Tribute Hotels FDD Summary
Type of Business
The franchisee will establish and operate a full-service hotel that will be designated as a member of the “Tribute Portfolio.”
Corporate Information
Marriott International, Inc. incorporated under the laws of the State of Delaware in 1997. Their principal business address is 10400 Fernwood Road, Bethesda, Maryland 20817.
Investment
The total investment necessary to begin operation of a newly-constructed Tribute Portfolio hotel, excluding the cost of real estate and carrying charges, ranges from $53,629,100 to $77,154,500 for a 250-guestroom Tribute Portfolio hotel. This includes approximately $293,100 to $400,500 that must be paid to the franchisor or an affiliate.