Hawthorn Suites vs NYLO Hotels Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hawthorn Suites vs NYLO Hotels including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Hawthorn Suites Franchise
NYLO Hotels Franchise
Investment $225,693 - $12,785,326$10,880,000 - $14,800,000
Franchise Fee $40,000 - $44,500$60,000 - $69,600
Royalty Fee 5.5%5%
Advertising Fee 2.5%3.5%
Year Founded 1986-
Year Franchised 1986-
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee 50% of current franchise fee-


Business Experience Requirements
 
Hawthorn Suites Franchise
NYLO Hotels Franchise
Experience --

Financing Options
 
Hawthorn Suites Franchise
NYLO Hotels Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Hawthorn Suites Franchise
NYLO Hotels Franchise
Training Available at headquarters, Available at franchisee's location, At regional location-
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
Marketing Co-op advertising, Ad slicks, National media-
Operations 20% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 20 - 30

Absentee ownership of franchise is allowed.

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Expansion Plans
 
Hawthorn Suites Franchise
NYLO Hotels Franchise
US Expansion --
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Hawthorn Suites

Hawthorn Suites was established by Hyatt Hotels in 1986. Since 1998, the establishment has been possessed by Wyndham Hotel Group. At each Hawthorn Suites, visitor administrations incorporate a complimentary smorgasbord breakfast and night social hour, practice offices, videocassette players, and on location clothing and valet benefit. Business administrations incorporate a larger than average work zone with two telephone lines and an information port, individual phone message and a complimentary day by day paper.

"Entrepreneur
#365 in Franchise 500 for 2020.






About NYLO Hotels

NYLO has set the goal of having 50 hotels open or under construction by end of 2012. This includes both NYLO and XP by NYLO hotels. NYLO's growth plan will be accomplished by pursuing two avenues simultaneously: 1. Corporate owned, developed and operated hotels, and 2. Franchise agreements with third party owners, developers and operators. As a core part of its business plan, NYLO made the strategic decision not to launch the franchising until it had developed, constructed and operated at least a few corporately owned hotels in order to fully understand the product from a developer's perspective. NYLO will continue to corporately develop, own and operated additional hotels going forward; however, franchising will play an increasingly significant role in the brand's growth. NYLO first made the brands available for franchising in February 2008 and has filed a franchise disclosure document (FDD) in 47 states and is therefore licensed to sell franchises in 47 states. NYLO offers developers and franchisees an innovative concept that is efficient to construct and the personal support of its experienced senior management team.