MN Filing 35676-202603-04
Franchise research report · reviewed 2026 disclosure data
Researching MN Filing 35676-202603-04 franchise opportunities? Every figure below is cited to the FDD.
Hyatt Place franchises operate upscale select-service hotels at approved locations. Hotels typically offer guest rooms, complimentary hot breakfast, high-speed internet, a fitness center, swimming pool and meeting space, supported by the brand’s reservation and operating systems.
Headline figures
MN Filing 35676-202603-04 quick facts
- Is MN Filing 35676-202603-04 a franchise?
- Yes. MN Filing 35676-202603-04 offers franchises through a Franchise Disclosure Document. At the end of 2025, it reported 322 franchised and 25 company-owned outlets (2026 FDD, Item 20, PDF p. 91).
- How much does it cost to open an MN Filing 35676-202603-04 franchise?
- The MN Filing 35676-202603-04 Franchise Disclosure Document reports an estimated initial investment of $23,431,820–$29,885,898 (2026 FDD, Item 7, PDF p. 39). This is the franchisor's disclosed estimate, not a quote. Details
- What ongoing fees does MN Filing 35676-202603-04 charge?
- The disclosed ongoing royalty is 5% (2026 FDD, Item 6, PDF p. 22). The brand or advertising fund contribution is $1,027 (2026 FDD, Item 6, PDF p. 28). Other recurring fees are listed in Item 6. Details
- Does MN Filing 35676-202603-04 disclose financial performance (Item 19)?
- Yes. The MN Filing 35676-202603-04 FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 84). Figures apply only to the locations and period each one covers. Details
- How many MN Filing 35676-202603-04 locations are there?
- The FDD reports 347 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 91). Existing locations do not indicate territory availability. Details
- Is MN Filing 35676-202603-04 a good franchise to buy?
- Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.
From reviewed FDD figures only. Not a recommendation or projection.
What the disclosures show
- 1Opening costs are estimated at $23,431,820 – $29,885,898 in the 2026 FDD (Item 7); several initial fee options apply.
- 2Item 19 covers 25 separate groups: other measures for 25 locations; other measures for 346 locations; other measures for 346 locations; other measures for 88 locations; other measures and revenue for 6 locations; other measures and revenue for 88 locations; other measures for 346 locations; other measures for 321 locations; other measures and revenue for 82 locations; other measures for 361 locations; other measures for 88 locations; other measures and revenue for 346 locations; other measures and revenue for 321 locations; other measures and revenue for 25 locations; revenue and other measures for 346 locations; other measures and revenue for 82 locations; other measures and revenue for 6 locations; revenue and other measures for 88 locations; revenue and other measures for 321 locations; other measures for 321 locations; other measures for 11 locations; other measures for 4 locations; other measures for 321 locations; other measures for 25 locations; revenue and other measures for 25 locations. They are not combined.
- 3Outlets grew by 5 in 2025, to 347 (Systemwide, as labeled in the FDD, Item 20).
From reviewed FDD figures only. Not a recommendation or projection.
Costs · Items 5–7
What does it cost to open?
Estimated opening costs and the fees payable to the franchisor.
Startup Investment — Item 7
Total estimated initial investment
2026 FDD · Item 7 · PDF p. 39
Ongoing Fees — Item 6
Selected recurring charges; payment bases and conditions remain attached to each fee.
- Royalty feeMain ongoing fee
58 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.
Financial Performance — Item 19
What results are disclosed—and for which locations?
25 separate populations, shown apart. Revenue is not owner income.
Locations counted: not stated in the reviewed record
Other measures · 25 locations
- Who is counted
- Owned/Managed Covered Hotels
- Period
- Owned/Managed Covered Hotels
- Excluded
- This is the separately identified ownership group within Covered Hotels.
- Method
- Franchisor-calculated 2025 average; 2025 calendar year
Locations counted: not stated in the reviewed record
Other measures · 346 locations
- Who is counted
- Covered Hotels operating throughout 2025
- Excluded
- 11 Brand Hotels opened during 2025; 4 Brand Hotels temporarily closed during part of 2025 and were excluded from Covered Hotels.
