Hilton Hotels and Resorts
Upper upscale hotels and resorts- 2023 Franchise 500 Rank
-
#46 Ranked #64 last year
- Initial investment
-
$38.7M - $162.3M
- Units as of 2022
-
540 4.7% over 3 years
Hilton Hotels and Resorts is a global brand of full-service hotels and resorts. It serves as the American multinational hospitality company Hilton's flagship brand. Conrad Hilton founded the parent company, Hilton Worldwide, in 1919. Hilton Hotels and Resorts has more than 500 hotels and resorts worldwide. Over 175 of those franchises are in operation in the United States. Hilton Hotels and Resorts is committed to providing quality, comfortable, and luxury hotel stays all over the world.
The perfect candidate to open a Hilton Hotels and Resorts franchise has a passion for travel, business, and the global community.
Why You May Want to Start a Hilton Hotels and Resorts Franchise
Owning a Hilton Hotels and Resorts franchise means that you may own one of the most luxurious hotels in business. Hilton Hotels and Resorts strives to provide premium experiences for leisure and business travelers all over the world. They wish to offer authentic local experiences with a touch of worldly glamour and their trademark elegance.
Hilton Hotels and Resorts is one of the most recognized hotel brands in the world. It may be a preferred choice of world travelers, especially due to its numerous convenient locations and stellar service. Hilton Hotels and Resorts strives to use unique techniques to form an impressive global footprint with strong brand awareness and a mild-boggling portfolio of properties.
What Might Make Hilton Hotels and Resorts Franchise a Good Choice?
Hilton Hotels and Resorts has loyal customers and a good reputation, which typically draws in a stable and reliable clientele. With their experts, resources, and industry-leading tools, you may quickly experience a growing business. There are multiple location opportunities with Hilton Hotels and Resorts as a potential franchisee, including urban, suburban, resort, and airport locations.
Hilton Hotels and Resorts has been ranked in Entrepreneur’s Franchise 500 many times in recent decades. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
To be part of the Hilton Hotels and Resorts team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. Additionally, you should prepare yourself for ongoing fees that will include advertising, royalty, and renewal fees.
How Do You Open a Hilton Hotels and Resorts Franchise?
Although Hilton Hotels and Resorts are tight-lipped about their franchise process, you should be ready to go through an extensive financial and personal background check to see if you fit the Hilton brand. You may also receive their Franchise Disclosure Document after submitting a franchise inquiry form. The document may provide you with more in-depth information about the brand and possible opportunities to open a franchise.
The Hilton development team usually has architecture and construction teams ready to help you develop your hotel. They also generally guarantee owner satisfaction, management services, and top-notch systems. Hilton Hotels and Resorts will usually work with you to set up your hotel and will guide you as you venture into the hotel and hospitality industry.
Company Overview
About Hilton Hotels and Resorts
- Industry
- Lodging
- Related Categories
- Hotels & Motels
- Founded
- 1919
- Parent Company
- Hilton
- Leadership
- Christopher Nassetta, CEO
- Corporate Address
-
7930 Jones Branch Dr.
McLean, VA 22102
Business Overview
- Franchising Since
- 1965 (2023-1965 years)
- # of employees at HQ
- 6,998
- Where seeking
-
This company is offering new franchisees throughout the US.
This company is offering new franchisees worldwide.
- # of Units
- 540 (as of 2022)
Information for Franchisees
Here's what you need to know if you're interested in opening a Hilton Hotels and Resorts franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
-
Initial Franchise Fee
Information Circle - $75,000
-
Initial Investment
Information Circle - $38,704,705 - $162,293,082
-
Veteran Incentives
Information Circle - Varies
-
Royalty Fee
Information Circle - 5%
-
Ad Royalty Fee
Information Circle - 4%
-
Term of Agreement
Information Circle - 23 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Hilton Hotels and Resorts has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- Classroom Training
- 146-184 hours
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
-
Can this franchise be run from home/mobile unit?
Information Circle - No
-
Can this franchise be run part time?
Information Circle - No
- # of employees required to run
- 150
-
Are exclusive territories available?
Information Circle - No
Interested in ownership opportunities like Hilton Hotels and Resorts? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Hilton Hotels and Resorts landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Hilton Hotels and Resorts ranked on other franchise lists? Find out below.
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