Radisson vs Wyndham Hotels & Resorts Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Radisson vs Wyndham Hotels & Resorts including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$13,942,060 - $65,080,705 | $42,112,580 - $69,188,897 |
Franchise Fee |
$75,000 | $54,500 |
Royalty Fee |
5% | 5% |
Advertising Fee |
2% | 3% |
Year Founded |
1962 | 1981 |
Year Franchised |
1983 | 1996 |
Term Of Agreement |
20 years | 15-20 YEARS |
Term Of Agreement |
20 years | 15-20 YEARS |
Renewal Fee |
- | Negotiable, renewable |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | No/Yes |
Start-up Costs |
No/No | No/Yes |
Equipment |
No/No | No/Yes |
Inventory |
No/No | No/Yes |
Receivables |
No/No | No/Yes |
Payroll |
No/No | No/Yes |
Training & Support |
Training |
- Pre-Opening assistance includes: consultation services; hotel operations assistance; purchasing programs; standards manuals; training programs
- Ongoing assistance includes: consultation services; purchasing, training and marketing programs; reservation system access; hotel inspections
- Revenue optimization tools
- Look To Book, an innovative, patented reward program for travel agents
- A dedicated brand sales team
- Social media expertise and support
- Strategic alliance with the world's leading business travel management company, CWT
- A dedicated field operations team
- Dedicated revenue specialists
|
On-The-Job Training: 3-4 days
Classroom Training: 4 days
Additional Training: Regional workshops |
Support |
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, 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 |
Absentee ownership of franchise is allowed. |
Absentee Ownership Allowed
Number of Employees Required to Run: 10 - 15
|
Expansion Plans |
US Expansion |
Yes | - |
Canada Expansion |
Yes | No |
International Expansion |
Yes | No |
Company Overviews
About Radisson
Radisson is one of the world's leading global hotel brands. It delivers vibrant, contemporary and engaging hospitality that is characterized by its unique Yes I Can!SM service philosophy. Radisson hotels are first-class, full-service hotels that offer a range of "World of Radisson" services and amenities that have been created specifically to be empathetic to the challenges of modern travel, including its 100% Guest Satisfaction Guarantee.
Radisson is modern in outlook, socially responsible and service-driven. At its very heart, Radisson is a brand of true hoteliers who understand modern day travel, the complexities of life on the move and the solutions hotels must offer-no matter where in the world they may be. Radisson is committed to building meaningful, personal relationships and has a passion for Yes I Can! hospitality.
Radisson hotels are conveniently situated in major urban and suburban settings, in resort destinations, business districts and airport gateways.
Radisson can be found in the places guest need us the most - near airports, city centers and resorts. Current locations can be found in the Americas and Asia Pacific with plans in motion to expand even further throughout the world.
Tiered Branding
Radisson is a two-tiered brand offering a choice of an upper upscale hospitality experience at our Radisson Blu hotels or an upscale experience at our Radisson hotels.
Radisson Blu flagship properties can be found globally in prime locations, including major cities, airport gateways and leisure destinations around the world.
Look for upscale Radisson hotels in major urban and suburban locations, as well as near airports and business districts around the world.
As of Year End 2018, Radisson has 217 hotels operating throughout the world with 38,940 rooms
and 104 hotels in the development pipeline with an additional 23,745 rooms.
Our initial Fee $500/room, $75,000 minimum
About Wyndham Hotels & Resorts
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.
We establishment inns in the upper upscale through economy sections of the cabin business and give property administration administrations to upscale properties through Wyndham Hotel Management.
The total investment necessary to begin operation of a 301 room hotel
typically ranges from $42,112,580 to $69,188,897 for a new construction
project and from $1,439,745 to $29,392,990 for a conversion hotel. Land
acquisition costs are not included in these ranges. The above amounts
include a range of $180,085 to $189,035 that must be paid to the
franchisor or an affiliate.
#298 in Franchise 500 for 2020.
#428 in Franchise 500 for 2020.