Crowne Plaza vs TRYP by Wyndham Franchise Comparison

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

Start-Up Costs and Fees
 
Crowne Plaza Franchise
TRYP by Wyndham Franchise
Investment $35,380,430 - $70,256,900$15,120,019 - $23,614,755
Franchise Fee $75,000$39,500
Royalty Fee 5%5%
Advertising Fee -4%
Year Founded 19831975
Year Franchised 19832011
Term Of Agreement -15-20 YEARS
Term Of Agreement -15-20 YEARS
Renewal Fee -Negotiable, renewable


Business Experience Requirements
 
Crowne Plaza Franchise
TRYP by Wyndham Franchise
Experience --

Financing Options
 
Crowne Plaza Franchise
TRYP by Wyndham Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/YesYes/Yes
Start-up Costs -/YesYes/Yes
Equipment -/Yes-/Yes
Inventory -/YesYes/-
Receivables -/Yes-/-
Payroll -/Yes-/-

Training & Support
 
Crowne Plaza Franchise
TRYP by Wyndham Franchise
Training On-The-Job Training: Varies Classroom Training: Varies On-The-Job Training: 3-4 days Classroom Training: 4 days
Support Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
Marketing Ad Templates National Media SEO Loyalty program/app Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations --

Expansion Plans
 
Crowne Plaza Franchise
TRYP by Wyndham Franchise
US Expansion YesYes
Canada Expansion -No
International Expansion YesYes

Company Overviews

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.

About TRYP by Wyndham

TRYP by Wyndham® is a select-benefit inn mark that as of now has more than 90 properties in the absolute most dynamic and cosmopolitan urban communities in Europe and South America and will soon be making its introduction in North America. TRYP lodgings take into account both business and relaxation voyagers who esteem personal satisfaction with expert greatness, and offer a novel affair that urges visitors to appreciate the city, mingle and live without limitations.

Begin!

Building a solid, gainful business takes assets. As a component of the Wyndham family, you get them. Select access to world-class improvement bolster administrations - Design, Development and Sourcing.

As one of the world's biggest cordiality organizations, Wyndham Worldwide offers explorers around the world, and in addition lodging speculators, designers, and administrators, a wide suite of friendliness items and administrations crosswise over different convenience choices and value ranges. We have manufactured a critical nearness in real cordiality showcases in the United States and all through the world.

We establishment inns in the upper upscale through economy fragments of the cabin business and give property administration administrations to upscale properties through Wyndham Hotel Management.