WaterWalk Hotels and Apartments vs Canopy Franchise Comparison

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

Start-Up Costs and Fees

 
WaterWalk Hotels and Apartments Franchise
Canopy Franchise
Investment $19,960,000 - $25,430,000$44,872,050 - $114,186,475
Franchise Fee $50,000$75,000
Royalty Fee -5%
Advertising Fee -4%
Year Founded 20142007
Year Franchised 20142007
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
WaterWalk Hotels and Apartments Franchise
Canopy Franchise
Experience --

Financing Options

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

Training & Support

 
WaterWalk Hotels and Apartments Franchise
Canopy Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
WaterWalk Hotels and Apartments Franchise
Canopy Franchise
US Expansion YesYes
Canada Expansion --
International Expansion -Yes

Company Overviews

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.





About Canopy

"Canopy
The Hilton Performance Advantage is an integrated system of innovative solutions and advanced technologies that work together to drive increased business and keep costs down, without compromising quality. Together, these seven services provide access to the latest tools, technologies, forward-thinking strategies, and the most influential people in the industry to create an unrivaled competitive advantage.

#210 in Franchise 500 for 2021   Not in Franchise 500 for 2020