Oyo Hotels vs Canopy Franchise Comparison

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

Start-Up Costs and Fees
 
Oyo Hotels Franchise
Canopy Franchise
Investment $97,700 - $179,700$44,872,050 - $114,186,475
Franchise Fee N/A$75,000
Royalty Fee -5%
Advertising Fee -4%
Year Founded 20192007
Year Franchised 20192007
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Oyo Hotels Franchise
Canopy Franchise
Experience --

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

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

Expansion Plans
 
Oyo Hotels Franchise
Canopy 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 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