Travel, Hospitality & Leisure
Franchise ID: bvEfTLlaq71K08B7JBhFu1

Hyatt Place

Where comfort, style, and innovation meet.

Franchise Overview

Overview

Hyatt Place is a globally recognized hotel brand known for its balance of comfort, affordability, and contemporary design. Aimed at both business and leisure travelers, Hyatt Place properties provide a modern hospitality experience with spacious guest rooms, 24/7 amenities, and exceptional customer service. As part of the esteemed Hyatt Hotels Corporation, Hyatt Place extends the opportunity for franchisees to leverage a powerful brand and an innovative business model in the hospitality sector.

Key Features

Hyatt Place hotels feature roomy rooms, a Gallery Kitchen Breakfast, free Wi-Fi, dedicated meeting spaces, and client-focused amenities.

Franchisees also benefit from access to Hyatt’s global loyalty program, World of Hyatt, along with the company’s strong marketing and reservation systems.

  • Notable features include:
  • Flexible food service concepts for changing guest needs
  • Stylish multi-functional spaces for work and socializing
  • A commitment to cleanliness and guest safety

User Experience

Guests at Hyatt Place enjoy the blend of casual atmosphere and thoughtfully designed spaces. Each property is equipped with around-the-clock dining options, fitness centers, and flexible check-in/check-out, making it an ideal choice for business trips, group accommodations, or family travel.

Personalized service and thoughtful details empower the guest experience and contribute to high satisfaction levels and strong brand loyalty.

Market Opportunity

The global hospitality market continues to grow, particularly in the select-service segment where Hyatt Place has demonstrated strong performance. Franchisees can capitalize on:

  • A scalable business model designed for urban, suburban, and airport locations
  • Robust global reservation and distribution systems
  • Access to industry-leading marketing and top-tier operational support

Franchise Requirements

Initial Franchise Fee$60,000
Total Investment$13,000,000 - $22,000,000
Royalty Fee5% of gross rooms revenue
Marketing Fee2% of gross rooms revenue
Contract Term20 years
Net Worth Requirement$10,000,000 minimum
Liquid Capital Required$4,000,000 minimum
ExperiencePrior multi-unit hospitality or hotel experience strongly preferred
Financial Highlights
Average Unit Volume
$6,400,000
Average Profit Margin
18-25%
Typical Break Even
3-5 years
ROI (after 3 years)
Up to 15% after stabilization
Quick Facts

Established

2006

Total Units

400+

Headquarters

Chicago, IL, USA

Staffing

40-60 employees per property

Interested in This Franchise?
Get a detailed franchise business plan and investment guide

Ready to Join the Hyatt Place Family?

Schedule a consultation with our franchise development team to learn more about this opportunity.