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Updated RecentlyRamada Worldwide vs @LodgingOrg Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Ramada Worldwide vs @LodgingOrg including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $220,731 - $9,291,313 | N/A |
| Franchise Fee | $35,000 | N/A |
| Royalty Fee | 4.5% | 0 |
| Advertising Fee | 4% | - |
| Year Founded | 1954 | 2013 |
| Year Franchised | 1990 | 2013 |
| Term Of Agreement | 15-20 years | - |
| Term Of Agreement | 15-20 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/No |
| Start-up Costs | Yes/No | No/No |
| Equipment | Yes/No | No/No |
| Inventory | Yes/No | No/No |
| Receivables | Yes/No | No/No |
| Payroll | Yes/No | No/No |
Training & Support |
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| Training | Regional workshops | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Grand opening, Internet, Field operations/evaluations |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
| Operations |
Number of employees needed to run franchised unit: 10 - 15
Absentee ownership of franchise is allowed. | |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
Company Overviews
About Ramada Worldwide
In 1954 a group of investors opened an inn in Flagstaff, Arizona, the first in a series of motor hotels to be opened by the group. Five years later, the chain was named Ramada, meaning 'a shaded resting place' in Spanish. Today Ramada, which has been owned by Cendant Corp. since 1997, operates hotels throughout the United States. The company is comprised of three segments, Ramada Inns, Ramada Limiteds and Ramada Plaza Hotels, serving value-conscious and mid-market travelers.
Ramada Worldwide Inc. is a Delaware company, a backup of Wyndham Hotel Group, LLC, which is possessed by Wyndham Worldwide Corporation. They claim the exclusive Ramada System, giving transient visitor lodging administrations to the general population, including certain exchange names, benefit marks and other business images. They offer and bolster establishments for Ramada Chain visitor lodging offices.
Establishment Offer: Qualified people are offered an establishment to work a Ramada Chain visitor lodging office at a solitary, characterized area. There are two distinct sorts of offices:
1) A "Ramada" office offers agreeable alluring lodging at mid to upper mid-advertise rates in many markets, and has around 100 visitor rooms. A Ramada Facility highlights either a cordiality range with both relaxation seating and breakfast seating and administration territories and also a "Ramada Convenience Mart", or a full administration eatery and mixed drink relax. Ramada Facilities additionally have meeting rooms, ringer benefit upon demand, complimentary rapid web get to, clothing/valet benefit, a swimming pool and a wellness office.
About @LodgingOrg
@LodgingOrg will market you better and save you money! The @LodgingOrg strategy combines AAA, Twitter, Save Your Receipt.Org, and the @ logo with a 20 mile protected area. With the @ logo at the beginning of your name, your name, your logo, and your Twitter address will be at the top of every alphabetical list online/offline, tour books, chamber sites, and all the white/yellow page books you are in. Twitter users will be compelled to check you out on Twitter. When they read your bio they will discover a 20% discount for following you and a toll free number to make a reservation. Your @LodgingOrg franchise is free and there are no contracts to sign. Our web site is supported by our vendors advertising budgets.