Holiday Inn vs NYLO Hotels Franchise Comparison

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

Start-Up Costs and Fees
 
Holiday Inn Franchise
NYLO Hotels Franchise
Investment $8,993,365 - $20,018,168$10,880,000 - $14,800,000
Franchise Fee $50,000$60,000 - $69,600
Royalty Fee 5-6%5%
Advertising Fee -3.5%
Year Founded 1990-
Year Franchised 1990-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Holiday Inn Franchise
NYLO Hotels Franchise
Experience --

Financing Options
 
Holiday Inn Franchise
NYLO Hotels Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/Yes-/-
Payroll -/--/-

Training & Support
 
Holiday Inn 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 --
Operations --

Expansion Plans
 
Holiday Inn Franchise
NYLO Hotels Franchise
US Expansion Yes-
Canada Expansion --
International Expansion Yes-

Company Overviews

About Holiday Inn

Holiday Inn Express continues to Stay Smart by offering travelers competitive rates and convenient locations around the globe. The Holiday Inn Express prototype design allows for lower costs, lower overhead, and a more efficiently-staffed operation. Holiday Inn Express continues to set the pace in the mid-scale without food and beverage hotel category as the fastest-growing brand, opening on average two new hotels every week. Now, that is smart!

"Top    "Entrepreneur
#53 in Canada's Top franchises.
#36 in Franchise 500 for 2020.
#57 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.