Hyatt Select provides upper-midscale, select service hotel accommodations. The franchise offers modern rooms, state-of-the-art technology, and amenities such as complimentary grab-and-go breakfast and a 24-hour market for travelers.
Key Insights
- Hyatt Select began as a direct response to inefficiencies and limitations that existed in conventional service approaches, with founders committed to establishing superior alternatives that prioritize customer experience, operational excellence, and sustainable business growth through systematic improvement.
- Operational efficiency streamlines processes and reduces costs while maintaining the quality and attention to detail that builds reputation and customer satisfaction, utilizing technology and proven methods to maximize value while ensuring consistent service delivery.
- Professional standards continue to evolve within the industry, creating competitive advantages for quality-focused providers who invest in training, certification, and continuous improvement while maintaining customer-centered service approaches that build trust and loyalty.
Franchise Fee and Costs to Open
Exploring the financial picture of Hyatt Select gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $11,066,886 - $19,969,517, along with a franchise fee of $50,000 - $100,000.
Financial Performance and Revenue
Training and Resources
Surv provides new franchisees with comprehensive training. This initial program, lasting two weeks, takes place at Surv's headquarters. Surv offers extensive operational and marketing resources to support your launch. Surv recommends utilizing these materials to establish a solid foundation.
Legal Considerations
Legal considerations for a Hyatt Select franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Operating a home and building services franchise presents considerations such as navigating existing local market competition, managing the operational complexity inherent in diverse service offerings, and maintaining robust relationships within specific supply chains to ensure consistent availability of materials and qualified personnel. Franchisees will also need to adapt service delivery to local customer expectations and evolving building codes.
Franchise Datasheet
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