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Updated RecentlyWyndham Hotels & Resorts Franchise
Hotels
Wyndham Hotels and Resorts is an upscale full-benefit inn network with areas in business and get-away goals around the world. Inn pleasantries incorporate meeting spaces, eateries, business and wellness focuses. Resort areas offer golf, tennis, shorelines and spas. Wyndham Hotels and Resorts is a piece of Wyndham Worldwide, which spun off from Cendant Corporation in 2006.
As one of the world's biggest friendliness organizations, Wyndham Worldwide offers explorers around the world, and in addition inn financial specialists, engineers, and administrators, a wide suite of cordiality items and administrations crosswise over different settlement options and value ranges. We have manufactured a critical nearness in real friendliness showcases in the United States and all through the world.
typically ranges from $42,112,580 to $69,188,897 for a new construction
project and from $1,439,745 to $29,392,990 for a conversion hotel. Land
acquisition costs are not included in these ranges. The above amounts
include a range of $180,085 to $189,035 that must be paid to the
franchisor or an affiliate.
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How much does it cost to open a Wyndham Hotels & Resorts Franchise?
The investment required to open a Wyndham Hotels & Resorts Franchise is between $42,112,580-$69,188,897. There is an initial franchise fee of $54,500 which grants you the license to run a business under the Wyndham Hotels & Resorts name.
Individual Unit Costs
- Initial Investment:
$42,112,580-$69,188,897 - Initial Franchise Fee:
$54,500 - Royalty Fee:
5% - Advertising Fee:
3% - Term of Agreement:
15-20 YEARS - Renewal Fee:
Negotiable, renewable
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Wyndham Hotels & Resorts News & Press Releases
When did Wyndham Hotels & Resorts start Franchising? 1996
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | Yes |
| Payroll | No | Yes |
Training
On-The-Job Training: 3-4 days
Classroom Training: 4 days
Additional Training: Regional workshops
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
Absentee Ownership Allowed Number of Employees Required to Run: 10 - 15
To calculate how much income a franchise owner can do at Wyndham Hotels & Resorts Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
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- Dolce by Wyndham
- Hawthorn Suites
- Howard Johnson
- Microtel Inns & Suites
- Ramada Worldwide
- Super 8
- The Registry Collection Hotels
- Trademark Collection Hotel
- Travelodge Hotels
- TRYP by Wyndham
- Wingate by Wyndham
- Wyndham Garden
- Wyndham Grand
Listing Tags
Legal Disclaimer: This information is not a franchise offering for Wyndham Hotels & Resorts 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 Wyndham Hotels & Resorts franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Wyndham Hotels & Resorts
22 Sylvan Way
Parsippany,
NJ
07054