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Email Address
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8/10

Franchimp Summary Rating

10 /10
Higher than 0% of peers
5 /10
Higher than 56% of peers

Franchise Summary

Description
You will operate a Conrad hotel under a Franchise Agreement with us.
Company Background
The Conrad Hotels & Resorts brand is a collection of luxury hotels and resorts that provides travelers with exceptional accommodations, dining, and service. The company was founded in 1957 by the late J.W. "Bill" Marriott Jr., who served as chairman until his death in 1985. Since then, Bill's son Richard has been chairman and chief executive officer (CEO) of the family-owned business for more than three decades. With its focus on delivering quality customer care, Conrad Hotels & Resorts operates at 10 locations worldwide: Beijing; Bali; Bangkok; Dubai; Guangzhou; Ho Chi Minh City (Saigon); Jakarta-Indonesia ; Kuala Lumpur - Malaysia ; Phuket - Thailand ;
Franchise Opportunity
Owning and operating a hotel can be a daunting task. There are a lot of things to consider when running a hotel- from staffing and marketing, to keeping the property in top condition. Conrad Hotels & Resorts offers a turnkey solution for hotel ownership. We provide our Franchisees with all the training and support they need to successfully operate their hotels. From our world-class reservation system to our award-winning marketing campaigns, we have everything you need to make your hotel thrive.
Corporate Structure
Hilton Franchise Holding LLC is a Delaware limited liability company, formed in September 2007.  For purposes of this franchise offering, they do business under the names “Conrad” and “Conrad Hotels and Resorts.” Their principal business address is 7930 Jones Branch Drive, Suite 1100, McLean, Virginia 22102. They became the franchisor of Conrad hotels for all locations in the 50 states of the United States of America, its Territories and Possessions and the District of Columbia on March 30, 2015.
Investment and Franchisee Fees
The total investment necessary for a typical 300-room Conrad hotel, excluding real property, is $117,904,500 to $435,522,000, including up to $632,000 that must be paid to the franchisor or its affiliates.

Franchisee Attrition

10 /10
This franchise's rate of attrition in 2023 of 0.00% was Higher than the % in the Lodging industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year. It is a strong indicator of the strength of the underlying operating model

Employee Contact Database

# Name Position Phone Number Email Address

Franchise Disclosure Documents

FDD Effective Date

Conrad Hotels & Resorts Franchise System Development in 2017

FAQ

How much investment do I need to start my own Conrad Hotels & Resorts business?
Franchisees typically require at least $126,762,305 to $476,977,950 investment to get their Conrad Hotels & Resorts business started
What are the initial franchise fees for Conrad Hotels & Resorts?
Franchisees typically need to pay at least $75,000 in fees directly to Conrad Hotels & Resorts in order to earn the right to launch their business
How much money can I make with a Conrad Hotels & Resorts franchise? What are the average revenues for a typical Conrad Hotels & Resorts business?
We haven’t done the math on how much revenue a typical Conrad Hotels & Resorts brings in each year. We estimate that other franchisees in the Lodging & Leisure industry generate $0 revenue, so we would expect Conrad Hotels & Resorts to generate a similar amount
How long do I need to commit to running a Conrad Hotels & Resorts unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

5 /10
The Franchisor's investment costs ranges from $115,505 to $224,030 which is Much Lower than the $12,405,748 to $23,788,760 average in the Lodging 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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