Everhome Suites vs Hyatt Centric Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Everhome Suites vs Hyatt Centric including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Everhome Suites Franchise
Hyatt Centric Franchise
Investment $10,108,350 - $12,101,869$29,373,500 - $105,360,000
Franchise Fee N/A$100,000
Royalty Fee --
Advertising Fee --
Year Founded -2015
Year Franchised -2015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Everhome Suites Franchise
Hyatt Centric Franchise
Experience --

Financing Options

 
Everhome Suites Franchise
Hyatt Centric Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Everhome Suites Franchise
Hyatt Centric Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Everhome Suites Franchise
Hyatt Centric Franchise
US Expansion YesYes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Everhome Suites

"Everhome
Choice Hotels will offer the following to help hotel developers build a strong and successful portfolio with Everhome Suites:
The total investment necessary to begin operation of a 113-room newly constructed Everhome Suites hotel franchise is between $10,108,350 and $12,101,869. This includes an affiliation fee of $50,000 for properties with 113 rooms or less, $300/per room for each additional room and $550 per room for transfers and renewals ($50,000 minimum); a property management system software license and systems training fee of between $10,750 and $14,750; and orientation and hospitality training fees of
$0 - $3,145 per person, all of which must be paid to the Franchisor or its affiliates. These sums do not include the cost of purchasing or leasing land or any real estate taxes.




About Hyatt Centric

"Hyatt
Start here. Discover everywhere.
Hyatt Centric hotels are located in the heart of the action, serving as the perfect spot for exploring all your destination has to offer.
Our Hyatt Centric hosts are destination experts