Tribute Portfolio
Hospitality · Hotels & Extended Stay
- Active units
- 87
- Royalty
- 5.0%
Franchised, year-end 2024
of weekly Net Sales
About Tribute Portfolio
**Tribute Portfolio** is a unique collection of indie-inspired boutique hotels distinguished by striking designs, exceptional service, and thriving social atmospheres. Each hotel offers a blend of individuality and character, inviting guests to experience memorable stays in vibrant locations. From the eclectic charm of The Vagabond Club in Singapore to the artistic allure of Apollo Hotel in Amsterdam, Tribute Portfolio hotels are designed to captivate with bold colors, original artworks, and local craftsmanship.
Guests can enjoy thoughtfully curated spaces and dynamic social scenes that foster connections with the local community. Notable offerings include The Alida in Savannah, which reflects the spirit of its neighborhood through custom designs and innovative Southern hospitality. The portfolio also emphasizes personalized service, providing guests with amenities like 24/7 pantries and local artisan shops in hotel lobbies.
With a commitment to creating unforgettable experiences, Tribute Portfolio invites travelers to explore distinctive destinations where every stay is filled with creativity and warmth.
Key terms
- Brand fund
1.5% of Net Sales
- Footprint
115,000 – 147,000 sq ft
- Veteran discount
Not offered
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2025 filing); filings on file: 2024, 2025.
Growth
- Total locations87
Franchised units open at year-end
- New openings21
Gross new units opened during the calendar year
- 1-year unit growth rate31.8%
Net unit growth versus prior year
- 3-year unit CAGR30.6%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio21.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$77.5M
Midpoint of estimated initial investment range
↓ Lower is better - Time to open21 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate5.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Location footprint
Showing 74 of 80 mapped locations
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.