| ||||
Updated RecentlyTapestry Collection by Hilton vs Element Hotels Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Tapestry Collection by Hilton vs Element Hotels including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $3,005,105 - $95,336,595 | $10,972,610 - $30,445,500 |
| Franchise Fee | $75,000 | $60,000 |
| Royalty Fee | 5% | 5.5% |
| Advertising Fee | 4% | - |
| Year Founded | 2016 | 1997 |
| Year Franchised | 2016 | 2017 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| 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 |
||
| 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 |
||
| 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 Element Hotels
!["Element]("https://fddexchange.com/wp-content/uploads/2020/02/Element-Hotels-1.jpg")
Inspired by Westin, Element® is transforming the extended stay segment
with bright, modern design, eco-conscious practices and an innovative
guest experience that resonates with today’s traveler. From spacious
guest rooms featuring fully equipped kitchens to spa-inspired bathrooms,
guests have space to live their lives.
Element is a smarter, better place to stay.