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Below is an in-depth analysis and side-by-side comparison of Novotel including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $1,000,000 | |
Franchise Fee | $50,000 | |
Royalty Fee | - | |
Advertising Fee | - | |
Year Founded | - | |
Year Franchised | - | |
Term Of Agreement | - | |
Term Of Agreement | - | |
Renewal Fee | - | |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | ||
Franchise Fees | -/- | |
Start-up Costs | -/- | |
Equipment | -/- | |
Inventory | -/- | |
Receivables | -/- | |
Payroll | -/- | |
Training & Support |
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Training | - | |
Support | - | |
Marketing | - | |
Operations | - | |
Expansion Plans |
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US Expansion | - | |
Canada Expansion | No | |
International Expansion | No |
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.