Tempo by Hilton vs WaterWalk Hotels and Apartments Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Tempo by Hilton vs WaterWalk Hotels and Apartments including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Tempo by Hilton Franchise
WaterWalk Hotels and Apartments Franchise
Investment $16,056,445 - $76,966,375$19,960,000 - $25,430,000
Franchise Fee $75,000$50,000
Royalty Fee --
Advertising Fee --
Year Founded 20072014
Year Franchised 20202014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Tempo by Hilton Franchise
WaterWalk Hotels and Apartments Franchise
Experience --

Financing Options

 
Tempo by Hilton Franchise
WaterWalk Hotels and Apartments Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Tempo by Hilton Franchise
WaterWalk Hotels and Apartments Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Tempo by Hilton Franchise
WaterWalk Hotels and Apartments Franchise
US Expansion YesYes
Canada Expansion --
International Expansion Yes-

Company Overviews

About Tempo by Hilton

"Tempo
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.

About WaterWalk Hotels and Apartments

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WaterWalk offers both well-appointed hotel suites and all-inclusive apartments. Stay a few days or settle in for a while.
We do hospitality right. Every time.

The total investment necessary to begin operation of a WaterWalk Property ranges from $19,960,000 to $25,430,000. This includes the initial fees owed to  WaterWalk varying from between $137,000 and $647,500 that must be paid to WaterWalk or its affiliates when the Property has no more than 153 units. If the Property will have more than 153 units, the payment to  WaterWalk and its affiliates and the total investment is increased by $375 per each additional unit.