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Updated RecentlyAmeriHost Franchise Systems vs NYLO Hotels Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of AmeriHost Franchise Systems vs NYLO Hotels including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $3,700,000 - $4,700,000 | $10,880,000 - $14,800,000 |
| Franchise Fee | N/A | $60,000 - $69,600 |
| Royalty Fee | 4-5% | 5% |
| Advertising Fee | - | 3.5% |
| Year Founded | 1989 | - |
| Year Franchised | 1998 | - |
| Term Of Agreement | 15-20 years | - |
| Term Of Agreement | 15-20 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | Yes/No | -/- |
| Equipment | Yes/No | -/- |
| Inventory | Yes/No | -/- |
| Receivables | Yes/No | -/- |
| Payroll | Yes/No | -/- |
Training & Support |
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| Training | Regional workshops | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | - |
| Marketing | Co-op advertising, Regional advertising | - |
| Operations |
International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 10 - 15
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About AmeriHost Franchise Systems
No longer franchising; AmeriHost units are being converted to Baymont Inn & Suites.
Each AmeriHost Inn(R) lodging offers a luxury bundle not regularly found in other mid-estimated inns, for example, an indoor pool range with a whirlpool and yard; inside hall visitor room access for included security and accommodation; individual select whirlpool suites; meeting rooms; practice rooms; electronic entryway locks; complimentary extended mainland breakfast each morning; and a complimentary USA TODAY daily paper.
Amerihost Properties, Inc. at present claims or potentially oversees, in entire or partially, every AmeriHost Inn(R) inn open or under development today. "We know and comprehend the operations of the AmeriHost Inn(R) inns from a possession perspective. Truth be told, we comprehend the operations of our lodgings so well that we have made an establishment promoting effort in light of the motto 'Experience the distinction encounter makes!'"
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.