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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.
Below is a quick comparison of NYLO Hotels against other Hotels/Motels/Inns franchises and business opportunities. For an in depth comparison of NYLO Hotels with another opportunity including start-up costs and fees, business experience requirements, training & support and financing options click on the name of the company to view the detailed comparison.
Franchise | Franchise Fee | Royalty | Advertising Fee | Development Costs |
AFM Hospitality Corporation | $35,000 | 3% | 4% | $2,000,000-$20,000,000 |
Aloft hotels | $185,050-$258,650 | 5.5% | $10,358,360-$26,620,860 | |
Aloha Hotels | N/A | $100,000 | ||
America's Best Inns & Suites | $15,000 | 17.50 -$22.50/room/mo. | $109,250-$5,836,500 | |
AmericInn | $39,500 | 5% | 3.25% | $221,286-$7,605,378 |
AmeriHost Franchise Systems | N/A | 4-5% | $3,700,000-$4,700,000 | |
Aston Hotels and Resorts | N/A | $250,000-$500,000 | ||
Atwell Suites | N/A | 5% | $8,820,308-$12,387,352 | |
Baymont by Wyndham | $26,000-$29,000 | 5% | 3.5% | $214,523-$7,155,641 |
Best Western | $45,000-$60,000 | $50,505-$24,773,188 | ||
Boarders Inn and Suites by Cobblestone Hotels | $20,000 | $2/room/day | .25/room/day | $46,649-$7,727,647 |
Budgetel Inns | N/A | $1,000,000 | ||
Cambria Suites | $60,000 | 5% | $12,576,100-$14,690,600 | |
Candlewood Suites | $50,000 | 5% | $7,807,040-$10,716,900 | |
Canopy | $75,000 | 5% | 4% | $44,872,050-$114,186,475 |
Centerstone | $17,000 | 2% | 2% | $47,149-$8,728,147 |
Choice Hotels | $10,000-$60,000 | Varies | Varies | $88,050-$13,166,100 |
Clarion | $40,000 | 4.25% | 3.25% | $519,750-$2,771,599 |
Clubhouse Inn | $30,000 | $30,000-$1,000,000 | ||
Cobblestone Inn and Suites | $35,000 | $3/room/day | .25/room/day | $64,799-$8,738,497 |
Comfort Inn | $50,000 | 5.65% | 3.85% | $307,125-$9,243,275 |
Comfort Suites | $50,000 | 5.65% | 3.85% | $307,125-$9,243,275 |
COMPASS by Margaritaville | N/A | $9,010,000-$31,395,000 | ||
Country Comfort | N/A | $2,000,000-$10,000,000 | ||
Country Hearth Inn | $40,000 | $1,000,000 | ||
Country Inns & Suites By Radisson | $50,000 | 5% | 2.5% | $1,916,178-$9,472,795 |
Courtyard By Marriott | $50,000-$90,000 | $11,131,210-$28,763,410 | ||
Crowne Plaza | $75,000 | 5% | $35,380,430-$70,256,900 | |
Curio Collection by Hilton | $75,000 | 5% | 4% | $3,592,500-$112,436,500 |
Days Inns Worldwide | $35,000-$38,000 | 5.5% | 3.8% | $231,156-$5,794,510 |
Dolce by Wyndham | $35,000-$50,000 | 5% | $743,675-$22,345,559 | |
Doubletree Hotels, Suites, Resorts, Clubs | $75,000 | 5% | 4% | $22,843,700-$79,169,000 |
Downtowner Inns | $6,000-$16,000 | 3% | 2.5% | $133,600-$2,602,000 |
Econo Lodge | $25,000 | 4.5% | 3.5% | $208,275-$938,645 |
Element Hotels | $60,000 | 5.5% | $10,972,610-$30,445,500 | |
Embassy Suites Hotels | $75,000 | 3.5% - 5.5% | 4% | $17,910,500-$85,492,500 |
