Franchise opportunities compared

    Caption by Hyatt vs Hyatt Place Hotels

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Initial investment · Item 7

    Caption by Hyatt

    $24,998,472

    2026 FDD · Item 7 · PDF p. 38

    Hyatt Place Hotels

    $23,431,820 – $29,885,898

    2026 FDD · Item 7 · PDF p. 39

    Initial franchise fee · Item 5

    Caption by Hyatt

    Not available

    Hyatt Place Hotels

    Not available

    Royalty · Item 6

    Caption by Hyatt

    5%

    2026 FDD · Item 6 · PDF p. 21

    Hyatt Place Hotels

    5%

    2026 FDD · Item 6 · PDF p. 22

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Only Hyatt Place Hotels has reviewed Item 19 figures here.

    Financial commitment

    Estimated initial investment (Item 7)

    Caption by Hyatt

    $24,998,472
    Total initial investment excluding real estate: $24,998,472 to $31,557,050
    2026 FDD · Item 7 · PDF p. 38

    Hyatt Place Hotels

    $23,431,820 – $29,885,898
    Total excluding real estate
    2026 FDD · Item 7 · PDF p. 39
    Standard initial franchise fee (Item 5)

    Caption by Hyatt

    Not available
    No single standard fee identified

    Hyatt Place Hotels

    Not available
    No single standard fee identified
    Royalty (Item 6)

    Caption by Hyatt

    5%
    Royalty fee
    2026 FDD · Item 6 · PDF p. 21

    Hyatt Place Hotels

    5%
    Royalty monthly gross rooms revenue
    2026 FDD · Item 6 · PDF p. 22
    Brand / advertising fund (Item 6)

    Caption by Hyatt

    $1,027
    Field marketing monthly fee: $1,027 to $2,883
    2026 FDD · Item 6 · PDF p. 27

    Hyatt Place Hotels

    $1,027
    Field marketing monthly range by service tier
    2026 FDD · Item 6 · PDF p. 28

    System scale & health

    Total outlets (Item 20)

    Caption by Hyatt

    2
    Outlets at end of 2024
    2025 FDD · Item 20 · PDF p. 82

    Hyatt Place Hotels

    347
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 91
    Net outlet change (Item 20)

    Caption by Hyatt

    +1
    Calculated: 1 at end of 2022 → 2 at end of 2024

    Hyatt Place Hotels

    +6
    Calculated: 341 at end of 2023 → 347 at end of 2025
    Outlet exits (Item 20)

    Caption by Hyatt

    Not available
    No complete exit records for a year

    Hyatt Place Hotels

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Caption by Hyatt

    Not available
    Not in reviewed records

    Hyatt Place Hotels

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Caption by Hyatt

    Not available
    Not in reviewed records

    Hyatt Place Hotels

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Caption by Hyatt

    Not disclosed — no Item 19 financial performance representation

    HPHyatt Place Hotels
    Locations counted not stated in the reviewed record — Franchised Covered Hotels
    71.2 percent
    other Franchised Covered Hotels
    2026 FDD · Item 19 · PDF p. 84
    Locations counted not stated in the reviewed record — Owned/Managed Covered Hotels
    25 hotels
    other Owned/Managed Covered Hotels
    2026 FDD · Item 19 · PDF p. 84
    Locations counted not stated in the reviewed record — All Covered Hotels
    71 percent
    other All Covered Hotels
    2026 FDD · Item 19 · PDF p. 84
    +6 more groups in the full report

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    Caption by Hyatt vs Hyatt Place Hotels: common questions

    Which costs less to open, Caption by Hyatt or Hyatt Place Hotels?
    Caption by Hyatt: $24,998,472 (2026 FDD · Item 7 · PDF p. 38); Hyatt Place Hotels: $23,431,820 – $29,885,898 (2026 FDD · Item 7 · PDF p. 39). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Hyatt Place Hotels. Estimates are not quotes, and the FDD years may differ.
    How do Caption by Hyatt and Hyatt Place Hotels royalties compare?
    Caption by Hyatt: 5% (2026 FDD · Item 6 · PDF p. 21); Hyatt Place Hotels: 5% (2026 FDD · Item 6 · PDF p. 22). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, Caption by Hyatt or Hyatt Place Hotels?
    Caption by Hyatt: 2 (2025 FDD · Item 20 · PDF p. 82); Hyatt Place Hotels: 347 (2026 FDD · Item 20 · PDF p. 91). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Caption by Hyatt and Hyatt Place Hotels disclose financial performance (Item 19)?
    Caption by Hyatt makes no Item 19 financial performance representation; Hyatt Place Hotels has reviewed Item 19 figures for 9 location groups. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

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