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Updated RecentlyRamada Worldwide vs Vagabond Inns Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Ramada Worldwide vs Vagabond Inns including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $220,731 - $9,291,313 | $2,800,000 - $5,800,000 |
| Franchise Fee | $35,000 | $20,000 |
| Royalty Fee | 4.5% | 2.5% |
| Advertising Fee | 4% | - |
| Year Founded | 1954 | 1958 |
| Year Franchised | 1990 | 2000 |
| Term Of Agreement | 15-20 years | 20 years |
| Term Of Agreement | 15-20 years | 20 years |
| 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 | No/No | No/No |
| Start-up Costs | Yes/No | No/No |
| Equipment | Yes/No | No/No |
| Inventory | Yes/No | No/No |
| Receivables | Yes/No | No/No |
| Payroll | Yes/No | No/No |
Training & Support |
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| 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 | - |
| Operations |
Number of employees needed to run franchised unit: 10 - 15
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
Company Overviews
About Ramada Worldwide
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 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.
About Vagabond Inns
Golden Opportunity in the Golden State
We welcome the opportunity to discuss with you the advantages of becoming part of Vagabond Inn.
Vagabond Inn offers 50 years of brand identity as well as industry leading technology that allows you to maximize your revenue.
Based in Los Angeles, California, Vagabond Inn Corporation operates and provides franchise services to more than 40 hotels throughout the U.S. West Coast.
Vagabond Inn is also an approved member of the Franchise Registry which provides improved financing for future and existing Vagabond Inn franchises.