WoodSpring Suites vs Novotel Franchise Comparison

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

Start-Up Costs and Fees

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


Business Experience Requirements

  WoodSpring Suites Novotel
Experience

Financing Options

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

Training & Support

  WoodSpring Suites Novotel
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

  WoodSpring Suites Novotel
US Expansion
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

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


Business Experience Requirements

Experience
WoodSpring Suites
Novotel

Financing Options

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

Training & Support

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

Expansion Plans

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