Doubletree Hotels, Suites, Resorts, Clubs vs NYLO Hotels Franchise Comparison

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

Start-Up Costs and Fees
 
Doubletree Hotels, Suites, Resorts, Clubs Franchise
NYLO Hotels Franchise
Investment $22,843,700 - $79,169,000$10,880,000 - $14,800,000
Franchise Fee $75,000$60,000 - $69,600
Royalty Fee 5%5%
Advertising Fee 4%3.5%
Year Founded 1969-
Year Franchised 1989-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee Same as initial fee-


Business Experience Requirements
 
Doubletree Hotels, Suites, Resorts, Clubs Franchise
NYLO Hotels Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    Doubletree Hotels, Suites, Resorts, Clubs Franchise
    NYLO Hotels Franchise
      In-House/3rd PartyIn-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
     
    Doubletree Hotels, Suites, Resorts, Clubs Franchise
    NYLO Hotels Franchise
    Training General manager training prior to certification for opening On-The-Job Training Classroom Training -
    Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform-
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app-
    Operations

    Number of employees needed to run franchised unit: 100

    Absentee ownership of franchise is allowed.

    		-

    Expansion Plans
     
    Doubletree Hotels, Suites, Resorts, Clubs Franchise
    NYLO Hotels Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Doubletree Hotels, Suites, Resorts, Clubs

    The first Doubletree hotel opened in 1969 in Scottsdale, Arizona. Franchising began in 1989, and ten years later the company was acquired by Hilton Hotels Worldwide

    With a quickly developing accumulation of contemporary, upscale facilities in more than 150 passage urban areas, metropolitan zones and excursion goals through the U.S., Canada and Latin America, Doubletree is a particularly composed arrangement of properties that gives genuine solace to today's business and relaxation explorers.

    From a large number of pleased inn visitors who are invited with the brand's amazing, warm chocolate chip treats at registration to the benefits of the honor winning Hilton HHonors visitor compensate program, Doubletree conveys a fantastic ordeal to its visitors wherever their ventures may take them.

    "Entrepreneur

    #103 in Franchise 500 for 2020.
    #73 in Franchise 500 for 2021.



    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.