NYLO Hotels vs Atwell Suites Franchise Comparison

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

Start-Up Costs and Fees
 
NYLO Hotels Franchise
Atwell Suites Franchise
Investment $10,880,000 - $14,800,000$8,820,308 - $12,387,352
Franchise Fee $60,000 - $69,600N/A
Royalty Fee 5%5%
Advertising Fee 3.5%-
Year Founded --
Year Franchised --
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
NYLO Hotels Franchise
Atwell Suites Franchise
Experience --

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

Training & Support
 
NYLO Hotels Franchise
Atwell Suites Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
NYLO Hotels Franchise
Atwell Suites 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 Atwell Suites

Atwell Suites™ is a new upper-midscale, all-suites hotel brand that brings inspiration to every journey.


The approximate total investment necessary to begin operation of a typical 96-room Atwell Suites hotel, excluding land costs and and other matters, ranges from $8,820,308 to $12,387,352 ($91,878 to $129,035 per guest room) or more, including between $132,710 to $157,895 or more that must be paid to the franchisor or an affiliate.