Key Metrics
Min Investment
$5,851,165
Total Units
3
Total Operators
3
Royalty Fee
5% GRR
Founded
2014
Financial Requirements
Liquid Capital Required
$1,755,350
Net Worth Required
$5,851,165
Franchise Fee
$49,000
Total Investment
$5,851,165 - $30,842,295
Recent News
"The Vīb brand, initially launched in 2014, underwent a significant relaunch with a new prototype in 2022 to accelerate growth and better appeal to modern, connected travelers. Recent development has focused on new-build locations in urban areas like Denver (RiNo) and Tempe, Arizona, indicating a slow but steady expansion of the updated concept. The brand is positioned as a modern, upscale boutique offering within the larger BWH Hotels portfolio."
Operations & Support
Training Provided
- Initial Training: 2 weeks
- On-site Training Available
- Ongoing Support
Terms & Agreement
- Term Length: 10 Years (Renewable)
- Territory Protection: Available
- Absentee Ownership: Not Allowed
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Quick Facts
Headquarters6201 N 24th Pkwy, Phoenix, AZ 85016, United States
Operating RegionsGlobal (Units primarily in US and Asia)
Social Profiles
Franchising Since2014
FinancingThird-party
Veteran DiscountNo