NYLO Hotels vs BW Premier Collection Franchise Comparison

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

Start-Up Costs and Fees
 
NYLO Hotels Franchise
BW Premier Collection Franchise
Investment $10,880,000 - $14,800,000N/A
Franchise Fee $60,000 - $69,600N/A
Royalty Fee 5%-
Advertising Fee 3.5%-
Year Founded -2015
Year Franchised -2015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
NYLO Hotels Franchise
BW Premier Collection Franchise
Experience --

Financing Options
 
NYLO Hotels Franchise
BW Premier Collection Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
NYLO Hotels Franchise
BW Premier Collection Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
NYLO Hotels Franchise
BW Premier Collection Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

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 BW Premier Collection

"BW
Best Western Hotels & Resorts headquartered in Phoenix, Arizona, is a privately held hotel brand within the BWH Hotel Group global network. With 18 brands and approximately 4,700 hotels in over 100 countries and territories worldwide*, BWH Hotel Group suits the needs of developers and guests in every market. Brands include Best Western, Best Western Plus, Best Western Premier®, Executive Residency by Best Western, Vīb®, GLō®, Aiden®, Sadie®, BW Premier Collection® and BW Signature Collection®. Through acquisition, WorldHotelsTM Luxury, WorldHotels Elite, WorldHotels Distinctive and WorldHotels Crafted collections are also offered. Completing the portfolio is SureStay®, SureStay Plus®, SureStay Collection® and SureStay Studio franchises.

The total investment necessary to begin operation of a 120-room BW Premier Collection hotel is $606,800 - $5,281,500, which includes $29,000 - $39,400 that must be paid to the franchisor or their affiliate.
The total investment necessary to begin operation of a 90-room BW Signature Collection hotel is $436,300 - $2,124,500, which includes $29,000 - $39,400 that must be paid to the franchisor or their affiliate.