Tribute Portfolio FDD – Franchise Information, Costs and Fees
Type of Business
The franchisee will establish and operate a full-service hotel that will be designated as a member of the “Tribute Portfolio.”
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.
The total investment necessary to begin operation of a newly-constructed Tribute Portfolio hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), insurance, and contingencies, ranges from $47,843,340 to $78,582,140 for a 200-guestroom Tribute Portfolio hotel. This includes approximately $248,950 to $352,250 that must be paid to the franchisor or an affiliate.