Novotel vs Hyatt Franchise Comparison

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

Start-Up Costs and Fees
 
Novotel Franchise
Hyatt Franchise
Investment $1,000,000$44,648,500 - $1,541,430,000
Franchise Fee $50,000$60,000 - $100,000
Royalty Fee --
Advertising Fee --
Year Founded -1957
Year Franchised -2005
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Novotel Franchise
Hyatt Franchise
Experience --

Financing Options
 
Novotel Franchise
Hyatt Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Novotel Franchise
Hyatt Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Novotel Franchise
Hyatt Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

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 Hyatt

An upscale select service hotel with a modern attitude. Designed for multi-tasking travelers seeking a select service hotel, Hyatt Place properties offer smart design and a relaxed setting with a 24/7 guest kitchen and grab n go case. Located in urban, airport and suburban areas, Hyatt Place features casual hospitality in a contemporary, technology-enabled environment. Sixteen new Hyatt Place hotels opened in North America in 2010 and more than 30 are under development in the U.S., India, Panama, Costa Rica and the Netherlands.

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