Novotel vs Wyndham Hotels & Resorts Franchise Comparison

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

Start-Up Costs and Fees
 
Novotel Franchise
Wyndham Hotels & Resorts Franchise
Investment $1,000,000$42,112,580 - $69,188,897
Franchise Fee $50,000$54,500
Royalty Fee -5%
Advertising Fee -3%
Year Founded -1981
Year Franchised -1996
Term Of Agreement -15-20 YEARS
Term Of Agreement -15-20 YEARS
Renewal Fee -Negotiable, renewable


Business Experience Requirements
 
Novotel Franchise
Wyndham Hotels & Resorts Franchise
Experience --

Financing Options
 
Novotel Franchise
Wyndham Hotels & Resorts 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
 
Novotel Franchise
Wyndham Hotels & Resorts Franchise
Training - On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops
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 - Absentee Ownership Allowed Number of Employees Required to Run: 10 - 15

Expansion Plans
 
Novotel Franchise
Wyndham Hotels & Resorts Franchise
US Expansion --
Canada Expansion NoNo
International Expansion NoNo

Company Overviews

About Novotel

Establishing franchised and corporate full-service hotels in all major cities across the country serving the top end of the mid-scale segment of the market. Providing franchisees with extensive and dedicated franchise services, national sales & marketing, training and purchasing power.

About Wyndham Hotels & Resorts

Wyndham Hotels and Resorts is an upscale full-benefit inn network with areas in business and get-away goals around the world. Inn pleasantries incorporate meeting spaces, eateries, business and wellness focuses. Resort areas offer golf, tennis, shorelines and spas. Wyndham Hotels and Resorts is a piece of Wyndham Worldwide, which spun off from Cendant Corporation in 2006.

As one of the world's biggest friendliness organizations, Wyndham Worldwide offers explorers around the world, and in addition inn financial specialists, engineers, and administrators, a wide suite of cordiality items and administrations crosswise over different settlement options and value ranges. We have manufactured a critical nearness in real friendliness showcases in the United States and all through the world.

We establishment inns in the upper upscale through economy sections of the cabin business and give property administration administrations to upscale properties through Wyndham Hotel Management.

The total investment necessary to begin operation of a 301 room hotel typically ranges from $42,112,580 to $69,188,897 for a new construction project and from $1,439,745 to $29,392,990 for a conversion hotel. Land acquisition costs are not included in these ranges. The above amounts include a range of $180,085 to $189,035 that must be paid to the franchisor or an affiliate.

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