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Updated RecentlyMargaritaville Hotels & Resorts vs Tempo by Hilton Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Margaritaville Hotels & Resorts vs Tempo 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 | $10,175,000 - $115,680,000 | $16,056,445 - $76,966,375 |
| Franchise Fee | N/A | $75,000 |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | 1985 | 2007 |
| Year Franchised | 2019 | 2020 |
| 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 |
Company Overviews
About Margaritaville Hotels & Resorts
!["Margaritaville]("https://fddexchange.com/wp-content/uploads/2020/10/Margaritaville-Hotels-Resorts-300x51.jpg")
Margaritaville Hotels & Resorts, LLC offers franchises for the
development and operation of upscale, full-service hotel or resort
establishments that provide lodging and food and beverage of a
distinctive character and quality under the names Margaritaville Hotel,
Margaritaville Resort, Margaritaville Beach Resort and Margaritaville
Lake Resort.
About Tempo by Hilton
!["Tempo]("https://fddexchange.com/wp-content/uploads/2020/08/Tempo-by-Hilton-300x150.png")
Hilton expects the first Tempo property to open in 2021 and is looking
to target mainly urban and surban (areas just outside a major city that
still offer a range of urban amenities) markets.Hilton has long championed the efficiencies of multi-brand
properties, and Tempo by Hilton will pursue those opportunities when
they are a good fit for a particular destination.
Currently,
there’s neither a set cost per key nor a minimum/maximum on room
counts. The numbers will be market dependent, although the company
anticipates 150 keys on average and is positioning Tempo to compete at
roughly a 15 percent higher average daily rate than a Hilton Garden Inn
in the same market.