Of all the hotels available today, one brand is truly known worldwide and that is the Hilton family of hotels. They are also a top franchiser when it comes to hotels. Something that can easily be seen through how they have grown in all areas of the world.
They have many different franchise brands to choose from as well, all of them very recognizable. From the most recognizable Hilton to Doubletree, Embassy Suites, Hampton Inn, Hilton Garden Inn, Homewood Suites by Hilton and Conrad Hotels.
Each brand has their own personality that they bring with them when purchased by the franchisee. Were as some brands of hotels are more high class, and others are more affordable for the average person. With that they also come with individual franchisee fee’s.
A Hilton franchise has an initial license fee of $85,000 for the first 275 rooms with an additional $300 for each room after that. The minimum fee is $85,000 The monthly royalty fee is 5% of the monthly gross rooms revenue. Some of their other fee’s include the Monthly Program fee, Monthly Food & Beverage Fee, and Technology fee’s.
The Doubletree and Embassy Suites franchise have a lot of the same fees as the Hilton brand, but their Initial License Fee is $75,000 for the first 250 rooms, $300 for each room after that. The minimum being $75,000. Although the Embassy Suites franchise Monthly Royalty fee varies on how many years open, going up as your business ages.
Hampton Inn has a franchise fee set up much like Doubletree and Hilton although their Initial License fee is only $50,000 for the first 100 rooms and $450 for each additional room after that. The minimum fee is $50,000.
With a Hilton Garden Inn and a Homewood Suites franchise, they have an Initial License fee of $60,000 for the first 150 rooms and charge an additional $450 for each additional room after that with a minimum of $60,000.
Each of these franchises offer an overview of Franchise Fees on their individual websites to help explain more in depth each of their fees and their percentages. Each hotel has it’s own style to offer, it’s up to you to decide which one would fit you and the location you’d like to place it in.
Zac on October 29th, 2008 at 5:57 am
Hilton are indeed good, but i feel they dominate the market too keenly, i found much more character and variety from the clients of http://www.hotelsolutionspartnership.com/
who are hospitality consultants and have bettered some brilliant hotels around the world.