Wingate by Wyndham vs Value Place Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Wingate by Wyndham vs Value Place including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Wingate by Wyndham Franchise
Value Place Franchise
Investment $375,465 - $10,816,446$5,035,000 - $7,031,000
Franchise Fee $36,000 - $40,500$5,000
Royalty Fee 4.5%5%
Advertising Fee 4%-
Year Founded 19952003
Year Franchised 19952004
Term Of Agreement 20 years20 years
Term Of Agreement 20 years20 years
Renewal Fee -50% of current fran. fee


Business Experience Requirements

 
Wingate by Wyndham Franchise
Value Place Franchise
Experience --

Financing Options

 
Wingate by Wyndham Franchise
Value Place Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/NoNo/No
Start-up Costs Yes/NoNo/No
Equipment Yes/NoNo/No
Inventory Yes/NoNo/No
Receivables Yes/NoNo/No
Payroll Yes/NoNo/No

Training & Support

 
Wingate by Wyndham Franchise
Value Place Franchise
Training Regional workshops-
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives-
Marketing Co-op advertising, National media, Regional advertising-
Operations International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 15 - 20

Absentee ownership of franchise is allowed.

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Expansion Plans

 
Wingate by Wyndham Franchise
Value Place Franchise
US Expansion --
Canada Expansion NoNo
International Expansion YesNo

Company Overviews

About Wingate by Wyndham

Wingate by Wyndham is the brand that is "Worked For Business". The brand propelled an all-new development inn network in 1996 to offer luxuries and administrations that make life out and about more beneficial. Comprehensive valuing supported by the Wingate by Wyndham 100% Satisfaction Guarantee separates our inn from different chains. Visitors can expect rooms outlined absolutely around their business needs with home-like luxuries from time to time found in mid-advertise properties. Our inn administrators have observed the brand to be a strong speculation with much more open door as the chain grows every year. Our determined duty to detail guarantees that Wingate by Wyndham will be the business voyager's decision for first and rehash remains. Our key development arrange concentrates on focus city activities and energizes advancement in prominent corporate markets. As a Wingate by Wyndham franchisee, you'll access our cutting edge focal reservations framework, broad, exhaustive preparing, an unrivaled visitor fulfillment following instrument and a committed, trustworthy bolster staff. You'll likewise receive the rewards of taking an interest in Wyndham Rewards, the world's biggest lodging rewards program* and along our engaged national promoting endeavors.

*Based on number of taking an interest lodgings.

"Entrepreneur
#402 in Franchise 500 for 2020.


About Value Place

Convenient Options for Temporary Housing

Enjoy the convenience of fully furnished suites and amenities that help you feel at home. Whether you’re traveling for work, moving to a new city, visiting family, remodeling you home, or you just need a place to stay for a while, we’re here for you. With nearly 300 locations across the country - and new hotels opening this year - it’s easy to find the WoodSpring Suites hotel that meets your needs.

How to Save Even More With Our Monthly Pre-Paid Rates

  • Search for your destination on WoodSpring.com with a date range of 28+ nights.
  • Look for our exclusive "Stay Longer and Save” rates.
  • Pre-pay for the first 28 nights of your stay when you check in, then pay every 28-nights for the rest of your stay.
  • The price you see, plus taxes and fees, is the price you’ll pay. The rate you see is the discounted rate for your 28+ night stay.

Planning a shorter visit? Check out our affordable weekly rates.