Novotel vs Oyo Hotels Franchise Comparison

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

Start-Up Costs and Fees
 
Novotel Franchise
Oyo Hotels Franchise
Investment $1,000,000$97,700 - $179,700
Franchise Fee $50,000N/A
Royalty Fee --
Advertising Fee --
Year Founded -2019
Year Franchised -2019
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Novotel Franchise
Oyo Hotels Franchise
Experience --

Financing Options
 
Novotel Franchise
Oyo Hotels Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Novotel Franchise
Oyo Hotels Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Novotel Franchise
Oyo Hotels Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion NoYes

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 Oyo Hotels

"Oyo

Opening its doors in 2013, OYO Hotels & Homes, a young hotel startup, today is the world’s leading chain of hotels, homes, and spaces. The portfolio combines fully operated real estate comprising more than 44,000 hotels with over 1.2 million rooms. Through its vacation homes business, the company offers travelers and city dwellers access to over 125,000 homes around the world under OYO Home, Belvilla, Danland, Dancenter and Germany-based Traum-Ferienwohnungen brands.
OYO today operates in over 800 cities in 80 countries, including the U.S., Europe, U.K., India, Middle East, Southeast Asia, and Japan.