Caption by Hyatt is a select-service hotel brand offering stylish and affordable accommodations with a focus on modern urban living. The franchise provides access to Hyatt's global reservation system, along with training and ongoing support.
Key Insights
- Caption By Hyatt emerged from a vision to redefine the select-service hotel experience, building upon decades of hospitality expertise. This franchise concept focuses on fostering community and authentic local connections, integrating technology seamlessly to empower guests and create a vibrant, engaging atmosphere that goes beyond a typical hotel stay.
- The business operates by offering a contemporary hotel experience tailored for modern travelers seeking both comfort and connection. Its model emphasizes intuitive technology, social gathering spaces, and a focus on local culture and experiences, creating a distinct identity within the competitive hospitality landscape.
- The franchise operates within the dynamic and evolving hospitality industry, specifically catering to the select-service segment. This sector is characterized by its focus on efficient operations, value, and an increasing demand for personalized, experience-driven stays from a diverse range of travelers.
Franchise Fee and Costs to Open
Exploring the financial picture of Caption By Hyatt 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 $28,378,455 - $87,964,018, along with a franchise fee of $95,000 - $150,000.
Financial Performance and Revenue
Training and Resources
Caption By Hyatt provides comprehensive training for new franchisees. Initial training spans four weeks and takes place at a corporate facility. The franchisor offers extensive operational and brand immersion resources. Caption By Hyatt recommends a phased approach to learning its systems. These resources are designed to support successful launch and ongoing operations.
Legal Considerations
Legal considerations for a Caption By Hyatt 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 Caption By Hyatt franchise involves navigating local market dynamics, requiring keen understanding of competitor offerings and guest preferences. Managing diverse food and beverage offerings, alongside guest services, presents operational complexity. Reliance on specific hospitality supply chains for unique F&B concepts and quality amenities necessitates robust vendor relationships.
Franchise Datasheet
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