Baymont by Wyndham vs WaterWalk Hotels and Apartments Franchise Comparison

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

Start-Up Costs and Fees
 
Baymont by Wyndham Franchise
WaterWalk Hotels and Apartments Franchise
Investment $214,523 - $7,155,641$19,960,000 - $25,430,000
Franchise Fee $26,000 - $29,000$50,000
Royalty Fee 5%-
Advertising Fee 3.5%-
Year Founded 19732014
Year Franchised 19862014
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements
 
Baymont by Wyndham Franchise
WaterWalk Hotels and Apartments Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Baymont by Wyndham Franchise
    WaterWalk Hotels and Apartments Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/No-/-
    Start-up Costs Yes/Yes-/-
    Equipment No/Yes-/-
    Inventory Yes/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Baymont by Wyndham Franchise
    WaterWalk Hotels and Apartments Franchise
    Training On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops, 1-3 days; customized property training, varies with fees -
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform-
    Marketing Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
    Operations 30% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 20 - 25

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Baymont by Wyndham Franchise
    WaterWalk Hotels and Apartments Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Baymont by Wyndham

    Some portion of Wyndham Hotel Group, the Baymont Inn and Suites® Inn brand is a chain of 350 midscale inns situated all through the United States offering a variety of complimentary civilities including free Wi-Fi and mainland breakfast at the Baymont Breakfast Corner℠. Numerous areas include swimming pools, wellness focuses, airplane terminal transport benefit and the chance to gain and recover focuses through Wyndham Rewards®, the brand's visitor steadfastness program. Voyagers can join the free program at www.wyndhamrewards.com.

    Each Baymont Inn and Suites inn is freely claimed and worked under establishment concurrences with Baymont Franchise Systems, Inc., a backup of Wyndham Hotel Group and parent organization Wyndham Worldwide Corporation (NYSE: WYN). Reservations and data are accessible by going by www.baymontinns.com.

    Starting at 2014, Wyndham Hotel Group is the world's biggest and most differing lodging organization, including roughly 7,540 inns and 650,200 rooms in 71 nations

    Established in 1973, Baymont Inns and Suites gives hotel to business and relaxation voyagers over the United States. Every area highlights in-room work areas, pay-per-see motion pictures and computer games, free breakfast, and nonsmoking and disabled open rooms. Baymont Inns and Suites additionally offer gathering rooms, fax administration and PC information ports.

    "Entrepreneur

    #104 in Franchise 500 for 2020.
    #220 in Franchise 500 for 2021.


    About WaterWalk Hotels and Apartments

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    WaterWalk offers both well-appointed hotel suites and all-inclusive apartments. Stay a few days or settle in for a while.
    We do hospitality right. Every time.

    The total investment necessary to begin operation of a WaterWalk Property ranges from $19,960,000 to $25,430,000. This includes the initial fees owed to  WaterWalk varying from between $137,000 and $647,500 that must be paid to WaterWalk or its affiliates when the Property has no more than 153 units. If the Property will have more than 153 units, the payment to  WaterWalk and its affiliates and the total investment is increased by $375 per each additional unit.