Hospitality vs The Ritz-Carlton Company Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hospitality vs The Ritz-Carlton Company including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Hospitality The Ritz-Carlton Company
Investment 133600 - 2602000 5000000 - 7000000
Franchise Fee 0 0
Royalty Fee $35/rm/night
Advertising Fee
Year Founded 1971 0
Year Franchised 1982 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Hospitality The Ritz-Carlton Company
Experience

Financing Options
  Hospitality The Ritz-Carlton Company
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Hospitality The Ritz-Carlton Company
Training Classroom Training: 10.5 hours Additional Training: At regional training seminars
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
Marketing Ad Templates Regional Advertising Social media Website development Email marketing
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 The Ritz-Carlton Company
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
The Ritz-Carlton Company
Franchise Fee
Hospitality
The Ritz-Carlton Company
Royalty Fee
Hospitality $35/rm/night
The Ritz-Carlton Company
Advertising Fee
Hospitality
The Ritz-Carlton Company
Year Founded
Hospitality 1971
The Ritz-Carlton Company 0
Year Franchised
Hospitality 1982
The Ritz-Carlton Company 0
Term Of Agreement
Hospitality 5 years
The Ritz-Carlton Company
Renewal Fee
Hospitality
The Ritz-Carlton Company


Business Experience Requirements
Experience
Hospitality
The Ritz-Carlton Company

Financing Options
 
Franchise Fees
Hospitality No
The Ritz-Carlton Company No
Start-up Costs
Hospitality
The Ritz-Carlton Company
Equipment
Hospitality}
The Ritz-Carlton Company
Inventory
Hospitality
The Ritz-Carlton Company
Receivables
Hospitality
The Ritz-Carlton Company
Payroll
Hospitality
The Ritz-Carlton Company

Training & Support
Training
Hospitality Classroom Training: 10.5 hours Additional Training: At regional training seminars
The Ritz-Carlton Company
Support
Hospitality Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
The Ritz-Carlton Company
Marketing
Hospitality Ad Templates Regional Advertising Social media Website development Email marketing
The Ritz-Carlton Company
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)
The Ritz-Carlton Company

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
The Ritz-Carlton Company
Canada Expansion
Hospitality Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
The Ritz-Carlton Company
International Expansion
Hospitality
The Ritz-Carlton Company