Novotel vs Knights Inn Franchise Comparison

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

Start-Up Costs and Fees
 
Novotel Franchise
Knights Inn Franchise
Investment $1,000,000$93,000 - $6,277,500
Franchise Fee $50,000$7,000
Royalty Fee -$21/rm./mo.
Advertising Fee --
Year Founded -1972
Year Franchised -1991
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Novotel Franchise
Knights Inn Franchise
Experience --

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

Training & Support
 
Novotel Franchise
Knights Inn Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Novotel Franchise
Knights Inn Franchise
US Expansion -Yes
Canada Expansion NoYes
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 Knights Inn

"KNIGHTS

Knight's Inns, an illustrious place to remain. An illustrious place to claim.

With about 200 properties - most ideal off major U.S. what's more, Canadian interstates - Knights Inn is an inn network on a mission: to be the favored economy/spending brand for voyagers searching for clean rooms, well disposed administration, and incredible esteem.

As a Knights Inn franchisee, you'll appreciate two upper hands: a very perceived roadside name and steadfast clients. The economy/spending fragment is an extending market, especially on the recreation side, making Knights Inn lodgings consummately situated to serve esteem cognizant clients: families, seniors and mid-level business voyagers.

This inn network has been around quite a while and individuals know the name by heart. Strong organization.