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FRANCHISE ADVERTISING FEES. FRANCHISE ADVERTISING


FRANCHISE ADVERTISING FEES. NEW FRANCHISE IDEAS. TOP SMALL BUSINESS FRANCHISE



Franchise Advertising Fees





franchise advertising fees






    advertising fees
  • Not all franchisors charge advertising fees. Often, an annual fee is paid by the franchisee to the franchisor for corporate advertising expenditures, which is often less then 3% of the franchisee's annual sales and typically paid in addition to the royalty fee.

  • These fees cover the cost of advertising. NOTE: These fees do not appear on the vehicle invoice and are typically hidden in the form of an acronym when added to the sales contract. Example: LMDA = Lincoln Mercury Dealer Advertising)





    franchise
  • A business or service given such authorization to operate

  • a statutory right or privilege granted to a person or group by a government (especially the rights of citizenship and the right to vote)

  • An authorization given by a league to own a sports team

  • an authorization to sell a company's goods or services in a particular place

  • An authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, e.g., providing a broadcasting service or acting as an agent for a company's products

  • grant a franchise to











Hilton Manhattan East (the former Tudor Hotel)




Hilton Manhattan East (the former Tudor Hotel)





Hilton Manhattan East (the former Tudor Hotel)
304 East 42nd Street
New York, NY 10017

Very interesting brick work.
--------
Completed in 1930 the Tudor City Apartment Hotel’s architect was the Fred F. French Company.

French was also a real estate developer who conceived Tudor City, a multi building residential enclave of neo-gothic towers. He is quoted as saying “"You can't overbuild in New York.” A 1920’s brochure for Tudor City described it as a "human residential enclave" with "tulip gardens, small golf courses, and private parks."

By 1932 the project was completed with 9 big apartment houses and a hotel. It is thought to be the first residential skyscraper complex in the world. It takes its name from England’s Tudor Dynasty.

From the Tudor City Historic District Designation Report – The Hotel Tudor is the only Tudor City building that was erected as a transient hotel and not for permanent residence. It is a 23-story building built with 600-rooms (singles, doubles and 2-room suites). On the upper floor some rooms had access to private roof terraces. The building extends through the street and faces onto East 41st street as well. The 42nd Street façade is three bays wide. Of interest about the façade are the texture and pattern of the brickwork – on the piers and within the spandrels – and the glazed tiles used on the recessed entrance.

Its crossword-style rooftop sign remains a familiar sight for those looking east from nearby Grand Central Terminal.

In a February 1997 press release Intercontinental Hotels announced it acquired the 300-room Tudor Hotel and will rename the property Crowne Plaza Hotel at the United Nations. This acquisition marks the second Crowne Plaza Hotel in New York City and the sixth to open in the greater New York area. The 65-year-old hotel underwent a total renovation in 1993, creating the property's current blend of European style and first-rate amenities.

According to HVS the Crowne Plaza UN was sold by InterContinental Hotels Group in May 2005 to Highgate Holdings for $34,000,000 or $113,000 per room.

In 2007 Crain’s New York reported Highgate Holdings dropped the Crowne Plaza franchise for its 300-room hotel following a 10 year run and is reclaiming its original name – Tudor Hotel at the United Nations. The general manager, Bob Williamson, claims the hotel’s average room rate is running in the mid $200s and the savings on the franchise fees will be redirected to advertising its independent name and renovations.

HVS reported the now independently operated Tudor Hotel was sold in September 2007 by Highgate Holdings to the Procaccianti Group for $114,000,000 or $380,000 per room. At the same time Highgate also sold the 138-room Holiday Inn Soho to the Procaccianti Group for $130,000,000 or $573,000 per room. The Procaccianti Group (TPG) is a Cranston, Rhode Island-based real estate developer/hotelier.

Robert Leven, The Procaccianti Group’s Chief Investment Officer, said in a September 2007 press release that despite the significant price appreciation of the Tudor Hotel the Rhode Island real estate company believes in the long term the New York City market is the best in the world. Leven (the son of Microtel founder Mike Leven) said "The Tudor Hotel at the United Nations is a quality asset with an irreplaceable location.”

The Tudor Hotel at the United Nations is listed on the National Register of Historic Places and in close proximity to the United Nations, Grand Central Station, and is located directly across the street from the Pfizer World Headquarters and is nearby the world headquarters of Metropolitan Life Insurance and Colgate Palmolive. The Procaccianti Group plans to invest $8 - 10 million in the Tudor Hotel at the United Nations to upgrade the guest rooms and other public space.

In April 2010 Hilton Worldwide announced the branding and renaming of the former Tudor Hotel New York to Hilton Manhattan East. It is Hilton’s 4th branded hotel in Manhattan joining Hilton Times Square, Hilton New York and Millennium Hilton. TPG (The Procaccianti Group) completed a multi-million dollar renovation to its lobby and bar areas, which complement the guestroom transformation finished in 2009.

