NYLO Prototype Buildings

NYLO worked on the prototype buildings for several years before it even started to build the first hotel. A substantial amount of time, thought and experience went into every aspect and every inch of the prototype buildings to make the buildings efficient and functional and to create NYLO's cutting edge design aesthetic. Taking inspiration from the urban residential loft, NYLO's buildings represent bold design with striking brick facades, soaring ceilings and flexible open space.

Practicality and design strike a balance throughout NYLO and XP by NYLO. The loft is an enduring design with inherent simplicity that fits in and is additive to just about any location. The brick and concrete construction not only lends authenticity and charm; but makes for quiet rooms, durable construction and with its narrow thermal ranges lowers heating and cooling costs. The polished concrete floors are aesthetically attractive, practical and easy to clean. Exposed conduits and sprinklers provide significant economic savings and make for easy repairs. Housekeeping attendants require less time to clean a NYLO room than a typical hotel room due to the design considerations such as the concrete floors.

NYLO's buildings utilize proven construction techniques and are quick to construct. The first two NYLO hotels in Plano, Texas and Warwick, Rhode Island have construction periods of 12 months (from shovel in the ground to open for business.) Future hotels will improve upon this time scale with goals of 10 months for NYLO and 9 months for XP by NYLO.

NYLO is prepared to offer all franchisees technical assistance regarding the construction means and methods to the extent necessary or desired. The hotels have also been designed to operate efficiently - one associate can serve multiple roles from convenient locations in the hotel. For example, in The Loft, one associate can serve from the bar, wait a table or receive the boutique. At XP, one representative can provide multiple services from the centralized lobby bar, including reception, F&B services, sundry service, printing and faxing.

Furthermore, NYLO has significantly reduced the construction risk by virtue of the prototype model. Lenders will appreciate that NYLO has built the same or very similar building several times in a variety of markets across the country and has a track record of costs and of beings on time and on budget. Furthermore, franchisees will be able to benefit from NYLO's relationship with several of the major subcontractors (for example; concrete, brick external wall system and glass.)

NYLO's lifestyle hotels are efficient to build and operate yet offer a dynamic and fun place to stay that exceeds the fundamental requirements of a business hotel. This translates to a low cost per key, high average rates and superior returns on investments.

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