- Method
- Item 19 descriptive characteristics; year ended Dec. 31, 2025
Locations counted: not stated in the reviewed record
Other measures · 346 locations
- Who is counted
- Covered Hotels
- Excluded
- 11 hotels opened during 2025; 4 hotels temporarily closed during part of 2025 and were excluded.
- Method
- Item 19 descriptive characteristics; year ended Dec. 31, 2025
Locations counted: not stated in the reviewed record
Other measures · 88 locations
- Who is counted
- Urban Hotels
- Excluded
- Urban Hotels are a defined subset of Covered Hotels; the filing does not state additional exclusions for the subset.
- Method
- Item 19 descriptive characteristics; year ended Dec. 31, 2025
Locations counted: not stated in the reviewed record
Revenue and other measures · 6 locations
- Who is counted
- Owned/Managed Urban Hotels
- Period
- Owned/Managed Urban Hotels
- Excluded
- The Covered Hotels group excludes 11 Brand Hotels opened during 2025 and 4 hotels temporarily closed during part of 2025.
- Method
- Franchisor-calculated 2025 average; 2025 calendar year
Locations counted: not stated in the reviewed record
Revenue and other measures · 88 locations
- Who is counted
- All Urban Hotels
- Period
- All Urban Hotels
- Excluded
- Urban Hotels are a defined subset of the 346 Covered Hotels; Covered Hotels excludes 11 hotels opened during 2025 and 4 temporarily closed during part of 2025.
- Method
- FPR1 2025 high/low, median, and count/percentage exceeding average; 2025 calendar year
Locations counted: not stated in the reviewed record
Other measures · 346 locations
- Who is counted
- Reservations at Covered Hotels during 2025
- Excluded
- 11 hotels opened during 2025; 4 hotels temporarily closed during part of 2025 and were excluded from Covered Hotels.
- Method
- Item 19 descriptive characteristics; year ended Dec. 31, 2025
Locations counted: not stated in the reviewed record
Other measures · 321 locations
- Who is counted
- Franchised Covered Hotels
- Period
- Franchised Covered Hotels
- Excluded
- The Covered Hotels group excludes 11 Brand Hotels opened during 2025 and 4 hotels temporarily closed during part of 2025.
- Method
- FPR1 2025 high/low, median, and count/percentage exceeding average; 2025 calendar year
Locations counted: not stated in the reviewed record
Revenue and other measures · 82 locations
- Who is counted
- Franchised Urban Hotels
- Period
- Franchised Urban Hotels
- Excluded
- The Covered Hotels group excludes 11 Brand Hotels opened during 2025 and 4 hotels temporarily closed during part of 2025.
- Method
- Franchisor-calculated 2025 average; 2025 calendar year
Locations counted: not stated in the reviewed record
Other measures · 361 locations
- Who is counted
- Brand Hotels operating in North America (U.S. and Canada) as of December 31, 2025
- Excluded
- This count is for hotels operating as of December 31, 2025; the filing separately states that 11 opened during 2025 and 4 hotels were temporarily closed during part of 2025 and excluded from Covered Hotels.
- Method
- Item 19 descriptive characteristics; year ended Dec. 31, 2025
Locations counted: not stated in the reviewed record
Other measures · 88 locations
- Who is counted
- Covered Hotels operating in densely populated parts of large metropolitan areas
- Excluded
- Urban Hotels are a defined subset of Covered Hotels; no other exclusions for this subset are stated.
- Method
- Item 19 descriptive characteristics; year ended Dec. 31, 2025
Locations counted: not stated in the reviewed record
Revenue and other measures · 346 locations
- Who is counted
- All Covered Hotels
- Period
- All Covered Hotels
- Excluded
- 11 Brand Hotels opened during 2025; 4 temporarily closed during part of 2025 and were excluded.
- Method
- Franchisor-calculated 2025 average; 2025 calendar year
Locations counted: not stated in the reviewed record
Revenue and other measures · 321 locations
- Who is counted
- Franchised Covered Hotels during 2025
- Period
- Franchised Covered Hotels
- Excluded
- This is the separately identified ownership group within Covered Hotels.
- Method
- World of Hyatt program data for 2025; 2025 calendar year
Locations counted: not stated in the reviewed record
Revenue and other measures · 25 locations
- Who is counted
- Owned/Managed Covered Hotels during 2025
- Period
- Owned/Managed Covered Hotels
- Excluded
- This is the separately identified ownership group within Covered Hotels.
