Hard Rock Hotel vs Canopy Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hard Rock Hotel vs Canopy including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Hard Rock Hotel Franchise
Canopy Franchise
Investment $118,010,666 - $221,433,000$44,872,050 - $114,186,475
Franchise Fee $50,000$75,000
Royalty Fee -5%
Advertising Fee -4%
Year Founded 20012007
Year Franchised 20012007
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Hard Rock Hotel Franchise
Canopy Franchise
Experience --

Financing Options

 
Hard Rock Hotel Franchise
Canopy Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Hard Rock Hotel Franchise
Canopy Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Hard Rock Hotel Franchise
Canopy Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesYes

Company Overviews

About Hard Rock Hotel


"Hard
Hard Rock Hotels span the globe with an uncompromising dedication to hospitality that promises so much more than merely a place to stay.
We embrace the culture and character of each of our all-inclusive resorts collection locations with an energy and enthusiasm only found at Hard Rock.

Our hotels are rooted in the spirit of music that all began with a guitar donated by rock legend Eric Clapton to London’s original Hard Rock Cafe. We offer a suite of services for guests that value the VIP treatment. And we welcome people from all walks of life in an all-inclusive way.
Every Hard Rock Hotel takes the spirit of its destination and blends it with our vibrant collection of music and memorabilia.



About Canopy

"Canopy
The Hilton Performance Advantage is an integrated system of innovative solutions and advanced technologies that work together to drive increased business and keep costs down, without compromising quality. Together, these seven services provide access to the latest tools, technologies, forward-thinking strategies, and the most influential people in the industry to create an unrivaled competitive advantage.

#210 in Franchise 500 for 2021   Not in Franchise 500 for 2020