Delta Hotels by Marriott logo

Delta Hotels by Marriott Franchise

Audited Financials
HospitalityEst. 2012Bethesda, MD
www.marriott.com
Financing Available

Risk Score

Pending analysis

Investment Range

$72,379,630 - $118,648,030

Franchise Fee

$120,000

Total US Locations

54

Business Summary

Delta Hotels by Marriott operates full-service hotels that offer high-quality accommodations and related services to business and leisure travelers. These hotels frequently involve converting existing properties and feature a variety of guestroom counts, meeting spaces, food and beverage options (including restaurants, bars, and grab-and-go concepts), room service, catering, and banquet services. Delta Hotels by Marriott also provides business centers, dedicated premium fitness centers, express check-in/check-out, and guestrooms with specialized work and convenience amenities.

Corporate History

MIF, L.L.C. was formed in Delaware in 2012 as a subsidiary of Marriott International, Inc. In April 2015, MIF, L.L.C. acquired the Delta Hotels and Resorts brand, management, and franchise business from Delta Hotels Limited Partnership, subsequently rebranding it as "Delta Hotels by Marriott." The company began offering franchises for Delta Hotels in 2015. As of December 31, 2024, MIF and its affiliates operated 25 Delta Hotels in the United States and Canada. Its parent company, Marriott International, Inc., has a much longer history, having operated Marriott Hotels since 1957 and franchised them since 1968, and has since expanded to include numerous other hotel brands and lodging businesses.

Financial Overview

Investment Range

$72,379,630 - $118,648,030

Franchise Fee (Low)

$120,000

Franchise Fee (High)

$150,000

Royalty %

5%

Marketing %

1.5%

Equipment Costs (Low)

$7,350,000

Equipment Costs (High)

$10,110,000

Working Capital

$1,725,000

Audited Financials

Yes

Offers Financing

Yes

Audit Opinion

Unqualified opinion

Financial Health Notes

The financial statements for MIF, L.L.C. indicate that it is a subsidiary of Marriott International, Inc. and does not hold its own cash balance, with most transactions handled through related party accounts. The company has demonstrated consistent financial performance, reporting net incomes of $63.8 million in 2024, $64.1 million in 2023, and $53.5 million in 2022. Total assets increased to $477 million in 2024, with a substantial portion ($443.5 million in 2024) represented by amounts due from related parties. The allowance for credit losses on receivables also saw an increase in 2024. The independent auditors issued an unqualified opinion on the financial statements and noted no concerns regarding the company's ability to continue as a going concern.

Financing Details

Delta Hotels by Marriott generally does not offer direct or indirect financing for its franchised hotels or guarantee franchisee loans. However, in very limited circumstances and at its sole discretion, the franchisor may provide credit support in the form of a contingent guaranty for a portion of a third-party lender's loan or may offer a mezzanine loan. Decisions to offer such support are based on factors like market opportunities, hotel size and location, economic conditions, conversion costs, potential aid to successful development, franchisee commitment to system growth, and meeting the franchisor's criteria. The specific terms of any such loan guarantees or mezzanine loans would vary significantly. The franchisor does offer a new development incentive program that reduces the franchise fees to 4% for the term of the agreement if specific conditions are met (new-to-system hotel, application approved after March 31, 2025, franchise agreement signed by March 30, 2026, and timely construction and opening).

Performance Metrics

Total US Locations

54

Franchised Units

54

Corporate Units

0

Avg Square Footage

171,500

Franchising Since

2015

Agreement Terms

Initial Term

20 years

Renewal Conditions

The Delta Hotels by Marriott franchise agreement is not renewable, and franchisees should not expect to be granted any rights to operate the hotel under the brand after the initial term expires.

Training & Support Program

Franchisor Assistance

Delta Hotels by Marriott provides extensive assistance to its franchisees. Pre-opening support includes making design and construction criteria available, reviewing plans for compliance with brand standards, assessing compliance during construction, and offering input for procuring furniture, fixtures, equipment, and supplies. The franchisor conducts final site visits to ensure readiness for opening and provides initial training for the general manager and hotel management team. Operational manuals and procedures are also made available. For any residential or condominium components, the franchisor reviews declaration documents and marketing materials. Post-opening, Delta Hotels by Marriott offers design and operation consultations through its representatives. Franchisees are required to use mandated electronic systems for reservations, property management, sales, and guest experience, all of which receive franchisor maintenance and support. The franchisor manages a Marketing Fund, funded by franchisee contributions, for advertising, sales, and promotional activities. Ongoing mandatory training, covering various operational, ethical, and technical aspects, is provided and supported by a "learning and development bundle" fee. This includes web-based training, regional general manager conferences, and programs like Executive Orientation for new executives. The franchisor also offers support for managing key customer accounts and optional sales teams.

Initial Training Hours

112

Training Location

On-site at the hotel, web-based, or at a franchisor-designated location for executive orientation and specialized programs.

Ongoing Support

After opening, Delta Hotels by Marriott provides ongoing consultation for hotel design and operation through its representatives. Franchisees utilize mandated electronic systems for reservations, property management, sales, and guest experience, benefiting from franchisor maintenance and support. The franchisor manages a Marketing Fund, to which franchisees contribute, for comprehensive advertising, sales, and promotional programs. Ongoing mandatory training is facilitated by a "learning and development bundle" fee, ensuring continuous education for staff and managers on brand standards, ethics, operational functions, electronic systems, leadership, and loyalty programs. Regional General Managers Conferences are mandatory, and various optional advanced training programs are available. The franchisor also offers support for managing accounts with key customers and provides optional sales teams.

Franchise Requirements

Ideal Candidate Profile

Delta Hotels by Marriott seeks individuals or entities with the managerial and operational experience, skills, capacity, capabilities, and philosophy necessary to operate a full-service hotel according to Marriott's standards. Franchisees are required to either operate the hotel themselves or retain an approved management company. The general manager and other managers must dedicate their full time to the hotel's management and operation. Additionally, ideal candidates are expected to demonstrate strong financial capability, including sufficient net worth and liquidity, to support the hotel's development and ongoing operations. A commitment to actively contributing to the growth of the Delta Hotels by Marriott system is also a valued characteristic.

Industry Experience Required

Yes

Management Experience Required

Yes

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

commercial

Owner Participation

absentee-allowed

Territory Type

non-exclusive

Territory Size Requirements

Delta Hotels by Marriott franchisees typically do not receive an exclusive territory. While a non-exclusive territory may be granted in some instances, its specific size, geographic area, and duration are not uniformly defined and will vary depending on the market where the hotel is located. Such a territory, if granted, would apply only to other Delta Hotels and would not extend to other Company Brand Hotels or residential products developed by Marriott or its affiliates. The territory may be defined as a radius around the hotel or delineated by specific geographical boundaries like streets or highways. However, the FDD does not provide a standard or minimum measurable territory size applicable to all franchisees; it indicates that such terms are determined on a case-by-case basis depending on market conditions.

Staffing Notes

Delta Hotels by Marriott requires hotels to be managed by personnel who have successfully completed all mandatory training. The general manager and other managers must dedicate their full time to the hotel's management and operation. All employment decisions for the hotel are made solely by the franchisee or their approved management company. The franchisor communicates directly with hotel managers regarding daily operations but does not control employment policies. Additionally, the franchisor mandates that the hotel's security policy include associate alert devices with geolocation capabilities for staff members who regularly interact with guests in enclosed areas.