Baymont by Wyndham vs NYLO Hotels Franchise Comparison

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

Start-Up Costs and Fees
 
Baymont by Wyndham Franchise
NYLO Hotels Franchise
Investment $214,523 - $7,155,641$10,880,000 - $14,800,000
Franchise Fee $26,000 - $29,000$60,000 - $69,600
Royalty Fee 5%5%
Advertising Fee 3.5%3.5%
Year Founded 1973-
Year Franchised 1986-
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements
 
Baymont by Wyndham Franchise
NYLO Hotels Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Baymont by Wyndham Franchise
    NYLO Hotels Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/No-/-
    Start-up Costs Yes/Yes-/-
    Equipment No/Yes-/-
    Inventory Yes/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Baymont by Wyndham Franchise
    NYLO Hotels Franchise
    Training On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops, 1-3 days; customized property training, varies with fees -
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform-
    Marketing Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
    Operations 30% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 20 - 25

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Baymont by Wyndham Franchise
    NYLO Hotels Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Baymont by Wyndham

    Some portion of Wyndham Hotel Group, the Baymont Inn and Suites® Inn brand is a chain of 350 midscale inns situated all through the United States offering a variety of complimentary civilities including free Wi-Fi and mainland breakfast at the Baymont Breakfast Corner℠. Numerous areas include swimming pools, wellness focuses, airplane terminal transport benefit and the chance to gain and recover focuses through Wyndham Rewards®, the brand's visitor steadfastness program. Voyagers can join the free program at www.wyndhamrewards.com.

    Each Baymont Inn and Suites inn is freely claimed and worked under establishment concurrences with Baymont Franchise Systems, Inc., a backup of Wyndham Hotel Group and parent organization Wyndham Worldwide Corporation (NYSE: WYN). Reservations and data are accessible by going by www.baymontinns.com.

    Starting at 2014, Wyndham Hotel Group is the world's biggest and most differing lodging organization, including roughly 7,540 inns and 650,200 rooms in 71 nations

    Established in 1973, Baymont Inns and Suites gives hotel to business and relaxation voyagers over the United States. Every area highlights in-room work areas, pay-per-see motion pictures and computer games, free breakfast, and nonsmoking and disabled open rooms. Baymont Inns and Suites additionally offer gathering rooms, fax administration and PC information ports.

    "Entrepreneur

    #104 in Franchise 500 for 2020.
    #220 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.