The very first Hampton Hotel opened to the public back in 1984 in Memphis, Tennessee. A two-story establishment, this Hampton Inn had 128 guest rooms and was later sold in 2005. In the beginning, owners were given a lot of leeway when it came to how to furnish and decorate the different rooms. However, once Hilton acquired the brand in 1999, a sense of consistency was established. The goal is for patrons to receive the same experience regardless of which of the Hampton Hotels they visit. In 2004, major renovations took place to update the already established Hampton Hotels. For the past two years, Hampton Hotels has topped the list of the Franchise 500 and has continued to receive worldwide attention because of its commitment to providing customers with the best experience possible.
In the hospitality industry, competition runs high as each brand looks to provide the highest quality of service while still offering value when it comes to rates. Hampton Hotels is setting itself apart from competitors by providing patrons with the opportunity to stay in a suite, complete with two bedrooms as well as a kitchen and common living space. For families looking to travel, this is a great way to stay in a hotel but still enjoy some of the amenities of home. Free breakfast as well as Internet access is available in all locations. With the help of the Internet and a reservation line, franchisees have the ability to benefit from the brand name and the parent company's support when it comes to bringing in customers. Today, there are more than 1,800 Hampton Hotels located worldwide with plenty of opportunities for another Canadian franchise.
To be considered for the Hampton Hotels franchise, an individual must have at least $3.5 million for an initial investment. While the franchise fee is only around $65,000, opening a hotel requires a lot of upfront costs, including the building and furnishings for all of the rooms. Once a franchise is opened, the agreement lasts 22 years and it is possible to renew the contract. A 6% royalty is collected for the life of the franchise. While the expectations are high for a new Canadian franchise owner, being able to "Feel the Hamptonality," is an opportunity to get in with a successful brand that is continuing to make improvements and progress in the hospitality industry. There are three different development options that a franchisee can choose from, based on the population in the area and the need for lodging.
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