Start-Up Costs and Fees |
||
| TownePlace Suites | Tapestry Collection by Hilton | |
| Investment | 9180100 - 25635600 | 3005105 - 95336595 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | 4% | |
| Year Founded | 1997 | 2016 |
| Year Franchised | 1997 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| TownePlace Suites | Tapestry Collection by Hilton | |
| Experience | ||
Financing Options |
||
| TownePlace Suites | Tapestry Collection by Hilton | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| TownePlace Suites | Tapestry Collection by Hilton | |
| Training | Classroom Training: 141-180 hours Additional Training: Online | |
| Support | 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 Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | ||
Expansion Plans |
||
| TownePlace Suites | Tapestry Collection by Hilton | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| TownePlace Suites | |
| Tapestry Collection by Hilton | |
| Franchise Fee | |
| TownePlace Suites | |
| Tapestry Collection by Hilton | |
| Royalty Fee | |
| TownePlace Suites | |
| Tapestry Collection by Hilton | 5% |
| Advertising Fee | |
| TownePlace Suites | |
| Tapestry Collection by Hilton | 4% |
| Year Founded | |
| TownePlace Suites | 1997 |
| Tapestry Collection by Hilton | 2016 |
| Year Franchised | |
| TownePlace Suites | 1997 |
| Tapestry Collection by Hilton | 2016 |
| Term Of Agreement | |
| TownePlace Suites | |
| Tapestry Collection by Hilton | |
| Renewal Fee | |
| TownePlace Suites | |
| Tapestry Collection by Hilton | |
Business Experience Requirements |
|
| Experience | |
| TownePlace Suites | |
| Tapestry Collection by Hilton | |
Financing Options |
|
| Franchise Fees | |
| TownePlace Suites | |
| Tapestry Collection by Hilton | |
| Start-up Costs | |
| TownePlace Suites | |
| Tapestry Collection by Hilton | |
| Equipment | |
| TownePlace Suites} | |
| Tapestry Collection by Hilton | |
| Inventory | |
| TownePlace Suites | |
| Tapestry Collection by Hilton | |
| Receivables | |
| TownePlace Suites | |
| Tapestry Collection by Hilton | |
| Payroll | |
| TownePlace Suites | |
| Tapestry Collection by Hilton | |
Training & Support |
|
| Training | |
| TownePlace Suites | |
| Tapestry Collection by Hilton | Classroom Training: 141-180 hours Additional Training: Online |
| Support | |
| TownePlace Suites | |
| 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 | |
| TownePlace Suites | |
| Tapestry Collection by Hilton | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| TownePlace Suites | |
| Tapestry Collection by Hilton | |
Expansion Plans |
|
| US Expansion | |
| TownePlace Suites | |
| Tapestry Collection by Hilton | |
| Canada Expansion | |
| TownePlace Suites | 0 |
| Tapestry Collection by Hilton | |
| International Expansion | |
| TownePlace Suites | |
| Tapestry Collection by Hilton | |