Project H3 by Hilton is an extended stay hotel concept designed for modern travelers requiring longer visits. The franchise provides streamlined, functional lodging with Hilton's service standards.
Key Insights
- Project H3 by Hilton developed from extensive market research that identified critical gaps in customer satisfaction and service quality, leading to the creation of comprehensive solutions that combine proven business practices with innovative approaches to meet evolving consumer expectations and demands.
- Quality control systems ensure consistent results across all projects while adapting to unique specifications and client expectations, utilizing proven procedures and regular assessments that maintain high standards while accommodating individual needs and preferences.
- Demographic shifts create new customer segments with distinct needs and service preferences, requiring businesses to adapt their offerings while maintaining core quality standards, creating opportunities for growth through market diversification and specialized service development.
Franchise Fee and Costs to Open
Exploring the financial picture of Project H3 by Hilton 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 $16,047,090 - $21,092,894, along with a franchise fee of $100,000 - $100,000.
Financial Performance and Revenue
Training and Resources
Kitchen Refresh provides new franchisees with comprehensive training designed for success. This initial training is a five-day program, conducted at their corporate headquarters. The franchisor offers a robust operational manual and ongoing support resources. Kitchen Refresh also recommends utilizing their marketing materials and operational systems.
Legal Considerations
Legal considerations for a Project H3 by Hilton 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
Franchisees may encounter challenges such as a saturated local market requiring distinct differentiation, managing the intricate logistics of scheduling, material procurement, and skilled labor for multiple simultaneous projects, and navigating the dependency on specific, potentially variable, supplier networks for essential components and finishes.
Franchise Datasheet
FAQs
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