Wyndham Hotels & Resorts vs Crowne Plaza Franchise Comparison

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

Start-Up Costs and Fees
 
Wyndham Hotels & Resorts Franchise
Crowne Plaza Franchise
Investment $42,112,580 - $69,188,897$35,380,430 - $70,256,900
Franchise Fee $54,500$75,000
Royalty Fee 5%5%
Advertising Fee 3%-
Year Founded 19811983
Year Franchised 19961983
Term Of Agreement 15-20 YEARS-
Term Of Agreement 15-20 YEARS-
Renewal Fee Negotiable, renewable-


Business Experience Requirements
 
Wyndham Hotels & Resorts Franchise
Crowne Plaza Franchise
Experience --

Financing Options
 
Wyndham Hotels & Resorts Franchise
Crowne Plaza Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/Yes
Start-up Costs No/Yes-/Yes
Equipment No/Yes-/Yes
Inventory No/Yes-/Yes
Receivables No/Yes-/Yes
Payroll No/Yes-/Yes

Training & Support
 
Wyndham Hotels & Resorts Franchise
Crowne Plaza Franchise
Training On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops On-The-Job Training: Varies Classroom Training: Varies
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/appAd Templates National Media SEO Loyalty program/app
Operations Absentee Ownership Allowed Number of Employees Required to Run: 10 - 15 -

Expansion Plans
 
Wyndham Hotels & Resorts Franchise
Crowne Plaza Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion NoYes

Company Overviews

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.

"Entrepreneur
#428 in Franchise 500 for 2020.



About Crowne Plaza

 "Crowne
Work. Connect. Succeed.

When traveling, you need a partner that makes both work and relaxation easy. At Crowne Plaza Hotels & Resorts, we focus on one thing and do it well: making your stay a success. With more than 400 properties worldwide, our premium accommodations, business-ready services and spaces, and fast and fresh meal options are designed to keep you productive, connected, rested, and restored during your stay. Whatever your business or personal needs, our expert staff is on it.

The total investment necessary to begin operation of a typical 300-room Crowne Plaza or Crowne Plaza Suites hotel, excluding land costs and other matters, ranges from $35,380,430 to $60,089,100 ($117,935 to $200,297 per guest room) or more, including between $304,380 and $538,200 or more that must be paid to the franchisor or an affiliate.
The total investment necessary to begin operation of a typical 250-room Crowne Plaza Resort hotel, excluding land costs and other matters, ranges from $40,406,030 to $70,256,900 ($161,624 to $281,028 per guest room) or more, including between $252,380 and $456,200 or more that must be paid to the franchisor or an affiliate.