EVEN Hotels | $75,000 | 5% | $16,697,959-$24,459,635 | |
Everhome Suites | N/A | $10,108,350-$12,101,869 | ||
Fairfield Inns | $50,000-$60,000 | 5.5% | $8,491,200-$22,730,300 | |
Four Points by Sheraton | $60,000 | $9,400,610-$25,923,410 | ||
GrandStay Residential Suites | $35,000 | 5% | 2% | $117,900-$10,090,200 |
GUESTHOUSE | $15,000 | 3%year1, 3.5%thereafter | 1.5% | $118,000-$1,918,500 |
Hampton Inn/Hampton Inn & Suites | $75,000 | 6% | 4% | $7,662,800-$20,306,500 |
Hard Rock Hotel | $50,000 | $118,010,666-$221,433,000 | ||
Hawthorn Suites | $40,000-$44,500 | 5.5% | 2.5% | $225,693-$12,785,326 |
Hilton Garden Inn | $75,000 | 5.5% | 4% | $13,045,500-$27,123,500 |
Hilton Hotels & Resorts | $75,000 | 5% | 4% | $30,581,105-$128,987,095 |
Holiday Inn | $50,000 | 5-6% | $8,993,365-$20,018,168 | |
Home2 Suites | $75,000 | 5% | 3.5% | $9,102,300-$17,456,500 |
HomeTowne Studios | $30,000 | 3% | $345,500-$1,238,500 | |
Homewood Suites by Hilton | $75,000 | 3.5% - 5.5% | 3.5% | $12,337,700-$25,972,000 |
Hospitality | $5,000-$15,000 | $35/rm/night | $133,600-$2,602,000 | |
Hotel Indigo | $75,000 | 5% | $18,314,275-$39,374,895 | |
Hotel RL | $40,000-$75,000 | 5% | 3.5% | $1,335,000-$36,191,500 |
Howard Johnson | $35,000-$38,000 | 4.5% | 4% | $336,552-$9,898,595 |
Hyatt | $60,000-$100,000 | $44,648,500-$1,541,430,000 | ||
Hyatt Centric | $100,000 | $29,373,500-$105,360,000 | ||
Hyatt House Hotels | $60,000-$100,000 | $15,269,000-$30,124,500 | ||
Hyatt Place Hotels | $60,000-$100,000 | $15,269,000-$30,124,500 | ||
InterContinental Hotels Group | $75,000 | 5% | $70,494,125-$103,087,610 | |
JW Marriott Hotels & Resorts | $50,000 | $5,000,000-$7,000,000 | ||
Key West Inns | $14,000 | 2% | 2% | $32,149-$8,713,147 |
Kimpton Hotels & Restaurants | $75,000 | 5% | $49,789,087-$70,127,050 | |
Knights Inn | $7,000 | $21/rm./mo. | $93,000-$6,277,500 | |
La Quinta | $55,000 | 4-4.5% | 4.5% | $3,822,657-$12,901,630 |
Le Meridien | N/A | $61,886,490-$96,761,490 | ||
Luxury Collection, The | N/A | $138,156,490-$214,086,490 | ||
Mainstay Suites | $30,000 | 5% | 2.5% | $290,825-$13,479,816 |
Margaritaville Hotels & Resorts | N/A | $10,175,000-$115,680,000 | ||
Marriott Conference Centers | $50,000 | $5,000,000-$7,000,000 | ||
Marriott Hotels & Resorts | $50,000 | $74,082,490-$176,017,490 | ||
Master Hosts Inns | $6,000-$16,000 | 3% | 2.5% | $133,600-$2,602,000 |
MGallery Hotel Collection | N/A | $50,412,500-$86,813,500 | ||
MHO Hotel | N/A | $59,400-$1,238,000 | ||
Microtel Inns & Suites | $43,000 | 6% | 2% | $5,709,119-$6,799,356 |
Motel 6 | $25,000-$35,000 | 5% | 3.5% | $206,850-$8,823,850 |
Motto by Hilton | $75,000 | 5% | 4% | $12,290,495-$67,951,775 |
Moxy Hotels | $75,000 | 5.5% | $10,309,910-$31,230,300 | |
My Place Hotels | $30,000 | $4,108,050-$5,709,950 | ||
Novotel | $50,000 | $1,000,000 | ||
Oasis Senior Advisors | $40,000-$70,000 | 10% | $59,290-$93,490 | |
