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Below is an in-depth analysis and side-by-side comparison of Red Roof Inn vs Wyndham Hotels & Resorts including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $203,500 - $5,456,700 | $42,112,580 - $69,188,897 |
Franchise Fee | $30,000 | $54,500 |
Royalty Fee | 4.5% | 5% |
Advertising Fee | 4%(Marketing & Reservation Fee) | 3% |
Year Founded | 1967 | 1981 |
Year Franchised | 1996 | 1996 |
Term Of Agreement | 20 years | 15-20 YEARS |
Term Of Agreement | 20 years | 15-20 YEARS |
Renewal Fee | 50% of current franchise fee | Negotiable, renewable |
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/Yes | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/Yes |
Receivables | No/Yes | No/Yes |
Payroll | No/Yes | No/Yes |
Training & Support |
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Training | On-The-Job Training: Varies Classroom Training: 40 hours Additional Training: Regional workshops | On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations |
Number of Employees Required to Run: 10 10% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. (60% of current franchisees are owner/operators) | Absentee Ownership Allowed Number of Employees Required to Run: 10 - 15 |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
Wyndham Hotels and Resorts is an upscale full-benefit inn network with areas in business and get-away goals around the world. Inn pleasantries incorporate meeting spaces, eateries, business and wellness focuses. Resort areas offer golf, tennis, shorelines and spas. Wyndham Hotels and Resorts is a piece of Wyndham Worldwide, which spun off from Cendant Corporation in 2006.
As one of the world's biggest friendliness organizations, Wyndham Worldwide offers explorers around the world, and in addition inn financial specialists, engineers, and administrators, a wide suite of cordiality items and administrations crosswise over different settlement options and value ranges. We have manufactured a critical nearness in real friendliness showcases in the United States and all through the world.