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Updated RecentlyBW Premier Collection vs Tempo by Hilton Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of BW Premier Collection 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 | N/A | $16,056,445 - $76,966,375 |
| Franchise Fee | N/A | $75,000 |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | 2015 | 2007 |
| Year Franchised | 2015 | 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 | Yes |
Company Overviews
About BW Premier Collection
!["BW]("https://fddexchange.com/wp-content/uploads/2020/04/BW-Premier-Collection.jpg")
Best Western Hotels & Resorts headquartered in Phoenix, Arizona, is a privately held hotel brand within the BWH Hotel Group global network. With 18 brands and approximately 4,700 hotels in over 100 countries and territories worldwide*, BWH Hotel Group suits the needs of developers and guests in every market. Brands include Best Western, Best Western Plus, Best Western Premier®, Executive Residency by Best Western, Vīb®, GLō®, Aiden®, Sadie®, BW Premier Collection® and BW Signature Collection®. Through acquisition, WorldHotelsTM Luxury, WorldHotels Elite, WorldHotels Distinctive and WorldHotels Crafted collections are also offered. Completing the portfolio is SureStay®, SureStay Plus®, SureStay Collection® and SureStay Studio franchises.
The total investment necessary to begin operation of a 120-room BW
Premier Collection hotel is $606,800 - $5,281,500, which includes
$29,000 - $39,400 that must be paid to the franchisor or their
affiliate.
The total investment necessary to begin operation of a 90-room BW Signature Collection hotel is $436,300 - $2,124,500, which includes $29,000 - $39,400 that must be paid to the franchisor or their affiliate.
The total investment necessary to begin operation of a 90-room BW Signature Collection hotel is $436,300 - $2,124,500, which includes $29,000 - $39,400 that must be paid to the franchisor or their affiliate.
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.