Oyo Hotels | N/A | $97,700-$179,700 | ||
Park Inn by Radisson | $35,000 | 4.5% | 2% | $3,692,674-$20,934,027 |
Passport Inn | $6,000-$16,000 | 3% | 2.5% | $133,600-$2,602,000 |
Quality Inns | $25,000-$50,000 | 3.5%-5.25% | 1.25%-3.5% | $2,000,000-$10,000,000 |
Radisson | $75,000 | 5% | 2% | $13,942,060-$65,080,705 |
Radisson RED | $75,000 | $7,180,738-$33,494,350 | ||
Ramada Worldwide | $35,000 | 4.5% | 4% | $220,731-$9,291,313 |
Red Carpet Inn | $6,000-$16,000 | 3% | 2.5% | $133,600-$2,602,000 |
Red Collection, The | $30,000 | $787,000-$1,745,500 | ||
Red Lion Hotels and Inns | $40,000-$75,000 | 5% | 3.5% | $8,431,750-$36,598,000 |
Red Roof Inn | $30,000 | 4.5% | 4%(Marketing & Reservation Fee) | $203,500-$5,456,700 |
Regent International Hotels | N/A | $2,000,000 | ||
Registry Collection Hotels, The | N/A | $21,810,621-$35,601,522 | ||
Reverb hotel by Hard Rock | N/A | $15,445,000-$37,020,000 | ||
Rodeway Inns | $15,000 | 4.5% | 1.25%-3.5% | $118,825-$572,495 |
Scottish Inns | $6,000-$16,000 | 3% | 2.5% | $133,600-$2,602,000 |
Select Inn | N/A | $5,000,000 | ||
Settle Inn | $25,000 | 3%year 1, 3.5%thereafter | 2.25% | $2,763,290-$3,687,220 |
Signature Inn | $7,500 | $3,216,500-$6,275,000 | ||
SpringHill Suites | $60,000-$100,000 | $9,403,000-$26,051,800 | ||
Starwood Hotels & Resorts | N/A | $5,000,000 | ||
stayAPT Suites | N/A | $4,148,500-$7,616,000 | ||
Staybridge Suites | $55,000 | 5% | $15,352,595-$22,436,565 | |
Studio 6 | $20,000-$30,000 | 5% | 2% | $206,850-$9,621,350 |
Suburban | $30,000 | 4% | $149,175-$8,513,044 | |
Super 8 | $25,000-$28,000 | 5.5% | 3% | $233,200-$4,834,492 |
SureStay Hotel by Best Western | N/A | $186,225-$24,338,895 | ||
Tapestry Collection by Hilton | $75,000 | 5% | 4% | $3,005,105-$95,336,595 |
Tempo by Hilton | $75,000 | $16,056,445-$76,966,375 | ||
TownePlace Suites | $50,000-$100,000 | $9,180,100-$25,635,600 | ||
Trademark Collection Hotel | N/A | $198,558-$12,854,531 | ||
Travelodge Hotels | $35,000-$38,000 | 4.5% | 4% | $184,960-$8,424,593 |
Trend Hotels and Suites by My Place | N/A | up to 5% | $180,050-$2,848,700 | |
Tru by Hilton | $75,000 | 5% | 4% | $8,332,795-$13,542,175 |
TRYP by Wyndham | $39,500 | 5% | 4% | $15,120,019-$23,614,755 |
Unbound Collection by Hyatt, The | N/A | $27,357,500-$98,440,000 | ||
Vagabond Inns | $20,000 | 2.5% | $2,800,000-$5,800,000 | |
Value Place | $5,000 | 5% | $5,035,000-$7,031,000 | |
voco hotels | $75,000 | 0 | 0 | $15,963,880-$46,738,600 |
WaterWalk Hotels and Apartments | $50,000 | $19,960,000-$25,430,000 | ||
Wingate by Wyndham | $36,000-$40,500 | 4.5% | 4% | $375,465-$10,816,446 |
WoodSpring Suites | $50,000 | 5% | 2.5% | $5,035,000-$7,031,000 |
Wyndham Garden | $39,500 | 5% | 3% | $446,776-$14,378,293 |
Wyndham Grand | $39,500 | 5% | 3% | $446,776-$14,378,293 |
Wyndham Hotels & Resorts | $54,500 | 5% | 3% | $42,112,580-$69,188,897 |