Louis Llach, the former Helmsley Hotels Operations Director, is TPG’s Area General Manager.

In September 2010 The Hilton Manhattan East rented about 90 rooms to Iranian President Mahmoud Ahmadinejad and his staff who were in NYC for the meeting of the United Nations General Assembly. Bulletproof glass was installed over some room windows.

Text and photos compiled by Dick Johnson
October 2011
richardlloydjohnson@hotmail.com












Hilton Manhattan East (the former Tudor Hotel)




Hilton Manhattan East (the former Tudor Hotel)





Hilton Manhattan East (the former Tudor Hotel)
304 East 42nd Street
New York, NY 10017

Completed in 1930 the Tudor City Apartment Hotel’s architect was the Fred F. French Company.

French was also a real estate developer who conceived Tudor City, a multi building residential enclave of neo-gothic towers. He is quoted as saying “"You can't overbuild in New York.” A 1920’s brochure for Tudor City described it as a "human residential enclave" with "tulip gardens, small golf courses, and private parks."

By 1932 the project was completed with 9 big apartment houses and a hotel. It is thought to be the first residential skyscraper complex in the world. It takes its name from England’s Tudor Dynasty.

From the Tudor City Historic District Designation Report – The Hotel Tudor is the only Tudor City building that was erected as a transient hotel and not for permanent residence. It is a 23-story building built with 600-rooms (singles, doubles and 2-room suites). On the upper floor some rooms had access to private roof terraces. The building extends through the street and faces onto East 41st street as well. The 42nd Street façade is three bays wide. Of interest about the façade are the texture and pattern of the brickwork – on the piers and within the spandrels – and the glazed tiles used on the recessed entrance.

Its crossword-style rooftop sign remains a familiar sight for those looking east from nearby Grand Central Terminal.

In a February 1997 press release Intercontinental Hotels announced it acquired the 300-room Tudor Hotel and will rename the property Crowne Plaza Hotel at the United Nations. This acquisition marks the second Crowne Plaza Hotel in New York City and the sixth to open in the greater New York area. The 65-year-old hotel underwent a total renovation in 1993, creating the property's current blend of European style and first-rate amenities.

According to HVS the Crowne Plaza UN was sold by InterContinental Hotels Group in May 2005 to Highgate Holdings for $34,000,000 or $113,000 per room.

In 2007 Crain’s New York reported Highgate Holdings dropped the Crowne Plaza franchise for its 300-room hotel following a 10 year run and is reclaiming its original name – Tudor Hotel at the United Nations. The general manager, Bob Williamson, claims the hotel’s average room rate is running in the mid $200s and the savings on the franchise fees will be redirected to advertising its independent name and renovations.

HVS reported the now independently operated Tudor Hotel was sold in September 2007 by Highgate Holdings to the Procaccianti Group for $114,000,000 or $380,000 per room. At the same time Highgate also sold the 138-room Holiday Inn Soho to the Procaccianti Group for $130,000,000 or $573,000 per room. The Procaccianti Group (TPG) is a Cranston, Rhode Island-based real estate developer/hotelier.

Robert Leven, The Procaccianti Group’s Chief Investment Officer, said in a September 2007 press release that despite the significant price appreciation of the Tudor Hotel the Rhode Island real estate company believes in the long term the New York City market is the best in the world. Leven (the son of Microtel founder Mike Leven) said "The Tudor Hotel at the United Nations is a quality asset with an irreplaceable location.”

The Tudor Hotel at the United Nations is listed on the National Register of Historic Places and in close proximity to the United Nations, Grand Central Station, and is located directly across the street from the Pfizer World Headquarters and is nearby the world headquarters of Metropolitan Life Insurance and Colgate Palmolive. The Procaccianti Group plans to invest $8 - 10 million in the Tudor Hotel at the United Nations to upgrade the guest rooms and other public space.

In April 2010 Hilton Worldwide announced the branding and renaming of the former Tudor Hotel New York to Hilton Manhattan East. It is Hilton’s 4th branded hotel in Manhattan joining Hilton Times Square, Hilton New York and Millennium Hilton. TPG (The Procaccianti Group) completed a multi-million dollar renovation to its lobby and bar areas, which complement the guestroom transformation finished in 2009.

Louis Llach, the former Helmsley Hotels Operations Director, is TPG’s Area General Manager.

In September 2010 The Hilton Manhattan East rented about 90 rooms to Iranian President Mahmoud Ahmadinejad and his staff who were in NYC for the meeting of the United Nations General Assembly. Bulletproof glass was installed over some room windows.










franchise advertising fees







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Post je objavljen 01.02.2012. u 00:03 sati.