Hilton Garden Inns FDD Summary
Type of Business
We license the Hilton Garden Inn system. The System consists of the elements, including know how, we designate from time to time to identify hotels operating worldwide under the Licensed Brand and currently includes the Marks; access to a reservation service; advertising, publicity and other marketing programs and materials; training programs and materials; standards, specifications and policies for construction, furnishing, operation, appearance and service of the hotel; and other elements we refer to in the Franchise License Agreement, in the Manual or in other communications to you; and programs for our inspecting the hotel and consulting with you.
Corporate Information
We are a Delaware limited liability company formed in September 2007. We do business under the name “Hilton Garden Inns”. Our principal business address since August 1, 2009 has been 7930 Jones Branch Drive, Suite 1100, McLean, Virginia 22102 and our telephone number is (703) 883-1000. Prior to August 1, 2009, our principal business address was 9336 Civic Center Drive, Beverly Hills, California 90210.
Our indirect corporate parent is Hilton Worldwide, Inc., a Delaware corporation which has conducted a guest lodging business since May 1946. HWI was formerly known as Hilton Hotels Corporation.
On October 24, 2007, HWI was acquired by BH Hotels LLC, a Delaware limited liability company controlled by investment funds affiliated with The Blackstone Group L.P. (NYSE: BX).
Investment
Development Services Fee of $75,000 for the first 150 guest rooms plus $450 for each additional guest room, with a minimum fee of $75,000. If you increase the proposed number of rooms/suites for the hotel at any time after your Application is approved and before the opening of your hotel under the Licensed Brand, you must obtain our approval and pay the additional Development Services Fee owed, if any, as if you had included those additional rooms/suites as part of your original Application.