| ||||
Updated RecentlyLa Quinta vs Wyndham Garden Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of La Quinta vs Wyndham Garden including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $3,822,657 - $12,901,630 | $446,776 - $14,378,293 |
| Franchise Fee | $55,000 | $39,500 |
| Royalty Fee | 4-4.5% | 5% |
| Advertising Fee | 4.5% | 3% |
| Year Founded | 1968 | 1996 |
| Year Franchised | 2001 | 1996 |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | Yes/- |
| Start-up Costs | No/Yes | Yes/- |
| Equipment | No/Yes | -/Yes |
| Inventory | No/Yes | Yes/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/Yes |
Training & Support |
||
| Training | - | On-The-Job Training: Up to 30 hours Classroom Training: 38-70 hours |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations |
15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 25
Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) | - |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About La Quinta
La Quinta is one of the fastest growing mid-scale hotels with properties across the US, Canada and Mexico. Our purpose is to provide a refreshing and engaging environment that builds long-lasting, valuable relationships with employees, guests, owners and partners.
La Quinta is a proud participant in VetFran, and is honored to offer veterans of our armed forces great incentives and enhanced resources for becoming a part of the La Quinta family.
Veteran Incentives: 50% off application/franchise fees; development incentive of up to $4,000/room
The total investment necessary to begin operation of a La Quinta Inn
& Suites franchise for a 109-room new construction facility ranges
from $10,348,042 to $12,901,630, including $71,050 to $91,500 that must
be paid to the franchisor or an affiliate.
The total investment necessary to begin operation of a La Quinta Inn & Suites franchise
for a 100-room conversion facility ranges from $3,822,657 to $6,101,522
including $66,100 to $86,550 that must be paid to the franchisor or an
affiliate. Land acquisition and site preparation costs are not included
in these ranges.
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
#193 in Franchise 500 for 2020.
#217 in Franchise 500 for 2021.
About Wyndham Garden
!["Wyndham]("https://fddexchange.com/wp-content/uploads/2020/09/Wyndham-Garden-300x77.png")
Conveniently situated in key airport and suburban locations, Wyndham
Garden offers thoughtful guest rooms, cozy lounges, and flexible meeting
spaces to make your travels a bit easier.
The franchisee will use the Wyndham Garden® system to establish and
operate an upscale select service Wyndham Garden guest lodging facility.
Strong partnership with our owners, along with one-on-one, personalized support,
is the backbone of our mutual success.