Novotel vs Tru by Hilton Franchise Comparison

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

Start-Up Costs and Fees
 
Novotel Franchise
Tru by Hilton Franchise
Investment $1,000,000$8,332,795 - $13,542,175
Franchise Fee $50,000$75,000
Royalty Fee -5%
Advertising Fee -4%
Year Founded --
Year Franchised --
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Novotel Franchise
Tru by Hilton Franchise
Experience --

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

Training & Support
 
Novotel Franchise
Tru by Hilton Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Novotel Franchise
Tru by Hilton Franchise
US Expansion -Yes
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 Tru by Hilton

"Tru

You deserve Tru's best every day: a clean, comfortable place to stay and service with a smile. If it's not our best, please let us know. We promise to make it right or we'll cover your night.

#68 in Franchise 500 for 2021. Not ranked in 2020.