Doubletree FDD Summary
Type of Business
As a Franchisee, you will establish and operate a hotel business under a Franchise Agreement with Doubletree Franchise LLC.
Doubletree Franchise LLC. is a Delaware limited liability company formed in September 2007. They do business under the names “DoubleTree”, “DoubleTree by Hilton” and “DoubleTree Suites by Hilton”. Their business address is 7930 Jones Branch Drive, Suite1100, McLean, Virginia 22102. They also have a corporate office at 755 Crossover Lane, Memphis, Tennessee 38117. As of December 12, 2013, their ultimate corporate parent is Hilton Worldwide Holdings, Inc., a Delaware corporation formed in March 2010.
The total investment necessary to begin operation of a newly constructed 250 room DoubleTree hotel, excluding real property, is $35,478,000 to $59,089,375, including up to $t57,500 that must be paid to the franchisor or its affiliates.
The total investment necessary to begin operation of a newly constructed 250 room DoubleTree Suites hotel, excluding real estate, is $38,738,000 to $62,364,375, including up to $457,500 that must be paid to the franchisor or its affiliates.