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Updated RecentlyTapestry Collection by Hilton vs Le Meridien Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Tapestry Collection by Hilton vs Le Meridien including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $3,005,105 - $95,336,595 | $61,886,490 - $96,761,490 |
| Franchise Fee | $75,000 | N/A |
| Royalty Fee | 5% | - |
| Advertising Fee | 4% | - |
| Year Founded | 2016 | 1997 |
| Year Franchised | 2016 | 2005 |
| 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 | -/Yes | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | -/Yes | -/- |
| Payroll | -/Yes | -/- |
Training & Support |
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| Training | Classroom Training: 141-180 hours Additional Training: Online | - |
| Support | Ongoing Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Supportmn Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | - |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About Tapestry Collection by Hilton
!["Tapestry]("https://fddexchange.com/wp-content/uploads/2020/08/Tapestry-Collection-by-Hilton-300x96.png")
We are proud and fiercely independent.
We are Tapestry Collection™ by Hilton.
A collection of hotels bringing unapologetic originality to any
and every place it calls home.
Seeking new franchise units throughout the U.S.,
Canada, Central America, Mexico and South America
Veteran Incentives Varies
#178 in Franchise 500 for 2021 Not in Franchise 500 for 2020.About Le Meridien
!["Le]("https://fddexchange.com/wp-content/uploads/2020/04/Le-Meridien-300x43.png")
Le Méridien, the Paris-born hotel brand currently represented by nearly
100 properties in more than 40 countries, was acquired by Starwood
Hotels & Resorts Worldwide, Inc. (NYSE: HOT) in November 2005. With
more than 80 of its properties located in Europe, Africa, the Middle
East, and Asia-Pacific, Le Méridien provided a strong international
complement to Starwood’s then primarily North American holdings at the
time of purchase. Since then, Le Méridien has gone through a brand
re-launch, which included a large scale hotels product consolidation as
well as redefining its brand strategy. Through creation of the LM100
artist community, Le Méridien has transformed numerous guest touch
points, thus bringing unique, interactive and curated experiences to its
guests. Plans call for dynamic expansion of Le Méridien Hotels and
Resorts , concentrating on markets in
Asia-Pacific and the Americas.
The total investment necessary to begin operation of a newly-constructed
Le Méridien hotel, excluding the cost of real estate and related costs
(building permit, tap, and impact fees), ranges from $61,886,490 to
$96,761,490 for a 250-guestroom hotel. This includes approximately
$317,000 to
$399,000 that must be paid to the franchisor or an affiliate.
$399,000 that must be paid to the franchisor or an affiliate.