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Updated RecentlyWoodSpring Suites vs Wyndham Garden Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of WoodSpring Suites vs Wyndham Garden including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $5,035,000 - $7,031,000 | $446,776 - $14,378,293 |
| Franchise Fee | $50,000 | $39,500 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 2.5% | 3% |
| Year Founded | 2003 | 1996 |
| Year Franchised | 2004 | 1996 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
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 | -/Yes |
| Inventory | -/Yes | Yes/- |
| Receivables | -/Yes | -/- |
| Payroll | -/Yes | -/Yes |
Training & Support |
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| Training | On-The-Job Training: Upon request Classroom Training: Varies | On-The-Job Training: Up to 30 hours Classroom Training: 38-70 hours |
| Support | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | 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 | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About WoodSpring Suites
WoodSpring® is the fastest growing brand in the economy extended stay segment.
Designed with purpose to offer exactly what the extended stay
guest needs, we’ve stripped away the unnecessary extras and infused
form, function and beauty into what’s left. The result for owners is a
brand that’s tightly optimized to help enable profitability.
- Cost-effective prototype, designed to be built in less than 12 months
- Proven, lean operating model that enables maximum efficiency for owners
- Proprietary vendor relationships and hands-on support enable expedited openings
- Dedicated, extended stay national sales team
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#40 on Franchise Rankings.com
About Wyndham Garden
!["Wyndham]("https://fddexchange.com/wp-content/uploads/2020/09/Wyndham-Garden-300x77.png")
Conveniently situated in key airport and suburban locations, Wyndham
Garden offers thoughtful guest rooms, cozy lounges, and flexible meeting
spaces to make your travels a bit easier.
The franchisee will use the Wyndham Garden® system to establish and
operate an upscale select service Wyndham Garden guest lodging facility.
Strong partnership with our owners, along with one-on-one, personalized support,
is the backbone of our mutual success.