Days Inns Worldwide vs Econo Lodge Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Days Inns Worldwide vs Econo Lodge including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Days Inns Worldwide Franchise
Econo Lodge Franchise
Investment $231,156 - $5,794,510$208,275 - $938,645
Franchise Fee $35,000 - $38,000$25,000
Royalty Fee 5.5%4.5%
Advertising Fee 3.8%3.5%
Year Founded 1970-
Year Franchised 1972-
Term Of Agreement 15-20 years20 years
Term Of Agreement 15-20 years20 years
Renewal Fee --


Business Experience Requirements
 
Days Inns Worldwide Franchise
Econo Lodge Franchise
Experience --

Financing Options
 
Days Inns Worldwide Franchise
Econo Lodge Franchise
  In-House/3rd PartyIn-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
 
Days Inns Worldwide Franchise
Econo Lodge Franchise
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.

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Expansion Plans
 
Days Inns Worldwide Franchise
Econo Lodge Franchise
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.

Days Inn ® is a main worldwide brand in the economy portion with more visitor rooms than some other economy mark on the planet with more than 1,850 properties around the world. Under its "Best Value under the Sun" advertise situating, Days Inn inns offer esteem cognizant shoppers free fast Internet and most lodgings offer free Daybreak breakfast. Numerous lodgings likewise have eateries, pools and meeting rooms.

."Top     "Entrepreneur
"franchiserankingscom"
#47 on Franchise Rankings.com
#91 in Canada's Top franchises.
#201 in Franchise 500 for 2020.
#282 in Franchise 500 for 2021.



About Econo Lodge

Econo Lodge hotels provide a great stay and a great value for business and leisure travelers. Free wireless hotspots Complimentary Breakfast by Econo Lodge Free USA Today weekdays.

The total investment necessary to convert an existing hotel and begin operation of a 63-room ECONO LODGE hotel franchise is between $208,275 and $938,645. This includes an affiliation fee of $250 per room for new franchises, $500 per room for transfers and renewals ($25,000 minimum for new franchises, $30,000 for transfers and renewals); a brand activation fee of approximately $8,000 to $17,000; and orientation and hospitality training fees of between $0 and $3,145 per person, all of which are paid to the Franchisor or its affiliates. These sums do not include the cost of any real estate taxes.