Start-Up Costs and Fees |
||
| Wyndham Hotels & Resorts | stayAPT Suites | |
| Investment | 42112580 - 69188897 | 4148500 - 7616000 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | 3% | |
| Year Founded | 1981 | 2018 |
| Year Franchised | 1996 | 2018 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Wyndham Hotels & Resorts | stayAPT Suites | |
| Experience | ||
Financing Options |
||
| Wyndham Hotels & Resorts | stayAPT Suites | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Wyndham Hotels & Resorts | stayAPT Suites | |
| Training | 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 Franchisee Intranet Platform | |
| Marketing | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 10 - 15 | |
Expansion Plans |
||
| Wyndham Hotels & Resorts | stayAPT Suites | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Wyndham Hotels & Resorts | |
| stayAPT Suites | |
| Franchise Fee | |
| Wyndham Hotels & Resorts | |
| stayAPT Suites | |
| Royalty Fee | |
| Wyndham Hotels & Resorts | 5% |
| stayAPT Suites | |
| Advertising Fee | |
| Wyndham Hotels & Resorts | 3% |
| stayAPT Suites | |
| Year Founded | |
| Wyndham Hotels & Resorts | 1981 |
| stayAPT Suites | 2018 |
| Year Franchised | |
| Wyndham Hotels & Resorts | 1996 |
| stayAPT Suites | 2018 |
| Term Of Agreement | |
| Wyndham Hotels & Resorts | 15-20 YEARS |
| stayAPT Suites | |
| Renewal Fee | |
| Wyndham Hotels & Resorts | Negotiable, renewable |
| stayAPT Suites | |
Business Experience Requirements |
|
| Experience | |
| Wyndham Hotels & Resorts | |
| stayAPT Suites | |
Financing Options |
|
| Franchise Fees | |
| Wyndham Hotels & Resorts | No |
| stayAPT Suites | No |
| Start-up Costs | |
| Wyndham Hotels & Resorts | |
| stayAPT Suites | |
| Equipment | |
| Wyndham Hotels & Resorts} | |
| stayAPT Suites | |
| Inventory | |
| Wyndham Hotels & Resorts | |
| stayAPT Suites | |
| Receivables | |
| Wyndham Hotels & Resorts | |
| stayAPT Suites | |
| Payroll | |
| Wyndham Hotels & Resorts | |
| stayAPT Suites | |
Training & Support |
|
| Training | |
| Wyndham Hotels & Resorts | On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops |
| stayAPT Suites | |
| Support | |
| Wyndham Hotels & Resorts | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
| stayAPT Suites | |
| Marketing | |
| Wyndham Hotels & Resorts | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| stayAPT Suites | |
| Operations | |
| Wyndham Hotels & Resorts | Absentee Ownership Allowed Number of Employees Required to Run: 10 - 15 |
| stayAPT Suites | |
Expansion Plans |
|
| US Expansion | |
| Wyndham Hotels & Resorts | |
| stayAPT Suites | 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 | |
| Wyndham Hotels & Resorts | 0 |
| stayAPT Suites | |
| International Expansion | |
| Wyndham Hotels & Resorts | |
| stayAPT Suites | |