Novotel vs Settle Inn Franchise Comparison

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

Start-Up Costs and Fees

 
Novotel Franchise
Settle Inn Franchise
Investment $1,000,000$2,763,290 - $3,687,220
Franchise Fee $50,000$25,000
Royalty Fee -3%year 1, 3.5%thereafter
Advertising Fee -2.25%
Year Founded -1992
Year Franchised -1992
Term Of Agreement -10 years, 5 years thereafter
Term Of Agreement -10 years, 5 years thereafter
Renewal Fee --


Business Experience Requirements

 
Novotel Franchise
Settle Inn Franchise
Experience --

Financing Options

 
Novotel Franchise
Settle Inn Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Novotel Franchise
Settle Inn Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Novotel Franchise
Settle Inn Franchise
US Expansion --
Canada Expansion NoNo
International Expansion NoNo

Company Overviews

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.

About Settle Inn

Since,1992, Settle Inn management has worked to establish a consistent and effective lodging system and grown to become a successful regional brand. Working with the AAFD in 2005, Settle Inn, LLC developed a franchise agreement that has been awarded the most franchise friendly contract in the lodging industry. Settle Inn is a hotel designed for hoteliers by hoteliers with a back-to-the-basics approach, and is based upon a quality physical product, great rooms and a great guest experience.
We offer our Owners a simple cost effective partnership with our 100% to commitment to their success including; 24/7 800 call center, 2-way reservations interface, 100% FREE PMS software, 24/7 tech support, 24/7 online booking engine at www.settleinn.com, proprietary & permanent sales and service training reinforced monthly for all system hotels, generous quarterly royalty fee discounts based upon service scores, experienced quality assurance staff, an exciting guest loyalty program and an overall approach to marketing that is fresh and fun. We currently offer two brand levels: Settle Inn and Settle Inn & Suites. Both brands target the mid-priced market segment and offer Developers at any stage: from first time Owner to experienced operator - to grow with America's friendliest brand.