| ||||
Updated RecentlyDays Inns Worldwide vs Residence Inn Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Days Inns Worldwide vs Residence Inn including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $231,156 - $5,794,510 | N/A |
| Franchise Fee | $35,000 - $38,000 | N/A |
| Royalty Fee | 5.5% | - |
| Advertising Fee | 3.8% | - |
| Year Founded | 1970 | - |
| Year Franchised | 1972 | - |
| Term Of Agreement | 15-20 years | - |
| Term Of Agreement | 15-20 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | Yes/No | -/- |
| Equipment | Yes/No | -/- |
| Inventory | Yes/No | -/- |
| Receivables | Yes/No | -/- |
| Payroll | Yes/No | -/- |
Training & Support |
||
| Training | Regional workshops | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Co-op advertising, National media, Regional advertising | - |
| Operations |
International franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Days Inns Worldwide
Cecil B. Day opened his first lodging in Tybee Island, Georgia, in 1970. From that point forward, Days Inns Worldwide has developed into a system of about 2,000 diversified inns all through the U.S. what's more, around the world, including a few inns that offer free breakfast and permit pets in select rooms.
Days Inn Worldwide is a piece of the Wyndham Worldwide group of lodgings which additionally incorporates Baymont Inns and Suites, Hawthorn Suites, Howard Johnson Int'l., Knights Franchise Systems, Microtel Inns and Suites, Ramada Worldwide, Super 8, Travelodge Hotels, Wingate by Wyndham, and Wyndham Hotels and Resorts.
!["Top]("https://www.betheboss.ca/images/top-100-logo.final%202020.png"){kind=logo}
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
!["franchiserankingscom"]("https://d3t9r0kmeshe93.cloudfront.net/settings/71116cc7-281b-43ed-8275-5087635f96d8.png")
About Residence Inn
Designed as "home away from home" for travelers staying 5 or more nights - Residential atmosphere with spacious accommodations Features include: - Complimentary hot breakfast - Evening hospitality hour - Swimming pool - Sport Court - Personalized grocery shopping - Daily housekeeping - Guest suites with separate living and sleeping areas - Fully equipped kitchen - Work space with data ports and voicemail