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Below is an in-depth analysis and side-by-side comparison of NYLO Hotels vs La Fleur Hotels including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $10,880,000 - $14,800,000 | N/A |
Franchise Fee | $60,000 - $69,600 | N/A |
Royalty Fee | 5% | - |
Advertising Fee | 3.5% | - |
Year Founded | - | - |
Year Franchised | - | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | �Hotels must identify and adhere to La Fleur minimum quality and service requirements �Minimum 4 star level �Financially stable |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | Yes |
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.
www.lafleur-hotels.com seems to be CLOSED Hospitality is a way of life! As an owner of one of our brands, you will enjoy a network of committed service and support designed to help you operate as effectively as possible. Join us today and share an exciting future with the quality brand La Fleur Hotels. The qualities of La Fleur Hotels and focus on first-class hospitality makes franchising with La Fleur Hotels a satisfying and rewarding experience. Management Services Offering comprehensive hotel management services, our full-service hospitality company provides you with world-class management as well as expertise in development, acquisition, consulting and sales for properties ranging in size from 40 rooms to 3,000 rooms. Just as La Fleur Hotels strives to be the first choice of hotel guests worldwide, La Fleur Management Services strives to be the first choice of hotel owners. Supplier Services The Supply Management division is a one-stop source, bringing together value-based, end-to-end supply management and project management services and solutions for hotels by linking them with the best suppliers of products and services that meet or exceed hotel brand standards and specifications. Our team of experienced professionals will help you find the right products to fit your hotel's specific needs. Partnership with DirectWithHotels.com for online Hotel Reservations at your hotel. La Fleur Hotels does not receive commission. Dedicated revenue managers by DirectWithHotels to support you to optimize your revenue. Online marketing of your La Fleur Hotels website by DirectWithHotels Corporate contracts with the worlds' largest tour operators Corporate contracts with worldwide multi nationals Worldwide sales agents operating performance based. La Fleur Hotels' Loyalty System "Fleur Rewards" to improve guest loyalty. Active social networking, managing your press releases. TOTAL INVESTMENT: Euro 15000 INITIAL FRANCHISE FEE: Euro 250 per room per year