Reverb hotel by Hard Rock vs Hyatt Centric Franchise Comparison

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

Start-Up Costs and Fees

 
Reverb hotel by Hard Rock Franchise
Hyatt Centric Franchise
Investment $15,445,000 - $37,020,000$29,373,500 - $105,360,000
Franchise Fee N/A$100,000
Royalty Fee --
Advertising Fee --
Year Founded -2015
Year Franchised -2015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Reverb hotel by Hard Rock Franchise
Hyatt Centric Franchise
Experience --

Financing Options

 
Reverb hotel by Hard Rock Franchise
Hyatt Centric Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Reverb hotel by Hard Rock Franchise
Hyatt Centric Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Reverb hotel by Hard Rock Franchise
Hyatt Centric Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesYes

Company Overviews

About Reverb hotel by Hard Rock

"Reverb

Hard Rock Hotel Licensing, Inc. offers franchises for the operation of an upscale, select-service hotel that operates under the name “Reverb.”

If you purchase a single franchised Hotel, the total investment necessary to begin operation of a Reverb franchise ranges from $15,445,000 to $37,020,000. This includes an amount ranging from $151,000 to $415,000 that must be paid to the franchisor and their affiliates.
If you purchase area development rights, the total investment necessary to begin operation of a Reverb franchise ranges from $15,445,000 to $37,020,000, plus an additional deposit fee that is calculated as: $50,000 for the 2nd Hotel you will develop under the area development agreement, plus $12,500 per Hotel for your 3rd and each additional Hotel you will commit to develop under the area development agreement. This includes an amount ranging from $151,000 to $415,000, plus the total amount of the deposit fee, that must be paid to the franchisor and their affiliates.



About Hyatt Centric

"Hyatt
Start here. Discover everywhere.
Hyatt Centric hotels are located in the heart of the action, serving as the perfect spot for exploring all your destination has to offer.
Our Hyatt Centric hosts are destination experts