Doubletree by Hilton
Upscale hotels and resorts
Doubletree by Hilton
Upscale hotels and resorts
About
Founded
1969
Franchising Since
1989 (29 Years)
Corporate Address
7930 Jones Branch Dr., #1100
McLean, VA 22102
CEO
Christopher Nassetta
Parent Company
Hilton
Ticker Symbol
Financial Requirements
Initial Investment ⓘ
$22,022,700 - $69,341,150
Ongoing Fees
Initial Franchise Fee ⓘ
$75,000 - $75,000
Ongoing Royalty Fee
5%
Ad Royalty Fee
4%
Financing Options
Doubletree by Hilton has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Veteran Incentives
Varies
Support Options
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app
Classroom Training:
Varies
Additional Training:
General manager training prior to certification for opening
Absentee Ownership Allowed
Number of Employees Required to Run:
100
Doubletree by Hilton is ranked #144 in the Franchise 500!
Bio
The first Doubletree hotel opened in 1969 in Scottsdale, Arizona. Franchising began in 1989, and ten years later the company was acquired by Hilton Hotels Worldwide. At every Doubletree location, guests are given a warm chocolate chip and walnut cookie at check-in.
Cost
Initial Investment: Low - $22,022,700
High - $69,341,150
Units
-12.7%-58 UNITS (1 Year)
+2.6%+10 UNITS (3 Years)
Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.
Related Franchises
Franchise Articles
6 Reasons Why Startups Are Riskier Than Franchise Businesses
Starting any business can be risky, but startups in particular deal with these six aspects.
Looking To Enter The Franchising Industry? Here Are Few Obstacles To Look After
Just like any other business, franchising has its own obstacles
Why Growth Monitoring is Important for a Franchise Business?
A business should pause for a while to analyze the growth, steps and calculate profit and then plan for its optimization
How Educational Franchises Gain Popularity in Small Towns & Cities
The big brands also help people in small towns, gain world-class teaching and get popularity through word of mouth
Top Franchise Brands Endorsed By Amitabh Bachchan
Big brands rely heavily on the image of the celebrities who are associated with the brand's products/services
