WoodSpring Suites vs Tapestry Collection by Hilton Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of WoodSpring Suites vs Tapestry Collection by Hilton including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
WoodSpring Suites Franchise
Tapestry Collection by Hilton Franchise
Investment $5,035,000 - $7,031,000$3,005,105 - $95,336,595
Franchise Fee $50,000$75,000
Royalty Fee 5%5%
Advertising Fee 2.5%4%
Year Founded 20032016
Year Franchised 20042016
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
WoodSpring Suites Franchise
Tapestry Collection by Hilton Franchise
Experience --

Financing Options

 
WoodSpring Suites Franchise
Tapestry Collection by Hilton Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/Yes
Start-up Costs -/Yes-/Yes
Equipment -/Yes-/Yes
Inventory -/Yes-/Yes
Receivables -/Yes-/Yes
Payroll -/Yes-/Yes

Training & Support

 
WoodSpring Suites Franchise
Tapestry Collection by Hilton Franchise
Training On-The-Job Training: Upon request Classroom Training: Varies Classroom Training: 141-180 hours Additional Training: Online
Support Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Ongoing Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Supportmn Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Marketing - Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations --

Expansion Plans

 
WoodSpring Suites Franchise
Tapestry Collection by Hilton Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

About WoodSpring Suites

WoodSpring® is the fastest growing brand in the economy extended stay segment.

Designed with purpose to offer exactly what the extended stay guest needs, we’ve stripped away the unnecessary extras and infused form, function and beauty into what’s left. The result for owners is a brand that’s tightly optimized to help enable profitability.
  • Cost-effective prototype, designed to be built in less than 12 months
  • Proven, lean operating model that enables maximum efficiency for owners
  • Proprietary vendor relationships and hands-on support enable expedited openings
  • Dedicated, extended stay national sales team

"franchiserankingscom"
#40 on Franchise Rankings.com


About Tapestry Collection by Hilton

"Tapestry

We are proud and fiercely independent.
We are Tapestry Collection™ by Hilton.
A collection of hotels bringing unapologetic originality to any and every place it calls home.

Seeking new franchise units throughout the U.S.,  Canada, Central America, Mexico and South America

Veteran Incentives  Varies
#178 in Franchise 500 for 2021   Not in Franchise 500 for 2020.