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Updated RecentlyTempo by Hilton vs The Registry Collection Hotels Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Tempo by Hilton vs The Registry Collection Hotels including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $16,056,445 - $76,966,375 | $21,810,621 - $35,601,522 |
| Franchise Fee | $75,000 | N/A |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | 2007 | 2016 |
| Year Franchised | 2020 | 2016 |
| 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 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.
About The Registry Collection Hotels
!["the]("https://fddexchange.com/wp-content/uploads/2021/01/the-Regisrty-Collection-300x145.png")
Celebrating over a decade of success, The Registry Collection program caters to the
specific needs of members and affiliates in the luxury segment. Our
portfolio of affiliated properties is an elite network of luxury leisure
assets, each one selected as among the very best in its respective
category.
The total investment necessary to begin operation of a typical 150 room Registry Collection Hotel ranges from $21,810,621 to $35,601,522 for a new construction project.
The total investment necessary to begin
operation of a Registry Collection Hotel ranges from $477,269 to
$12,641,252 for a conversion of an existing hotel. Land acquisition
costs are not included in these ranges. The above amounts include a
range of $104,675 to $111,825 that must be paid to the Franchisor or an
affiliate.