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Curio Collection by Hilton franchise

2023 filing · March 30, 2023Growing

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Curio Collection by Hilton at a glance

A Hilton collection of independent upscale hotels that keep their own names and character. At the end of 2022 there were 67 Curio Collection by Hilton locations in the US, all franchised.

The business

Industry
Hotel
Franchisor
Hilton Franchise Holding LLC
The company that sells the franchises
Parent company
Hilton
Owns 15 brands here
Who runs it
Manager
A trained manager can run it day to day
Franchisor based in
McLean, Virginia

What you pay

Cost to open
$3.98M–$140.5M
Typical 250-room hotel, excluding land
Franchise fee
$85,000
For a new or converted hotel, plus $400 for each room above 250.
Royalty
5%
5% of gross rooms revenue, paid monthly
Brand fund
Yes
4% of gross rooms revenue as a monthly program fee covering marketing, reservations and other system services
SBA Franchise Directory
Listed
SBA-backed loans are possible

Where it is

US locations, 2022
67
Franchised and company-owned
Franchised
67
Company-owned
0
Change in 2 years
+21
Franchised locations, 2020–2022
States
31
Most in Florida, California and Texas

Support and records

Shares sales figures
No
Ask current owners what a location makes
SBA loans approved
1
2018
Lawsuits disclosed
Yes
Bankruptcy disclosed
None
Franchisor revenue, 2022
$1.23B
The company, not one location
Franchisor net income
$1.23B
Latest filing
Mar 30, 2023
2023 filing

From Hilton Franchise Holding LLC’s 2023 filing; revenue and net income from its audited financial statements, page 105; SBA status from the SBA Franchise Directory, October 28, 2026.

Franchisor revenue is the company that sells the franchises (royalties, fees and anything else it earns), not what a location makes.

Where it ranks

Curio Collection by Hilton among all franchises with the same figure.

FigureCurio Collection by HiltonAmong all franchises
Cost to open, midpointHalfway between the low and high estimate$72,254,532Costs more than 100% of franchises
Franchise feePaid once, when you sign$85,000Higher than 97% of franchises
RoyaltyShare of sales paid to the franchisor5%Lower than 69% of brands with a set rate
US locationsFranchised and company-owned67More than 69% of franchises

How much a Curio Collection by Hilton franchise costs

Opening typical 250-room hotel, excluding land costs an estimated $3,977,625 to $140,531,439. That covers the franchise fee and everything else needed to open, through the first months of working capital.

The biggest costs are construction and leasehold improvements ($0 to $95,500,000) and furniture, fixtures & equipment ($0 to $17,000,000). Here is every line of the estimate as filed:

What it pays forRangeLowHigh
TO BE MADE Franchise Application Fee$85,000
Property Improvement Plan$0$10,000
Construction and Leasehold Improvements$0$95,500,000
Designer & Engineering Fees$0$4,000,000
Furniture, Fixtures & Equipment$0$17,000,000
Inventory & Operating Equipment$1,650,000$3,500,000
Signage$1,000$15,000
Computer Hardware & Software$144,995$332,655
Guest Internet Access Program$116,000$186,000
Delphi Sales and Events System$990$41,000
Required Pre-Opening Training$5,000$15,000
ADA Consultant Fee$6,000$15,000
Construction/Renovation Extension Fee$0$10,000
Organizational Expense$75,000$268,724
TO BE MADE Permits and Licenses$0$1,400,000
Miscellaneous Pre-Opening & Project Management Expenses$570,000$1,800,000
Contingencies$0$9,550,000
Additional Funds$1,300,000$1,800,000
Eforea Spa Initial Fee$0$25,000
Additional Funds for Eforea Spa Implementation$0$4,950,000
Other Required Pre-opening Services Fees$23,640$28,060
Total$3,977,625$140,531,439

Source: Hilton Franchise Holding LLC, 2023 filing, page 40

Curio Collection by Hilton franchise fee

The franchise fee is $85,000, For a new or converted hotel, plus $400 for each room above 250.. You pay it when you sign the franchise agreement.

