La Quinta vs Tapestry Collection by Hilton Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of La Quinta vs Tapestry Collection by Hilton including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  La Quinta Tapestry Collection by Hilton
Investment 3822657 - 12901630 3005105 - 95336595
Franchise Fee 0
Royalty Fee 4-4.5% 5%
Advertising Fee 4.50% 4%
Year Founded 1968 2016
Year Franchised 2001 2016
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  La Quinta Tapestry Collection by Hilton
Experience General business experience

Financing Options
  La Quinta Tapestry Collection by Hilton
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  La Quinta Tapestry Collection by Hilton
Training Classroom Training: 141-180 hours Additional Training: Online
Support Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives 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 slicks, National media, Regional advertising Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 25 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators)

Expansion Plans
  La Quinta Tapestry Collection by Hilton
US Expansion
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile
Investment
La Quinta
Tapestry Collection by Hilton
Franchise Fee
La Quinta
Tapestry Collection by Hilton
Royalty Fee
La Quinta 4-4.5%
Tapestry Collection by Hilton 5%
Advertising Fee
La Quinta 4.50%
Tapestry Collection by Hilton 4%
Year Founded
La Quinta 1968
Tapestry Collection by Hilton 2016
Year Franchised
La Quinta 2001
Tapestry Collection by Hilton 2016
Term Of Agreement
La Quinta 20 years
Tapestry Collection by Hilton
Renewal Fee
La Quinta
Tapestry Collection by Hilton


Business Experience Requirements
Experience
La Quinta General business experience
Tapestry Collection by Hilton

Financing Options
 
Franchise Fees
La Quinta No
Tapestry Collection by Hilton No
Start-up Costs
La Quinta
Tapestry Collection by Hilton
Equipment
La Quinta}
Tapestry Collection by Hilton
Inventory
La Quinta
Tapestry Collection by Hilton
Receivables
La Quinta
Tapestry Collection by Hilton
Payroll
La Quinta
Tapestry Collection by Hilton

Training & Support
Training
La Quinta
Tapestry Collection by Hilton Classroom Training: 141-180 hours Additional Training: Online
Support
La Quinta Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives
Tapestry Collection by Hilton 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
La Quinta Co-op advertising, Ad slicks, National media, Regional advertising
Tapestry Collection by Hilton Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations
La Quinta 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 25 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators)
Tapestry Collection by Hilton

Expansion Plans
US Expansion
La Quinta
Tapestry Collection by Hilton
Canada Expansion
La Quinta
Tapestry Collection by Hilton
International Expansion
La Quinta
Tapestry Collection by Hilton