Moxy Hotels vs Canopy Franchise Comparison

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

Start-Up Costs and Fees

 
Moxy Hotels Franchise
Canopy Franchise
Investment $10,309,910 - $31,230,300$44,872,050 - $114,186,475
Franchise Fee $75,000$75,000
Royalty Fee 5.5%5%
Advertising Fee -4%
Year Founded 20142007
Year Franchised 20142007
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Moxy Hotels Franchise
Canopy Franchise
Experience --

Financing Options

 
Moxy Hotels Franchise
Canopy Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Moxy Hotels Franchise
Canopy Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Moxy Hotels Franchise
Canopy Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesYes

Company Overviews

About Moxy Hotels

"Moxy

Moxy Hotels, Marriott International’s newest and most anxious affordable brand, serves as a playground that attracts Fun Hunter travelers. With a highly competitive market for hotels in much of the United States and Canada, Moxy Hotels gives owners and franchisees a new pick of the litter to compete in the upper, midscale priced tier in prime urban locations.

The total investment necessary to begin operation of a newly-constructed prototypical Moxy Hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $10,309,910 to $25,544,600 for a 100 to 150-room Moxy Hotel and from $15,162,110 to  31,230,300 for a 151 to 200-room Moxy Hotel, plus from 100,000 to 200,000 Euros to be paid to a third-party not related to us. This includes approximately $161,000 to $280,590 that must be paid to the franchisor or an affiliate.



About Canopy

"Canopy
The Hilton Performance Advantage is an integrated system of innovative solutions and advanced technologies that work together to drive increased business and keep costs down, without compromising quality. Together, these seven services provide access to the latest tools, technologies, forward-thinking strategies, and the most influential people in the industry to create an unrivaled competitive advantage.

#210 in Franchise 500 for 2021   Not in Franchise 500 for 2020