NYLO Hotels vs MHO Hotel Franchise Comparison

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

Start-Up Costs and Fees
 
NYLO Hotels Franchise
MHO Hotel Franchise
Investment $10,880,000 - $14,800,000$59,400 - $1,238,000
Franchise Fee $60,000 - $69,600N/A
Royalty Fee 5%-
Advertising Fee 3.5%-
Year Founded -2020
Year Franchised -2020
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
NYLO Hotels Franchise
MHO Hotel Franchise
Experience --

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

Training & Support
 
NYLO Hotels Franchise
MHO Hotel Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
NYLO Hotels Franchise
MHO Hotel Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

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.

About MHO Hotel

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Trust MHO Hotels for brands and services that stand above others and resonate positively in consumers’ minds. Led by a team of experienced hotel owners and property developers who understand the hospitality business and have deep and wide connections within the industry to benefit their partners, clients and franchisees, MHO Hotels provides an excellent array of services to hotel owners. Independent-minded hotel owners who want to run their properties their way as well as developers who need a plan for excellence in the hospitality industry can rely on MHO Hotels. Today, this rapidly growing and evolving company is changing the face of the hotel/motel landscape with properties that bear the MHO Hotels, MHO Suites, MHO Inn & Suites and MHO Inn names. Property owners that want to maintain their distinctive identities can also benefit from being part of the Powered by MHO Hotels family without giving up a thing. If it’s time to increase occupancy and revenue as well as your average daily rate, it’s time to move forward with MHO Hotels. Partnering with our team is an excellent decision that will serve your interests well as you navigate the uncertain and ever-evolving world of hospitality.