Hilton Hotels & Resorts vs NYLO Hotels Franchise Comparison

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

Start-Up Costs and Fees

 
Hilton Hotels & Resorts Franchise
NYLO Hotels Franchise
Investment $30,581,105 - $128,987,095$10,880,000 - $14,800,000
Franchise Fee $75,000$60,000 - $69,600
Royalty Fee 5%5%
Advertising Fee 4%3.5%
Year Founded 1919-
Year Franchised 1965-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee Same as initial fee-


Business Experience Requirements

 
Hilton Hotels & Resorts Franchise
NYLO Hotels Franchise
Experience
  • Industry experience
  • General business experience
  • -

    Financing Options

     
    Hilton Hotels & Resorts Franchise
    NYLO Hotels Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support

     
    Hilton Hotels & Resorts Franchise
    NYLO Hotels Franchise
    Training On-The-Job Training Classroom Training-
    Support Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform-
    Marketing Ad Templates National Media SEO Loyalty program/app-
    Operations

    Number of employees needed to run franchised unit: 150

    Absentee ownership of franchise is allowed.

    -

    Expansion Plans

     
    Hilton Hotels & Resorts Franchise
    NYLO Hotels Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Hilton Hotels & Resorts

    Hilton is part of the portfolio of brands at Hilton Worldwide, which has hotels in more than 90 countries. Other Hilton Worldwide brands include Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hampton by Hilton, Hilton Garden Inn, Homewood Suites by Hilton, Home2 Suites by Hilton, Curio - A Collection by Hilton, Canopy by Hilton and Hilton Grand Vacations.

    Veteran Incentives  Varies
    ""   "Entrepreneur

    #101 in Franchise 500 for 2020.
    #132 in Franchise 500 for 2021.

    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.