NYLO Hotels vs Margaritaville Hotels & Resorts Franchise Comparison

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

Start-Up Costs and Fees

 
NYLO Hotels Franchise
Margaritaville Hotels & Resorts Franchise
Investment $10,880,000 - $14,800,000$10,175,000 - $115,680,000
Franchise Fee $60,000 - $69,600N/A
Royalty Fee 5%-
Advertising Fee 3.5%-
Year Founded -1985
Year Franchised -2019
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
NYLO Hotels Franchise
Margaritaville Hotels & Resorts Franchise
Experience --

Financing Options

 
NYLO Hotels Franchise
Margaritaville Hotels & Resorts Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
NYLO Hotels Franchise
Margaritaville Hotels & Resorts Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
NYLO Hotels Franchise
Margaritaville Hotels & Resorts Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About NYLO Hotels

NYLO has set the goal of having 50 hotels open or under construction by end of 2012. This includes both NYLO and XP by NYLO hotels. NYLO's growth plan will be accomplished by pursuing two avenues simultaneously: 1. Corporate owned, developed and operated hotels, and 2. Franchise agreements with third party owners, developers and operators. As a core part of its business plan, NYLO made the strategic decision not to launch the franchising until it had developed, constructed and operated at least a few corporately owned hotels in order to fully understand the product from a developer's perspective. NYLO will continue to corporately develop, own and operated additional hotels going forward; however, franchising will play an increasingly significant role in the brand's growth. NYLO first made the brands available for franchising in February 2008 and has filed a franchise disclosure document (FDD) in 47 states and is therefore licensed to sell franchises in 47 states. NYLO offers developers and franchisees an innovative concept that is efficient to construct and the personal support of its experienced senior management team.

About Margaritaville Hotels & Resorts

"Margaritaville

Margaritaville Hotels & Resorts, LLC offers franchises for the development and operation of upscale, full-service hotel or resort establishments that provide lodging and food and beverage of a distinctive character and quality under the names Margaritaville Hotel, Margaritaville Resort, Margaritaville Beach Resort and Margaritaville Lake Resort.