Hyatt House Hotels FDD – Franchise Information, Costs and Fees
Type of Business
The franchise offered is to operate an upscale, extended stay Hyatt House Hotel.
Hyatt House Franchising, L.L.C. was formed as a Kansas limited partnership called SF Hotel Company, L.P. and later changed its name to Summerfield Hotel Company L.P. In January 2006, one of their parent companies, Select Hotels Group, L.L.C., acquired all of the ownership interests in Hyatt House Hotel Holding Company, L.L.C. They then converted to a Kansas limited liability company named Summerfield Hotel Company, L.L.C. In September 2011 they changed their name to Hyatt House Franchising, L.L.C. Their principal business address is 150 North Riverside Plaza, Chicago, Illinois 60606.
The total investment necessary to begin operation of a Hyatt House Hotel ranges from $16,665,875 to $37,622,250. This includes $176,775 to $267,100 that must be paid to the franchisor or affiliate.