Source: Hilton Franchise Holding LLC, 2023 filing, page 23

Royalty and ongoing fees

Royalty5% of gross rooms revenue, paid monthly.
Brand or marketing fund4% of gross rooms revenue as a monthly program fee covering marketing, reservations and other system services.
Permitted Transfers Processing FeeCurrently, $5,500.

The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.

Source: Hilton Franchise Holding LLC, 2023 filing, page 28

Other fees as filed, from page 33. The filing lists every fee, including late fees and audit costs.

Sales and earnings

No figures Curio Collection by Hilton does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.

Source: Hilton Franchise Holding LLC, 2023 filing, page 84

SBA loans to Curio Collection by Hilton franchisees

Lenders approved one SBA 504 loan for a Curio Collection by Hilton franchisee in 2018, for $1.57M. It hasn’t been paid off or charged off yet.

A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.

Source: SBA 7(a) and 504 loan data, as of September 30, 2026

How Curio Collection by Hilton compares

Of the 116 hotel franchises on this site, Curio Collection by Hilton is the 43rd cheapest to open and the 51st largest by number of locations.

FigureCurio Collection by HiltonTypical hotel brandTypical franchise
Cost to open, low end$3.98M$9.44M$222K
Cost to open, high end$140.5M$21.3M$477K
Franchise fee$85K$54K$40K
Royalty5%5%6%
US locations673721
Closed or left per year3.2%3.7%–
Change in franchised locations, 2 yrs+45.7%+9.2%–
Shares earnings figuresNo71 of 1162,147 of 3,352

Typical is the median across the 116 brands in hotel franchises; typical franchise, across every brand here.

Locations opened and closed

19 opened
3 closed or left
Franchised locations, last 2 years
2020
4 opened2 closed or left
48 (+2)
2021
15 opened1 closed or left
62 (+14)
2022
67 (+5)
YearFranchisedCompany-ownedOpenedClosed
202048 (+2)0+4−2
202162 (+14)0+15−1
202267 (+5)0––

Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.

See which brands grew most in the fastest-growing franchises rankings.

More in the guides: hotel franchise costs and franchise failure rates.

Source: Hilton Franchise Holding LLC, 2023 filing, page 85

Source filing (2023, PDF)

Where Curio Collection by Hilton locations are

At the end of 2022, Curio Collection by Hilton had franchised locations in 32 states and territories. The most are in Florida, California and Texas.

  • Florida8
  • California6
  • Texas6
  • Georgia4
  • Tennessee4
  • Alabama3
All 32 states
Oklahoma2
Oregon2
Pennsylvania2
Utah2
Virginia2
Washington2
Colorado1
Connecticut1
District of Columbia1
Iowa1
Kentucky1
Louisiana1
Maryland1
Michigan1
Minnesota1
Nebraska1
Nevada1
New Mexico1
North Carolina1
Ohio1
South Carolina1
South Dakota1

Source: Hilton Franchise Holding LLC, 2023 filing, page 86

Who owns Curio Collection by Hilton?

Curio Collection by Hilton franchises are sold by Hilton Franchise Holding LLC. It is a subsidiary of Hilton Domestic Operating Company.

Curio Collection by Hilton is one of the 15 Hilton brands here. Hilton Worldwide Holdings is a public company based in McLean, Virginia. Its shares trade on the New York Stock Exchange as HLT.

From Hilton Franchise Holding LLC’s 2023 filing, page 9; SEC.

Curio Collection by Hilton filings

The figures on this page come from Hilton Franchise Holding LLC’s 2023 filing, issued March 30, 2023, on record with the NASAA Electronic Filing Depository.

Curio Collection by Hilton filings, newest first
FilingIssuedRegistryOn this page
2023 filingMarch 30, 2023NASAA depositoryCosts, fees and locations, 2020–2022

Each link opens the filing as a PDF. See the newest filings across all brands.

Other hotel franchises

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Other brands from Hilton: Canopy by Hilton, DoubleTree by Hilton, Embassy Suites by Hilton, Hampton Inn, Hilton Garden Inn, Hilton Hotels & Resorts, Home2 Suites by Hilton, Homewood Suites by Hilton and 6 more. See all 15 in the finder

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