Doubletree by Hilton

Doubletree by Hilton

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Promoted Opportunities

Doubletree by Hilton
#61

Initial Investment

LOW: $35,493,750
HIGH: $62,397,125

Change in Units

+9.1% +39 UNITS (1 Year)
+25.6% +95 UNITS (3 Years)

Company Profile

Founded

1969

Franchising Since

1989 (28 Years)

Corporate Address

7930 Jones Branch Dr., #1100 McLean, VA 22102

CEO

Christopher Nassetta

Parent Company

Hilton Worldwide

Ticker Symbol

About Doubletree by Hilton

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.

Financials

Financial Requirements

Initial Investment

$35,493,750 - $62,397,125

Ongoing Fees

Initial Franchise Fee

$75,000

Ongoing Royalty Fee

4%

Ad Royalty Fee

5%

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

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: varies

Training at headquarters: varies

Additional Training: General manager training prior to certification for opening

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Absentee Ownership Allowed

Number of employees required to run: 100

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: December 11th, 2016

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