Tru by Hilton
Lodging & Leisure Hotels & ResortsCompany Information
Address
7930 Jones Branch Drive, Suite 1100
Website
Tel
Email
Franchimp Summary Rating
Lower than 48% of peers
Franchise Summary
Description
The franchised business being offered is Tru by Hilton, a distinctive, high-quality lodging service. The system includes the Brand and Marks, reservation service, advertising and marketing programs, training, standards for construction, furnishing, operation, appearance, and hotel service, plus hotel inspection and consulting programs.
Company Background
Tru by Hilton is a new upscale, midscale hotel brand that offers the warmth of home and the world-class service you expect from Hilton. We are looking for qualified people to lead our hotels as partners with us.
Franchise Opportunity
Owning and operating a hotel can be a daunting task. There are many things to consider when opening a hotel, from the initial planning stages to day-to-day operations. Tru by Hilton is here to help. We provide everything you need to get your hotel up and running, from training and support to marketing materials and more. Plus, our low franchise fees make it easy for you to get started.
Corporate Structure
The franchisor is Hilton Franchise Holding LLC, a Delaware limited liability company, formed in September 2007. It began franchising hotels under the Tru by Hilton Brand on December 1, 2015, in the US. Its principal business address is 7930 Jones Branch Drive, Suite 1100, McLean, Virginia 22102 USA. Its direct parent is Hilton Domestic Operating Company Inc.
Franchise Types Available
| # | Type | Investment | Fees |
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Distribution of Tru by Hilton Franchisees
Tru by Hilton Franchise System Development in 2024
FAQ
How much investment do I need to start my own Tru by Hilton business?
Franchisees typically require at least $12,767,064 to $18,572,795 investment to get their Tru by Hilton business started
What are the initial franchise fees for Tru by Hilton?
Franchisees typically need to pay at least $239,441 in fees directly to Tru by Hilton in order to earn the right to launch their business
How much money can I make with a Tru by Hilton franchise? What are
the average revenues for a typical Tru by Hilton business?
We haven’t done the math on how much revenue a typical
Tru by Hilton brings in each year. We estimate that other
franchisees in the Lodging & Leisure industry generate
$882,894 revenue, so we would expect
Tru by Hilton to generate a similar amount
How long do I need to commit to running a Tru by Hilton unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$12,767,064 to $18,572,795
which is
Much Lower
than the $0 to $0 average in the Hotels & Resorts industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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