Hyatt 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

 
Hyatt Place Hotels Franchise
Element Hotels Franchise
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 20051997
Year Franchised 20052017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Hyatt Place Hotels Franchise
Element Hotels Franchise
Experience --

Financing Options

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

Training & Support

 
Hyatt Place Hotels Franchise
Element Hotels Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Hyatt Place Hotels Franchise
Element Hotels Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesYes

Company Overviews

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


About Element Hotels

"Element

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.