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Updated RecentlyHyatt Place Hotels vs BW Premier Collection Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hyatt Place Hotels vs BW Premier Collection including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $15,269,000 - $30,124,500 | N/A |
| Franchise Fee | $60,000 - $100,000 | N/A |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | 2005 | 2015 |
| Year Franchised | 2005 | 2015 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | Yes | Yes |
Company Overviews
About Hyatt Place Hotels
!["Hyatt]("https://fddexchange.com/wp-content/uploads/2019/01/Hyatt-Place-Hotels.png")
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
About BW Premier Collection
!["BW]("https://fddexchange.com/wp-content/uploads/2020/04/BW-Premier-Collection.jpg")
Best Western Hotels & Resorts headquartered in Phoenix, Arizona, is a privately held hotel brand within the BWH Hotel Group global network. With 18 brands and approximately 4,700 hotels in over 100 countries and territories worldwide*, BWH Hotel Group suits the needs of developers and guests in every market. Brands include Best Western, Best Western Plus, Best Western Premier®, Executive Residency by Best Western, Vīb®, GLō®, Aiden®, Sadie®, BW Premier Collection® and BW Signature Collection®. Through acquisition, WorldHotelsTM Luxury, WorldHotels Elite, WorldHotels Distinctive and WorldHotels Crafted collections are also offered. Completing the portfolio is SureStay®, SureStay Plus®, SureStay Collection® and SureStay Studio franchises.
The total investment necessary to begin operation of a 120-room BW
Premier Collection hotel is $606,800 - $5,281,500, which includes
$29,000 - $39,400 that must be paid to the franchisor or their
affiliate.
The total investment necessary to begin operation of a 90-room BW Signature Collection hotel is $436,300 - $2,124,500, which includes $29,000 - $39,400 that must be paid to the franchisor or their affiliate.
The total investment necessary to begin operation of a 90-room BW Signature Collection hotel is $436,300 - $2,124,500, which includes $29,000 - $39,400 that must be paid to the franchisor or their affiliate.