NYLO Hotels vs Wyndham Garden Franchise Comparison

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

Start-Up Costs and Fees
 
NYLO Hotels Franchise
Wyndham Garden Franchise
Investment $10,880,000 - $14,800,000$446,776 - $14,378,293
Franchise Fee $60,000 - $69,600$39,500
Royalty Fee 5%5%
Advertising Fee 3.5%3%
Year Founded -1996
Year Franchised -1996
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
NYLO Hotels Franchise
Wyndham Garden Franchise
Experience --

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

Training & Support
 
NYLO Hotels Franchise
Wyndham Garden Franchise
Training - On-The-Job Training: Up to 30 hours Classroom Training: 38-70 hours
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 --

Expansion Plans
 
NYLO Hotels Franchise
Wyndham Garden Franchise
US Expansion --
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 Wyndham Garden

"Wyndham

Conveniently situated in key airport and suburban locations, Wyndham Garden offers thoughtful guest rooms, cozy lounges, and flexible meeting spaces to make your travels a bit easier.

The franchisee will use the Wyndham Garden® system to establish and operate an upscale select service Wyndham Garden guest lodging facility.

Strong partnership with our owners, along with one-on-one, personalized support,
is the backbone of our mutual success.