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Doubletree
Hotel
Look to the two trees for one good night's sleep. Doubletree Hotels is a chain of about 160 full-service hotels in the mid-market to upscale segment. The hotels, located primarily in the US, are also found in Canada and Latin America. The chain also includes Doubletree Guest Suites (all-suite hotels) and Doubletree Club (moderately priced format). The company was formed in 1993 by combining Guest Quarters (Boston) and Doubletree Hotels (Phoenix), and was acquired by Hilton Hotels in 1999. Investment firm The Blackstone Group purchased Hilton in 2007 in a deal worth more than $20 billion.
Doubletree
7930 Jones Branch Drive
McLean, VA 22102
800-286-0645
Fast Facts
| Year established | 1989 |
| Franchising since | 1989 |
| Can be run from home? | No |
| Item 19 Financial Performance Representation? | Yes |
| Multiple units must be purchased in U.S. | No |
| Multiple units must be purchased outside U.S. | No |
| Absentee ownership allowed? | No |
Franchise Unit Growth Rate
| Year | U.S. Franchises |
Non-U.S. Franchises |
Company-Owned Locations |
| 2011 | 178 | 27 | 55 |
| 2010 | 170 | 22 | 53 |
| 2009 | 162 | 15 | 50 |
Expanding in These Locations
United States, Worldwide
Costs
| Total Investment | $33,853,000 - $56,777,500 |
| Franchise Fee | $75,000 |
| Royalty Fee | 5% |
Financial Requirements
| Net Worth | Varies depending on financing secured |
| Liquid Capital | Varies depending on financing secured |
Franchisee Qualifications
Management experience
Financing
| Does franchisor offer financing? | No |
| Is franchisor on the SBA's Franchise Registry? | No |
| Is franchisor a member of the IFA's VetFran program? | No |
Doubletree
7930 Jones Branch Drive
McLean, VA 22102
800-286-0645
Content provided by Hoovers.com
Doubletree Corporation
Look to the two trees for one good night's sleep. Doubletree Hotels is a chain of about 160 full-service hotels in the mid-market to upscale segment. The hotels, located primarily in the US, are also found in Canada and Latin America. The chain also includes Doubletree Guest Suites (all-suite hotels) ...
| Company Type: | Subsidiary |
| Employees: | 13,800 |
| Executives: | Dave Horton, SVP Brand ManagementThomas Wingham, Director Brand CommunicationsSteven R. (Steve) Goldman, President, Global Development and Real Estate |
| Sales: | $464,600,000 |
| Industries: | Mid-Priced Hotels & Motels |
| See More Industries | |
| Top Competitors: | InterContinental HotelsMarriottRadisson Hotels |
Doubletree
7930 Jones Branch Drive
McLean, VA 22102
800-286-0645

