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Updated RecentlyHyatt Place Hotels vs Element Hotels Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hyatt Place Hotels vs Element Hotels 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 | $10,972,610 - $30,445,500 |
| Franchise Fee | $60,000 - $100,000 | $60,000 |
| Royalty Fee | - | 5.5% |
| Advertising Fee | - | - |
| Year Founded | 2005 | 1997 |
| Year Franchised | 2005 | 2017 |
| 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 Element Hotels
!["Element]("https://fddexchange.com/wp-content/uploads/2020/02/Element-Hotels-1.jpg")
Inspired by Westin, Element® is transforming the extended stay segment
with bright, modern design, eco-conscious practices and an innovative
guest experience that resonates with today’s traveler. From spacious
guest rooms featuring fully equipped kitchens to spa-inspired bathrooms,
guests have space to live their lives.
Element is a smarter, better place to stay.