Country Inns & Suites By Radisson vs NYLO Hotels Franchise Comparison

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

Start-Up Costs and Fees
 
Country Inns & Suites By Radisson Franchise
NYLO Hotels Franchise
Investment $1,916,178 - $9,472,795$10,880,000 - $14,800,000
Franchise Fee $50,000$60,000 - $69,600
Royalty Fee 5%5%
Advertising Fee 2.5%3.5%
Year Founded 1986-
Year Franchised 1987-
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee --


Business Experience Requirements
 
Country Inns & Suites By Radisson Franchise
NYLO Hotels Franchise
Experience --

Financing Options
 
Country Inns & Suites By Radisson 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
 
Country Inns & Suites By Radisson Franchise
NYLO Hotels Franchise
Training Additional training available-
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, Regional advertising-
Operations 50% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 25

Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators)

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Expansion Plans
 
Country Inns & Suites By Radisson Franchise
NYLO Hotels Franchise
US Expansion --
Canada Expansion Yes-
International Expansion Yes-

Company Overviews

About Country Inns & Suites By Radisson

Country Inns & Suites By Radisson is a leading mid-market brand known for providing a caring, consistent and comfortable hospitality experience, delivered with a touch of home. Country Inns & Suites By Radisson features traditional architecture and a transitional residential interior design with the brand's iconic plank lobby flooring and welcoming lobby with a fireplace. Each hotel offers free high-speed Internet*, a fitness center, a business center, and attractive comfortable furnishings that blend rich woods and natural earth tones. With more than 1,370 hotels in operation and under development in over 110 countries and territories worldwide, primarily in the U.S., Canada, India and Mexico, Country Inns & Suites is headquartered in Minneapolis, Minnesota, and is one of seven brands within the Carlson Rezidor Hotel Group portfolio.

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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.