Hyatt Place
Hyatt Place is an upscale, select-service hotel brand offering comfortable guest rooms with modern design, high-speed internet, and thoughtful amenities. We serve both corporate business travelers and weekend leisure guests who want a reliable stay with the conveniences of a full travel schedule. Our hotels typically include complimentary hot breakfast, a fitness center, a swimming pool, and meeting space, along with service standards supported by technology and streamlined operations. We operate in primary and secondary cities through hotel properties approved for our system and designed to deliver a consistent guest experience.
Your franchise match score
Lodging & Hospitality
Brand highlights
- CEO
- Headquarters150 North Riverside Plaza, Chicago, IL, 60606
- Year founded
- Year started franchising2005
- IndustryLodging & Hospitality
- Locations open342 (+10 last three years)
Statistics & metrics
- Investment range$17,918,455 - $52,134,018
- Franchise fee$75,000
- Royalty5% of Gross Rooms Revenue
- Brand fundCurrently 3.5% of Gross Rooms Revenue, but could increase if costs increase
- Required Liquid CapitalN/A
- Required Net WorthN/A
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2025-03-26
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Hyatt Place, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Initial Franchise Fee | Learn about the initial franchise fee required to join the Hyatt Place franchise system and what that fee covers. | |
| Other Fees | Understand the ongoing and additional fees associated with owning a Hyatt Place franchise, including royalties, marketing contributions, and other required payments. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Hyatt Place franchise, including startup costs and working capital estimates. | |
| Territory | Understand how franchise territories are defined, whether they are exclusive, and under what circumstances they may be modified by Hyatt Place. | |
| Financial Performance Representations | Review any financial performance information Hyatt Place provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 342 |
| Franchise locations | 318 |
| Corporate locations | 24 |
System growth over time
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