Start-Up Costs and Fees |
||
| Hospitality | Wyndham Hotels & Resorts | |
| Investment | 133600 - 2602000 | 42112580 - 69188897 |
| Franchise Fee | 0 | |
| Royalty Fee | $35/rm/night | 5% |
| Advertising Fee | 3% | |
| Year Founded | 1971 | 1981 |
| Year Franchised | 1982 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hospitality | Wyndham Hotels & Resorts | |
| Experience | ||
Financing Options |
||
| Hospitality | Wyndham Hotels & Resorts | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Hospitality | Wyndham Hotels & Resorts | |
| Training | Classroom Training: 10.5 hours Additional Training: At regional training seminars | On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
| Marketing | Ad Templates Regional Advertising Social media Website development Email marketing | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | Absentee Ownership Allowed Number of Employees Required to Run: 10 - 15 |
Expansion Plans |
||
| Hospitality | Wyndham Hotels & Resorts | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | 0 |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Hospitality | |
| Wyndham Hotels & Resorts | |
| Franchise Fee | |
| Hospitality | |
| Wyndham Hotels & Resorts | |
| Royalty Fee | |
| Hospitality | $35/rm/night |
| Wyndham Hotels & Resorts | 5% |
| Advertising Fee | |
| Hospitality | |
| Wyndham Hotels & Resorts | 3% |
| Year Founded | |
| Hospitality | 1971 |
| Wyndham Hotels & Resorts | 1981 |
| Year Franchised | |
| Hospitality | 1982 |
| Wyndham Hotels & Resorts | 1996 |
| Term Of Agreement | |
| Hospitality | 5 years |
| Wyndham Hotels & Resorts | 15-20 YEARS |
| Renewal Fee | |
| Hospitality | |
| Wyndham Hotels & Resorts | Negotiable, renewable |
Business Experience Requirements |
|
| Experience | |
| Hospitality | |
| Wyndham Hotels & Resorts | |
Financing Options |
|
| Franchise Fees | |
| Hospitality | No |
| Wyndham Hotels & Resorts | No |
| Start-up Costs | |
| Hospitality | |
| Wyndham Hotels & Resorts | |
| Equipment | |
| Hospitality} | |
| Wyndham Hotels & Resorts | |
| Inventory | |
| Hospitality | |
| Wyndham Hotels & Resorts | |
| Receivables | |
| Hospitality | |
| Wyndham Hotels & Resorts | |
| Payroll | |
| Hospitality | |
| Wyndham Hotels & Resorts | |
Training & Support |
|
| Training | |
| Hospitality | Classroom Training: 10.5 hours Additional Training: At regional training seminars |
| Wyndham Hotels & Resorts | On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops |
| Support | |
| Hospitality | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Wyndham Hotels & Resorts | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
| Marketing | |
| Hospitality | Ad Templates Regional Advertising Social media Website development Email marketing |
| Wyndham Hotels & Resorts | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Hospitality | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
| Wyndham Hotels & Resorts | Absentee Ownership Allowed Number of Employees Required to Run: 10 - 15 |
Expansion Plans |
|
| US Expansion | |
| Hospitality | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Wyndham Hotels & Resorts | |
| Canada Expansion | |
| Hospitality | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Wyndham Hotels & Resorts | 0 |
| International Expansion | |
| Hospitality | |
| Wyndham Hotels & Resorts | |