Hampton Inn/Hampton Inn & Suites vs NYLO Hotels Franchise Comparison

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

Start-Up Costs and Fees
 
Hampton Inn/Hampton Inn & Suites Franchise
NYLO Hotels Franchise
Investment $7,662,800 - $20,306,500$10,880,000 - $14,800,000
Franchise Fee $75,000$60,000 - $69,600
Royalty Fee 6%5%
Advertising Fee 4%3.5%
Year Founded 1983-
Year Franchised 1984-
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee Same as initial fee-


Business Experience Requirements
 
Hampton Inn/Hampton Inn & Suites Franchise
NYLO Hotels Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    Hampton Inn/Hampton Inn & Suites Franchise
    NYLO Hotels Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    Hampton Inn/Hampton Inn & Suites Franchise
    NYLO Hotels Franchise
    Training --
    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, Regional advertising-
    Operations

    Number of employees needed to run franchised unit: 25

    Absentee ownership of franchise is allowed.

    		-

    Expansion Plans
     
    Hampton Inn/Hampton Inn & Suites Franchise
    NYLO Hotels Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Hampton Inn/Hampton Inn & Suites

    The first Hampton Inn opened in Memphis, Tennessee in 1984. Hampton Inn was the first mid-price national hotel chain to begin offering a free continental breakfast and free local phone calls. In 1995, the Hampton brand introduced Hampton Inn & Suites, which consisted of two-room suite hotel rooms with living rooms and kitchen areas.     In 1999, Hampton Inn was acquired by Hilton Worldwide, which has hotels in more than 90 countries.
    Hampton hotels offer a 100% guarantee. If guests are not completely happy with the clean rooms and friendly service, Hampton Hotels vows to refund the cost of the stay. Franchisees of Hampton Hotels will not only be aligning with a leading, emerging brand in the hotel industry, but also the parent company of Hilton Worldwide, which has a proven, dominant track record in the hotel industry. Franchisees have the peace of mind that many successful people will be behind them to support their business endeavors.

    "franchiserankingscom"    "Entrepreneur
    #19 on Franchise Rankings.com
    #30 in Franchise 500 for 2020.
    #24 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.