Ramada Worldwide Franchise

Hotel chain


In 1954 a group of investors opened an inn in Flagstaff, Arizona, the first in a series of motor hotels to be opened by the group. Five years later, the chain was named Ramada, meaning 'a shaded resting place' in Spanish. Today Ramada, which has been owned by Cendant Corp. since 1997, operates hotels throughout the United States. The company is comprised of three segments, Ramada Inns, Ramada Limiteds and Ramada Plaza Hotels, serving value-conscious and mid-market travelers.

Ramada Worldwide Inc. is a Delaware company, a backup of Wyndham Hotel Group, LLC, which is possessed by Wyndham Worldwide Corporation. They claim the exclusive Ramada System, giving transient visitor lodging administrations to the general population, including certain exchange names, benefit marks and other business images. They offer, offer, and bolster establishments for Ramada Chain visitor lodging offices.

Establishment Offer: Qualified people are offered an establishment to work a Ramada Chain visitor lodging office at a solitary, characterized area. There are two distinct sorts of offices:

1) A "Ramada" office offers agreeable alluring lodging at mid to upper mid-advertise rates in many markets, and has around 100 visitor rooms. A Ramada Facility highlights either a cordiality range with both relaxation seating and breakfast seating and administration territories and also a "Ramada Convenience Mart", or a full administration eatery and mixed drink relax. Ramada Facilities additionally have meeting rooms, ringer benefit upon demand, complimentary rapid web get to, clothing/valet benefit, a swimming pool and a wellness office.

2) A "Ramada Plaza Hotel" office is an inside hall structure of no less than four stories. It by and large has no less than 150 visitor rooms, maybe a couple eateries, meal and meeting offices pleasing no less than 100 individuals, a mixed drink relax, a board room, swimming pool and practice offices, a business focus, a sundry shop, and chime, valet and room administrations.



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Please Note: The operators of Ramada Worldwide, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Ramada Worldwide website.

How much does it cost to open a Ramada Worldwide Franchise?

The investment required to open a Ramada Worldwide Franchise is between $191,998-$12,886,405. There is an initial franchise fee of $35,000 which grants you the license to run a business under the Ramada Worldwide name.

Individual Unit Costs

  • Initial Investment:
    $191,998-$12,886,405
  • Initial Franchise Fee:
    $35,000
  • Royalty Fee:
    4.5%
  • Advertising Fee:
    N/A
  • Term of Agreement:
    15-20 years


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Ramada Worldwide Ranks #122 On Franchise 500 List
Franchise Ranking History Franchise 500®: #122 (2014), #111 (2013), #100 (2012), #83 (2011), #120 (2010), America's Top Global: #78 (2013), #83 (2012), #70 (2011), #96 (2010)...

Ramada Plans Two New Hotels In Chongqing, China
Wyndham Hotel Group's second largest brand in China, Ramada Worldwide, has announced plans to increase its presence in China with the development of two new hotels in Chongqing. Namely the 255-key Ramada Plaza Dazu and the 250-key Ramada Plaza Hechuan. These two hotels are developed under franchi...

Wyndham Hotel Group Announces Ramada Encore Deal For South Korea
Wyndham Hotel Group today announced an exclusive agreement with a South Korean company to develop 20 Ramada® Encore hotels in that country during the next six years, nearly tripling the brand's presence there. AT Hotels Management, based in Seoul, South Korea, will develop and manage the hotels, ...

Ramada Service Culture, Global Awareness Campaign Stress Positive Experience
Ramada Worldwide leaders this week announced efforts to bolster the chain's position as a global brand through its first coordinated international advertising campaign and launch of a service culture that stresses a positive guest experience. Attendees at the Ramada conference here learned that...

23-year-old Eater Sets World Record, Clinches Triprewards Championship
Setting a new world's record, 23-year-old Joey "Jaws" Chestnut of San Jose, Calif., today was crowned TripRewards Ultimate Hot Wing Eating Champion for consuming 7.05 pounds of hot wings in 12 minutes, his 31st championship. The event kicked-off the TripRewards Mystery Hot Spot promotion from t...

Ramada Worldwide News & Press Releases

When did the first Ramada Worldwide open? 1954
When did Ramada Worldwide start Franchising? 1990

Year U.S.A. Canada International Corporate
2005 741 69 194 0
2004 822 71 0 0
2003 871 71 0 0
2002 955 0 0 0
2001 988 0 0 0
Expense In-House Third Party
Franchise Fee No No
Startup Costs Yes No
Equipment Yes No
Inventory Yes No
Accounts Receivable Yes No
Payroll Yes No

Training
Regional workshops

Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations

Marketing
Co-op advertising, Ad slicks, National media, Regional advertising

Number of employees needed to run franchised unit: 10 - 15

Absentee ownership of franchise is allowed.

Your income potential as a Ramada Worldwide Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your operation costs and increasing the quality of your products and or services. Each month your operating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the next, you may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.

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Ramada Worldwide Franchise Opportunity viewed 17198 times by investors.

Legal Disclaimer: This information is not a franchise offering for Ramada Worldwide and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Ramada Worldwide franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.

Ramada Worldwide

Ramada Worldwide

Ramada Worldwide
1 Sylvan Wy.
Parsippany, NJ
07054

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