Margaritaville Hotels & Resorts vs Element Hotels Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Margaritaville Hotels & Resorts vs Element Hotels including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$10,175,000 - $115,680,000 | $10,972,610 - $30,445,500 |
Franchise Fee |
N/A | $60,000 |
Royalty Fee |
- | 5.5% |
Advertising Fee |
- | - |
Year Founded |
1985 | 1997 |
Year Franchised |
2019 | 2017 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
- | Yes |
Company Overviews
About Margaritaville Hotels & Resorts
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 Element Hotels
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.