Novotel vs Four Points by Sheraton Franchise Comparison

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

Start-Up Costs and Fees
 
Novotel Franchise
Four Points by Sheraton Franchise
Investment $1,000,000$9,400,610 - $25,923,410
Franchise Fee $50,000$60,000
Royalty Fee --
Advertising Fee --
Year Founded -2017
Year Franchised -2017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Novotel Franchise
Four Points by Sheraton Franchise
Experience --

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

Training & Support
 
Novotel Franchise
Four Points by Sheraton Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Novotel Franchise
Four Points by Sheraton Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion NoYes

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 Four Points by Sheraton

"Four

Marriott International is the world’s largest travel company, offering unmatched choice, like Four Points by Sheraton, for guests and driving unrivaled value for owners. With our expansive portfolio of brands, dynamic sales and marketing platform, and a global scale that drives efficiencies, our owners benefit from a clear competitive advantage and opportunity to maximize each hotel investment.