FDD Analysis 2025 FDD

Tribute, Tribute Portfolio, Tribute Portfolio Hotels, Tribute Portfolio hotels and resorts, Tribute Portfolio Residences Franchise Disclosure Document (FDD): Key Facts & Financials

The Franchise Disclosure Document (FDD) is a legal document that franchisors must provide to prospective franchisees at least 14 days before any agreement is signed or money changes hands.

This page summarizes the key facts and financials from Tribute, Tribute Portfolio, Tribute Portfolio Hotels, Tribute Portfolio hotels and resorts, Tribute Portfolio Residences's FDD, including franchise costs (Item 7), ongoing fees (Item 6), financial performance data (Item 19), and unit growth trends (Item 20).

What the Tribute, Tribute Portfolio, Tribute Portfolio Hotels, Tribute Portfolio hotels and resorts, Tribute Portfolio Residences FDD Covers

Required disclosure items from the franchisor

Franchisor Background

Items 1-4: Company history, litigation, bankruptcy

Fees & Costs

Items 5-7: Initial fees, ongoing fees, total investment

Obligations & Restrictions

Items 8-16: Purchasing, territory, trademarks

Financial Performance

Item 19: Revenue data provided

Franchise Costs (Item 7 Summary)

Initial investment required to open a franchise

Total Initial Investment$58,698,740 - $96,269,140
Franchise Fee$100,000

Investment Breakdown

Initial Franchise Application Fee$100,000 - $100,000
Pre-Opening Training, Revenue Management, Marketing & Digital Support, and Related Services$75,250 - $152,250
Property Management System, Reservation System, Yield Management System, and Sales and Catering System$133,000 - $225,000
Other Systems and Training$42,000 - $135,000
Market Feasibility Study$15,000 - $25,000

+ 5 more categories

Ongoing Fees (Item 6 Summary)

Recurring fees paid to the franchisor

Royalty Fee5% of gross sales
Marketing/Advertising Fee20.52% of gross sales

Other Ongoing Fees

Program Services Contribution2.02%
Loyalty ProgramVaries
Revenue Management Advisory ServicesVaries
Cluster Revenue Management and Revenue Management Advisory Services Signature TiersVaries
Area Sales and Multi-Hotel SalesVaries

Item 19 Financial Performance

Revenue and financial data (if disclosed)

Median Revenue$146/year
Disclosure Year2025
Reporting Units—
Revenue VarianceLow variance (consistent performance)

Unit Growth & Franchisee Behavior (Item 20)

Franchise system size and trends

87

Total Units

+21

Net Growth (YoY)

+31.8%

Growth Rate

Franchised Units87
Company-Owned Units—

What the FDD Doesn't Make Obvious

Key considerations beyond the disclosure

Legal History

This FDD discloses litigation history. Review Item 3 carefully to understand the nature and outcome of any legal proceedings.

Real Estate & Location

FDDs often understate the challenge of finding suitable real estate. Site selection, lease negotiation, and buildout timelines can significantly impact your total investment and time to open.

Working Capital Needs

Initial investment ranges often assume a best-case scenario. Many franchisees need additional working capital during the ramp-up period, especially in the first 6-12 months of operation.

Related Resources

Tribute, Tribute Portfolio, Tribute Portfolio Hotels, Tribute Portfolio hotels and resorts, Tribute Portfolio Residences Overview

Full franchise profile and details

Is Tribute, Tribute Portfolio, Tribute Portfolio Hotels, Tribute Portfolio hotels and resorts, Tribute Portfolio Residences Worth It?

Investment analysis and evaluation

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