Novotel vs WoodSpring Suites Franchise Comparison

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

Start-Up Costs and Fees

  Novotel WoodSpring Suites
Investment 1000000 - 999999 5035000 - 7031000
Franchise Fee
Royalty Fee 5%
Advertising Fee 2.50%
Year Founded 0 2003
Year Franchised 0 2004
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Novotel WoodSpring Suites
Experience

Financing Options

  Novotel WoodSpring Suites
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  Novotel WoodSpring Suites
Training On-The-Job Training: Upon request Classroom Training: Varies
Support Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
Marketing
Operations

Expansion Plans

  Novotel WoodSpring Suites
US Expansion
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
Novotel
WoodSpring Suites
Franchise Fee
Novotel
WoodSpring Suites
Royalty Fee
Novotel
WoodSpring Suites 5%
Advertising Fee
Novotel
WoodSpring Suites 2.50%
Year Founded
Novotel 0
WoodSpring Suites 2003
Year Franchised
Novotel 0
WoodSpring Suites 2004
Term Of Agreement
Novotel
WoodSpring Suites
Renewal Fee
Novotel
WoodSpring Suites


Business Experience Requirements

Experience
Novotel
WoodSpring Suites

Financing Options

 
Franchise Fees
Novotel
WoodSpring Suites
Start-up Costs
Novotel
WoodSpring Suites
Equipment
Novotel}
WoodSpring Suites
Inventory
Novotel
WoodSpring Suites
Receivables
Novotel
WoodSpring Suites
Payroll
Novotel
WoodSpring Suites

Training & Support

Training
Novotel
WoodSpring Suites On-The-Job Training: Upon request Classroom Training: Varies
Support
Novotel
WoodSpring Suites Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
Marketing
Novotel
WoodSpring Suites
Operations
Novotel
WoodSpring Suites

Expansion Plans

US Expansion
Novotel
WoodSpring Suites
Canada Expansion
Novotel 0
WoodSpring Suites
International Expansion
Novotel
WoodSpring Suites