| ||||
Updated RecentlyHawthorn Suites vs Novotel Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hawthorn Suites vs Novotel including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $225,693 - $12,785,326 | $1,000,000 |
| Franchise Fee | $40,000 - $44,500 | $50,000 |
| Royalty Fee | 5.5% | - |
| Advertising Fee | 2.5% | - |
| Year Founded | 1986 | - |
| Year Franchised | 1986 | - |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| Renewal Fee | 50% of current franchise fee | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | Available at headquarters, Available at franchisee's location, At regional location | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Co-op advertising, Ad slicks, National media | - |
| Operations |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 30
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
Company Overviews
About Hawthorn Suites
Hawthorn Suites was established by Hyatt Hotels in 1986. Since 1998, the establishment has been possessed by Wyndham Hotel Group. At each Hawthorn Suites, visitor administrations incorporate a complimentary smorgasbord breakfast and night social hour, practice offices, videocassette players, and on location clothing and valet benefit. Business administrations incorporate a larger than average work zone with two telephone lines and an information port, individual phone message and a complimentary day by day paper.
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
#365 in Franchise 500 for 2020.
About Novotel
Establishing franchised and corporate full-service hotels in all major cities across the country serving the top end of the mid-scale segment of the market. Providing franchisees with extensive and dedicated franchise services, national sales & marketing, training and purchasing power.