- Method
- World of Hyatt program data for 2025; 2025 calendar year
Locations counted: not stated in the reviewed record
Revenue and other measures · 346 locations
- Who is counted
- All Covered Hotels during 2025
- Period
- All Covered Hotels
- Excluded
- Covered Hotels excludes 11 hotels opened during 2025 and 4 hotels temporarily closed during part of 2025.
- Method
- World of Hyatt program data for 2025; 2025 calendar year
Locations counted: not stated in the reviewed record
Revenue and other measures · 82 locations
- Who is counted
- Franchised Urban Hotels, 2025 World of Hyatt program metrics
- Period
- Franchised Urban Hotels
- Excluded
- This is the separately defined ownership subset within Urban Hotels.
- Method
- World of Hyatt program data for 2025; 2025 calendar year
Locations counted: not stated in the reviewed record
Revenue and other measures · 6 locations
- Who is counted
- Owned/Managed Urban Hotels, 2025 World of Hyatt program metrics
- Period
- Owned/Managed Urban Hotels
- Excluded
- This is the separately defined ownership subset within Urban Hotels.
- Method
- World of Hyatt program data for 2025; 2025 calendar year
Locations counted: not stated in the reviewed record
Revenue and other measures · 88 locations
- Who is counted
- All Urban Hotels, 2025 World of Hyatt program metrics
- Period
- All Urban Hotels
- Excluded
- This is the defined urban subset of Covered Hotels; the broader Covered Hotels group excludes 11 openings and 4 temporary closures.
- Method
- World of Hyatt program data for 2025; 2025 calendar year
Locations counted: not stated in the reviewed record
Revenue and other measures · 321 locations
- Who is counted
- Franchised Covered Hotels, World of Hyatt member revenue/occupied-room-night statistics for 2025
- Period
- Franchised Covered Hotels
- Excluded
- Covered Hotels excludes 11 Brand Hotels opened during 2025 and 4 hotels temporarily closed during part of 2025.
- Method
- World of Hyatt program table 2025 high/low, median and exceedance statistics; 2025 calendar year
Locations counted: not stated in the reviewed record
Other measures · 321 locations
- Who is counted
- Franchised Covered Hotels, 2025 World of Hyatt group
- Period
- Franchised Covered Hotels
- Excluded
- Covered Hotels excludes 11 Brand Hotels opened during 2025 and 4 hotels temporarily closed during part of 2025.
- Method
- World of Hyatt program table 2025 high/low, median and exceedance statistics; 2025 calendar year
Locations counted: not stated in the reviewed record
Other measures · 11 locations
- Who is counted
- Brand Hotels that opened during 2025
- Excluded
- These newly opened hotels are distinguished from the 346 Covered Hotels that operated during all of 2025.
- Method
- Item 19 descriptive characteristics; year ended Dec. 31, 2025
Locations counted: not stated in the reviewed record
Other measures · 4 locations
- Who is counted
- Brand Hotels excluded from Covered Hotels because they temporarily closed during part of 2025
- Excluded
- Temporarily closed during a portion of 2025.
- Method
- Item 19 descriptive characteristics; year ended Dec. 31, 2025
Locations counted: not stated in the reviewed record
Other measures · 321 locations
- Who is counted
- Covered Hotels owned and operated by franchisees
- Excluded
- The remaining Covered Hotels are in the separately disclosed Owned/Managed group.
- Method
- Item 19 descriptive characteristics; year ended Dec. 31, 2025
Locations counted: not stated in the reviewed record
Other measures · 25 locations
- Who is counted
- Covered Hotels in which an affiliate owns at least 50% or manages for a third party
- Excluded
- The remaining Covered Hotels are in the separately disclosed Franchised group.
- Method
- Item 19 descriptive characteristics; year ended Dec. 31, 2025
Locations counted: not stated in the reviewed record
Revenue and other measures · 25 locations
- Who is counted
- Owned/Managed Covered Hotels, 2025 World of Hyatt group
- Period
- Owned/Managed Covered Hotels
- Excluded
- This is the separately identified Owned/Managed Covered Hotels group.
