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Updated RecentlyHomeTowne Studios vs Wyndham Grand Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of HomeTowne Studios vs Wyndham Grand including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $345,500 - $1,238,500 | $446,776 - $14,378,293 |
| Franchise Fee | $30,000 | $39,500 |
| Royalty Fee | 3% | 5% |
| Advertising Fee | - | 3% |
| Year Founded | 2017 | 2017 |
| Year Franchised | 2017 | 2017 |
| 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 | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | No | - |
Company Overviews
About HomeTowne Studios
![""]("https://fddexchange.com/wp-content/uploads/2021/01/HomeTowne-Studios-by-Red-Roof.jpg")
HomeTowne Studios by Red Roof is an extended stay hotel with flexible daily, weekly, and monthly rate options.
• Fully Furnished Rooms
• Kitchen
• Full Sized Refrigerator
• Microwave
• 2-Burner Stove Top
• Kitchen Table with Chairs
• Weekly House Keeping
• On-site Laundry
• Free High-Speed WiFi
• HD Flat Screen TV
• Extended Cable Package
• Free Domestic Phone Service
• All Inclusive Pricing - No Utility Bills!
• Rate Options: Daily, Weekly, Monthly
The total investment necessary to begin operation of a HomeTowne Studios
by Red Roof or a Home Town Inn lodging franchise for a 65-room
conversion hotel ranges from $345,500 to $1,238,500. These amounts do
not include the costs of land, original construction or acquisition, or
ground or building lease rent for the hotel location but do include the
approximately $56,500 to $62,000 that must be paid to the franchisor or
an affiliate.
About Wyndham Grand
!["Wyndham]("https://fddexchange.com/wp-content/uploads/2020/08/Wyndham-Grand-1-300x44.png")
The franchisee will use the Wyndham Grand® system to establish and
operate an upscale full-service
Wyndham Grand or Wyndham Grand Resort
guest lodging facility.
Featuring premium amenities, sophisticated designs, and an attentive
staff, Wyndham Grand is your gateway to distinctive stays in some of the
world’s most beautiful destinations. We deliver little luxuries - from
handcrafted cocktails made with local ingredients to family experiences
that encourage togetherness - to make every stay a series of unforgettable
moments.