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Updated RecentlyNovotel vs Hyatt House Hotels Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Novotel vs Hyatt House Hotels including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $1,000,000 | $15,269,000 - $30,124,500 |
| Franchise Fee | $50,000 | $60,000 - $100,000 |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | - | 1957 |
| Year Franchised | - | 2011 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | No | Yes |
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 House Hotels
In 1957, Jay Pritzker purchased the first Hyatt property, and it was
named Hyatt House.
Today, we provide hotels that guests can not only
stay in, but live in. No matter how long you stay, relax and settle into
our house as if it were your own.