- Method
- World of Hyatt program table 2025 high/low, median and exceedance statistics; 2025 calendar year
These groups are never combined.
Outlet Changes — Item 20
How has the outlet count changed?
Systemwide, as labeled in the FDD · counts as of Year listed of each year.
2026 FDD · Item 20 · PDF p. 91
Net +6 outlets, 2023–2025
Year-end counts reported in Item 20. The scale starts at zero, so the line looks nearly flat; the labels between the dots show each year's change. Openings and closures for 2025 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.
Questions to investigate
Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.
For the franchisor
Which line items in the 2026 Item 7 estimate ($23,431,820 – $29,885,898) vary most by market, and why?
Which initial fee option would apply to my situation, and what conditions or discounts affect it?
Which locations are included in the Item 19 figures, and which were excluded?
Reported units went from 342 to 347 in 2025. How many new units opened, closed or changed hands?
Is a territory available in my area, and how is it defined in my agreement?
For current and former owners
How did your actual startup costs and timeline compare with the Item 7 estimate?
How many hours a week do you work in the business, and in what role?
How do your results compare with the Item 19 figures, and what explains the difference?
What support from the franchisor has been most and least useful?
For your advisors
Ask a franchise attorney to review the territory, renewal, transfer and termination terms.
Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.
Sources & vintage history
Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.
Citations (2026 FDD)
- [1]Estimated initial investment — Item 7 · PDF p. 39
- [2]Item 19 — Locations counted not stated in the reviewed record — Owned/Managed Covered Hotels · PDF p. 84; PDF p. 85; PDF p. 86; PDF p. 87; PDF p. 88; PDF p. 89
- [3]Item 19 — Locations counted not stated in the reviewed record — Covered Hotels operating throughout 2025 · PDF p. 83
- [4]Item 19 — Locations counted not stated in the reviewed record — Covered Hotels · PDF p. 83
- [5]Item 19 — Locations counted not stated in the reviewed record — Urban Hotels · PDF p. 83
- [6]Item 19 — Locations counted not stated in the reviewed record — Owned/Managed Urban Hotels · PDF p. 84; PDF p. 83; PDF p. 85; PDF p. 86; PDF p. 87; PDF p. 88; PDF p. 89
- [7]Item 19 — Locations counted not stated in the reviewed record — All Urban Hotels · PDF p. 85; PDF p. 84; PDF p. 87; PDF p. 88; PDF p. 89; PDF p. 86
- [8]Item 19 — Locations counted not stated in the reviewed record — Reservations at Covered Hotels during 2025 · PDF p. 83
- [9]Item 19 — Locations counted not stated in the reviewed record — Franchised Covered Hotels · PDF p. 85; PDF p. 84; PDF p. 86; PDF p. 87; PDF p. 89
- [10]Item 19 — Locations counted not stated in the reviewed record — Franchised Urban Hotels · PDF p. 84; PDF p. 85; PDF p. 86; PDF p. 87; PDF p. 88; PDF p. 83; PDF p. 89
- [11]Item 19 — Locations counted not stated in the reviewed record — Brand Hotels operating in North America (U.S. and Canada) as of December 31, 20… · PDF p. 83
- [12]Item 19 — Locations counted not stated in the reviewed record — Covered Hotels operating in densely populated parts of large metropolitan areas · PDF p. 83
- [13]Item 19 — Locations counted not stated in the reviewed record — All Covered Hotels · PDF p. 84; PDF p. 85; PDF p. 86; PDF p. 87; PDF p. 88; PDF p. 89
- [14]Item 19 — Locations counted not stated in the reviewed record — Franchised Covered Hotels during 2025 · PDF p. 88
- [15]Item 19 — Locations counted not stated in the reviewed record — Owned/Managed Covered Hotels during 2025 · PDF p. 88
- [16]Item 19 — Locations counted not stated in the reviewed record — All Covered Hotels during 2025 · PDF p. 88
- [17]Item 19 — Locations counted not stated in the reviewed record — Franchised Urban Hotels, 2025 World of Hyatt program metrics · PDF p. 88
- [18]Item 19 — Locations counted not stated in the reviewed record — Owned/Managed Urban Hotels, 2025 World of Hyatt program metrics · PDF p. 88
