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Below is an in-depth analysis and side-by-side comparison of Budgetel Inns vs TRYP by Wyndham including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $1,000,000 | $15,120,019 - $23,614,755 |
Franchise Fee | N/A | $39,500 |
Royalty Fee | - | 5% |
Advertising Fee | - | 4% |
Year Founded | - | 1975 |
Year Franchised | - | 2011 |
Term Of Agreement | - | 15-20 YEARS |
Term Of Agreement | - | 15-20 YEARS |
Renewal Fee | - | Negotiable, renewable |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | Yes/Yes |
Start-up Costs | -/- | Yes/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | Yes/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | On-The-Job Training: 3-4 days Classroom Training: 4 days |
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 | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | No |
International Expansion | - | Yes |
Welcome to a hotel franchise opportunity that stands alone In today's complex world of mid-priced, limited-service hotel franchise opportunities, it can be hard to differentiate one from another. However, just because you're looking at the limited-service hotel franchise segment, it doesn't mean there should be limits on the service you receive. At America's Best Franchising, we offer a hotel franchise difference that makes all the difference. From the moment you become an ABF franchise owner, and throughout your entire relationship with us, we work with you to ensure success. We do so by offering an exceptionally high level of service and support that is unique in the industry - often at up to half the price of other brands. As you take a closer look at our highly-proven and well-established Country Hearth Inns & Suites, America's Best Inns & Suites, Budgetel Inns & Suites, and 3 Palms Hotels & Resorts hotel franchise brands, it's easy to see why we continue to experience such impressive growth. As a hotel franchisee and business partner, you don't just become part of a corporate structure; you become part of a family. It's a decision you can be 100% confident in, because we are behind you all the way.
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.