Novotel vs Hyatt Centric Franchise Comparison

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

Start-Up Costs and Fees

 
Novotel Franchise
Hyatt Centric Franchise
Investment $1,000,000$29,373,500 - $105,360,000
Franchise Fee $50,000$100,000
Royalty Fee --
Advertising Fee --
Year Founded -2015
Year Franchised -2015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Novotel Franchise
Hyatt Centric Franchise
Experience --

Financing Options

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

Training & Support

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

Expansion Plans

 
Novotel Franchise
Hyatt Centric 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 Hyatt Centric

"Hyatt
Start here. Discover everywhere.
Hyatt Centric hotels are located in the heart of the action, serving as the perfect spot for exploring all your destination has to offer.
Our Hyatt Centric hosts are destination experts