment $15,963,880 - $46,738,600$15,269,000 - $30,124,500
Franchise Fee $75,000$60,000 - $100,000
Royalty Fee 0-
Advertising Fee 0-
Year Founded 20202005
Year Franchised 20202005
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
voco hotels Franchise
Hyatt Place Hotels Franchise
Experience --

Financing Options

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

Training & Support

 
voco hotels Franchise
Hyatt Place Hotels Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
voco hotels Franchise
Hyatt Place Hotels Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesYes

Company Overviews

About voco hotels

"voco

Drawing on their years of experience in delivering True Hospitality, voco Hotels, gives people a different choice.

The voco™ brand offers owners the ability to drive higher returns by delivering a distinctive, compelling, experiential consumer proposition and leveraging IHG's powerful resources.
voco is leading a trend towards conversions, which we’re seeing across the full breadth of our portfolio and accounted for a quarter of IHG’s signings overall in the first half of 2020



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 Skillet™ 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