Start-Up Costs and Fees |
||
| Hospitality | Tapestry Collection by Hilton | |
| Investment | 133600 - 2602000 | 3005105 - 95336595 |
| Franchise Fee | 0 | |
| Royalty Fee | $35/rm/night | 5% |
| Advertising Fee | 4% | |
| Year Founded | 1971 | 2016 |
| Year Franchised | 1982 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hospitality | Tapestry Collection by Hilton | |
| Experience | ||
Financing Options |
||
| Hospitality | Tapestry Collection by Hilton | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Hospitality | Tapestry Collection by Hilton | |
| Training | Classroom Training: 10.5 hours Additional Training: At regional training seminars | Classroom Training: 141-180 hours Additional Training: Online |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | 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 | Ad Templates Regional Advertising Social media Website development Email marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Hospitality | Tapestry Collection by Hilton | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Hospitality | |
| Tapestry Collection by Hilton | |
| Franchise Fee | |
| Hospitality | |
| Tapestry Collection by Hilton | |
| Royalty Fee | |
| Hospitality | $35/rm/night |
| Tapestry Collection by Hilton | 5% |
| Advertising Fee | |
| Hospitality | |
| Tapestry Collection by Hilton | 4% |
| Year Founded | |
| Hospitality | 1971 |
| Tapestry Collection by Hilton | 2016 |
| Year Franchised | |
| Hospitality | 1982 |
| Tapestry Collection by Hilton | 2016 |
| Term Of Agreement | |
| Hospitality | 5 years |
| Tapestry Collection by Hilton | |
| Renewal Fee | |
| Hospitality | |
| Tapestry Collection by Hilton | |
Business Experience Requirements |
|
| Experience | |
| Hospitality | |
| Tapestry Collection by Hilton | |
Financing Options |
|
| Franchise Fees | |
| Hospitality | No |
| Tapestry Collection by Hilton | No |
| Start-up Costs | |
| Hospitality | |
| Tapestry Collection by Hilton | |
| Equipment | |
| Hospitality} | |
| Tapestry Collection by Hilton | |
| Inventory | |
| Hospitality | |
| Tapestry Collection by Hilton | |
| Receivables | |
| Hospitality | |
| Tapestry Collection by Hilton | |
| Payroll | |
| Hospitality | |
| Tapestry Collection by Hilton | |
Training & Support |
|
| Training | |
| Hospitality | Classroom Training: 10.5 hours Additional Training: At regional training seminars |
| Tapestry Collection by Hilton | Classroom Training: 141-180 hours Additional Training: Online |
| Support | |
| Hospitality | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| 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 | |
| Hospitality | Ad Templates Regional Advertising Social media Website development Email marketing |
| Tapestry Collection by Hilton | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Hospitality | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
| Tapestry Collection by Hilton | |
Expansion Plans |
|
| US Expansion | |
| Hospitality | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Tapestry Collection by Hilton | |
| Canada Expansion | |
| Hospitality | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Tapestry Collection by Hilton | |
| International Expansion | |
| Hospitality | |
| Tapestry Collection by Hilton | |