The Luxury Collection vs Canopy Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Luxury Collection vs Canopy including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$138,156,490 - $214,086,490 | $44,872,050 - $114,186,475 |
Franchise Fee |
N/A | $75,000 |
Royalty Fee |
- | 5% |
Advertising Fee |
- | 4% |
Year Founded |
- | 2007 |
Year Franchised |
- | 2007 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
Yes | Yes |
Company Overviews
About The Luxury Collection
The franchisee will establish and operate a full-service hotel that will be designated
as a member of “The Luxury Collection.”
The total investment necessary to begin operation of a newly-constructed
The Luxury Collection hotel, excluding the cost of real estate and
related costs (building permit, tap, and impact fees), ranges from
$138,156,490 to $214,086,490 for a 250-guestroom hotel. This includes
approximately $368,500 to $499,500 that must be paid to the franchisor
or an affiliate.
About 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