NYLO Hotels vs Wyndham Grand Franchise Comparison

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

Start-Up Costs and Fees
 
NYLO Hotels Franchise
Wyndham Grand 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 -2017
Year Franchised -2017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


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

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

Training & Support
 
NYLO Hotels Franchise
Wyndham Grand Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
NYLO Hotels Franchise
Wyndham Grand 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 Grand

"Wyndham

The franchisee will use the Wyndham Grand® system to establish and operate an upscale full-service
Wyndham Grand or Wyndham Grand Resort guest lodging facility.

Featuring premium amenities, sophisticated designs, and an attentive staff, Wyndham Grand is your gateway to distinctive stays in some of the world’s most beautiful destinations. We deliver little luxuries - from handcrafted cocktails made with local ingredients to family experiences that encourage togetherness - to make every stay a series of unforgettable moments.