Oyo Hotels vs Element Hotels Franchise Comparison

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

Start-Up Costs and Fees
 
Oyo Hotels Franchise
Element Hotels Franchise
Investment $97,700 - $179,700$10,972,610 - $30,445,500
Franchise Fee N/A$60,000
Royalty Fee -5.5%
Advertising Fee --
Year Founded 20191997
Year Franchised 20192017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Oyo Hotels Franchise
Element Hotels Franchise
Experience --

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

Training & Support
 
Oyo Hotels Franchise
Element Hotels Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Oyo Hotels Franchise
Element Hotels Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesYes

Company Overviews

About Oyo Hotels

"Oyo

Opening its doors in 2013, OYO Hotels & Homes, a young hotel startup, today is the world’s leading chain of hotels, homes, and spaces. The portfolio combines fully operated real estate comprising more than 44,000 hotels with over 1.2 million rooms. Through its vacation homes business, the company offers travelers and city dwellers access to over 125,000 homes around the world under OYO Home, Belvilla, Danland, Dancenter and Germany-based Traum-Ferienwohnungen brands.
OYO today operates in over 800 cities in 80 countries, including the U.S., Europe, U.K., India, Middle East, Southeast Asia, and Japan.



About Element Hotels

"Element

Inspired by Westin, Element® is transforming the extended stay segment with bright, modern design, eco-conscious practices and an innovative guest experience that resonates with today’s traveler. From spacious guest rooms featuring fully equipped kitchens to spa-inspired bathrooms, guests have space to live their lives.
Element is a smarter, better place to stay.