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Updated RecentlyHyatt Place Hotels vs Tapestry Collection by Hilton Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hyatt Place Hotels vs Tapestry Collection by Hilton 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 | $3,005,105 - $95,336,595 |
| Franchise Fee | $60,000 - $100,000 | $75,000 |
| Royalty Fee | - | 5% |
| Advertising Fee | - | 4% |
| Year Founded | 2005 | 2016 |
| Year Franchised | 2005 | 2016 |
| 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 | -/- | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
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| Training | - | Classroom Training: 141-180 hours Additional Training: Online |
| Support | - | 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 |
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| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | 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 Tapestry Collection by Hilton
!["Tapestry]("https://fddexchange.com/wp-content/uploads/2020/08/Tapestry-Collection-by-Hilton-300x96.png")
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