- [19]Item 19 — Locations counted not stated in the reviewed record — All Urban Hotels, 2025 World of Hyatt program metrics · PDF p. 88
- [20]Item 19 — Locations counted not stated in the reviewed record — Franchised Covered Hotels, World of Hyatt member revenue/occupied-room-night st… · PDF p. 88
- [21]Item 19 — Locations counted not stated in the reviewed record — Franchised Covered Hotels, 2025 World of Hyatt group · PDF p. 88
- [22]Item 19 — Locations counted not stated in the reviewed record — Brand Hotels that opened during 2025 · PDF p. 83
- [23]Item 19 — Locations counted not stated in the reviewed record — Brand Hotels excluded from Covered Hotels because they temporarily closed durin… · PDF p. 83
- [24]Item 19 — Locations counted not stated in the reviewed record — Covered Hotels owned and operated by franchisees · PDF p. 83
- [25]Item 19 — Locations counted not stated in the reviewed record — Covered Hotels in which an affiliate owns at least 50% or manages for a third p… · PDF p. 83
- [26]Item 19 — Locations counted not stated in the reviewed record — Owned/Managed Covered Hotels, 2025 World of Hyatt group · PDF p. 88
- [27]Outlet counts — Item 20, Table 1 · PDF p. 91
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.
Territory & operations
These are contract disclosures, not confirmation that any territory is currently available.
Legal & agreement
Franchisor financial statements
| Fiscal year | Measure | Reported value |
|---|---|---|
| 2025 | total revenues | $7,101 |
| 2025 | franchise and other fees | $480 |
| 2025 | net cash used in financing activities | -$954 |
| 2025 | total current liabilities | $2,894 |
| 2025 | total stockholders' equity | $3,334 |
| 2025 | net income attributable to hyatt hotels corporation | -$52 |
| 2025 | total assets | $14,036 |
| 2025 | long-term debt | $4,272 |
| 2025 | total liabilities | $10,377 |
| 2025 | total equity | $3,659 |
| 2025 | net income | -$49 |
| 2025 | cash, cash equivalents, and restricted cash—end of year | $788 |
| 2025 | cash paid during the period for interest | $277 |
| 2025 | cash and cash equivalents | $787 |
| 2025 | total current assets | $2,177 |
| 2025 | net cash provided by operating activities | $379 |
| 2025 | net cash provided by | $357 |
| 2025 | deferred revenue loyalty liability estimate at december 31, 2025 | $1,533 |
| 2025 | consolidated goodwill balance at december 31, 2025 | $3,454 |
| 2024 | total revenues | $6,648 |
| 2024 | franchise and other fees | $458 |
| 2024 | net cash used in financing activities | -$618 |
| 2024 | total current liabilities | $3,274 |
| 2024 | total liabilities | $9,498 |
| 2024 | net income | $1,296 |
| 2024 | net income attributable to hyatt hotels corporation | $1,296 |
| 2024 | total assets | $13,324 |
| 2024 | long-term debt | $3,326 |
| 2024 | total stockholders' equity | $3,547 |
| 2024 | total equity | $3,826 |
| 2024 | cash, cash equivalents, and restricted cash—end of year | $1,015 |
| 2024 | cash paid during the period for interest | $167 |
| 2024 | cash and cash equivalents | $1,011 |
| 2024 | total current assets | $2,733 |
| 2024 | net cash provided by operating activities | $633 |
| 2024 | net cash provided by | $81 |
| 2023 | total revenues | $6,667 |
| 2023 | net cash used in financing activities | -$578 |
| 2023 | net income | $220 |
| 2023 | franchise and other fees | $364 |
| 2023 | cash, cash equivalents, and restricted cash—end of year | $919 |
| 2023 | cash paid during the period for interest | $115 |
| 2023 | net income attributable to hyatt hotels corporation | $220 |
| 2023 | net cash provided by operating activities | $800 |
| 2023 | net cash provided by | -$365 |
These figures describe the franchisor company, not individual franchise locations.
SBA-backed loans to franchisees
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Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.
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At a glance
Business history
Not reviewed
Owner participation
Not reviewed
Territory language
Litigation disclosure
Not reviewed
Bankruptcy disclosure
Not reviewed
Agreement term
Not reviewed
Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.