Doubletree Hotels, Suites, Resorts, Clubs Franchise
Wednesday, May 12, 2010 at 05:38PM Hotels & suites
With a rapidly growing collection of contemporary, upscale accommodations in more than 150 gateway cities, metropolitan areas and vacation destinations through the U.S., Canada and Latin America, Doubletree® is a distinctively designed portfolio of properties that provides true comfort to today’s business and leisure travelers.
From millions of delighted hotel guests who are welcomed with the brand’s legendary, warm chocolate chip cookies at check-in to the advantages of the award-winning Hilton HHonors® guest reward program, Doubletree delivers a satisfying experience to its guests wherever their travels may take them.
Start-up Costs & Franchises Fees
What is the total cost to open a Doubletree Hotels, Suites, Resorts, Clubs Franchises?
Total Cost: $24,500,000 USD -$39,000 USD ,000 USD
Total Franchise Fees: $75,000 USD
Ongoing Royalty Fees: 4%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: Same as initial fee
Contact Information for Doubletree Hotels, Suites, Resorts, Clubs
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Doubletree Hotels, Suites, Resorts, Clubs |
Phone Number: (310)278-4321 |
Doubletree Hotels, Suites, Resorts, Clubs In the Press
No results at this time.Historical Expansion
In what year did Doubletree Hotels, Suites, Resorts, Clubs begin operations? 1969
When did Doubletree Hotels, Suites, Resorts, Clubs begin selling franchises? 1989
Year United States Canada International Corporate 2005 85 2 2 65 2004 72 2 2 77 2003 64 0 2 90 2002 47 0 2 104 2001 47 0 2 106
Future Expansion
Countries of Interest: Canada, Central America, Mexico, South America,
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No Other Sources for Financing: 3rd-party financing available
Training & Support
Training
General manager training prior to certification for opening
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks, National media, Regional advertising support
Franchise Operation Restrictions
Number of employees needed to run franchised unit: 100
Absentee ownership of franchise is allowed.
Qualifications & Business Experience
Business Experience:
Industry experience General business experience
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes