
Doubletree by Hilton
Upscale hotels and resorts- Units as of 2020
-
473 (76 added in 3 years)19.1%
- 2021 Franchise 500 Rank
-
#73 Ranked #103 last year
- Initial investment
-
$22.9M - $79.2M
Company Overview
About Doubletree by Hilton
- Industry
- Lodging
- Related Categories
- Hotels & Motels
- Founded
- 1969
- Parent Company
- Hilton
- Leadership
- Christopher Nassetta, CEO
- Ticker Symbol
- HLT
Franchising Overview
- Franchising Since
- 1989 (32 years)
- # of employees at HQ
- 7,332
- Where seeking
-
This company is seeking new franchisees throughout the US.
This company is seeking new franchisees worldwide.
- # of Units
- 473 (as of 2020)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Doubletree by Hilton 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
- $75,000
- Initial Investment
- $22,850,605 - $79,193,275
- Veteran Incentives
- Varies
- Royalty Fee
- 5%
- Ad Royalty Fee
- 4%
- Term of Agreement
- 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
- 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
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- Classroom Training
- 167-176 hours
- Additional Training
- General manager training prior to certification for opening
- 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?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 100
- Are exclusive territories available?
- No
Franchise 500 Ranking History
Compare where Doubletree by Hilton landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Doubletree by Hilton ranked on other franchise lists? Find out below.
Franchise 500 Ranking
Top Global Franchises
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