Novotel vs The Luxury Collection Franchise Comparison

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

Start-Up Costs and Fees
 
Novotel Franchise
The Luxury Collection Franchise
Investment $1,000,000$138,156,490 - $214,086,490
Franchise Fee $50,000N/A
Royalty Fee --
Advertising Fee --
Year Founded --
Year Franchised --
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Novotel Franchise
The Luxury Collection Franchise
Experience --

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

Training & Support
 
Novotel Franchise
The Luxury Collection Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Novotel Franchise
The Luxury Collection 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 The Luxury Collection

"The

The franchisee will establish and operate a full-service hotel that will be designated
as a member of “The Luxury Collection.”
The total investment necessary to begin operation of a newly-constructed The Luxury Collection hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $138,156,490 to $214,086,490 for a 250-guestroom hotel. This includes approximately $368,500 to $499,500 that must be paid to the franchisor or an affiliate.