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Updated RecentlyTempo by Hilton vs Hyatt House Hotels Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Tempo by Hilton vs Hyatt House 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 | $15,269,000 - $30,124,500 |
| Franchise Fee | $75,000 | $60,000 - $100,000 |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | 2007 | 1957 |
| Year Franchised | 2020 | 2011 |
| 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 Hyatt House Hotels
In 1957, Jay Pritzker purchased the first Hyatt property, and it was
named Hyatt House.
Today, we provide hotels that guests can not only
stay in, but live in. No matter how long you stay, relax and settle into
our house as if it were your own.