Ramada Worldwide vs GUESTHOUSE Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Ramada Worldwide vs GUESTHOUSE including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$220,731 - $9,291,313 | $118,000 - $1,918,500 |
Franchise Fee |
$35,000 | $15,000 |
Royalty Fee |
4.5% | 3%year1, 3.5%thereafter |
Advertising Fee |
4% | 1.5% |
Year Founded |
1954 | 1987 |
Year Franchised |
1990 | 1987 |
Term Of Agreement |
15-20 years | 10 years, 5 years thereafter |
Term Of Agreement |
15-20 years | 10 years, 5 years thereafter |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | -/- |
Start-up Costs |
Yes/No | -/- |
Equipment |
Yes/No | -/- |
Inventory |
Yes/No | -/- |
Receivables |
Yes/No | -/- |
Payroll |
Yes/No | -/- |
Training & Support |
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 |
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.
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.
The total investment necessary to begin operation of a Ramada franchise
for a new construction project ranges from the low end of $6,536,015 for
a 100 room Ramada facility to the high end of $15,007,666 for a 150
room Ramada Plaza facility.
The total investment necessary to begin
operation of a Ramada franchise if you already own a facility typically
ranges from the low end of $220,731 for a 100 room Ramada facility to
the high end of $6,884,239 for a 150 room Ramada Plaza facility. Land
acquisition costs are not included in these ranges. The above amounts
include a range of $43,900 to $89,225 that must be paid to the
franchisor or an affiliate.
#276 in Franchise 500 for 2020.
#368 in Franchise 500 for 2021.
About GUESTHOUSE
GuestHouse International Inns Hotels and Suites evolved from the first
GuestHouse Inn & Suites in Little Rock AR in 1987 to become a leading mid-market brand with 70+ properties across America and China.
GuestHouse International's most popular standard amenities include complimentary continental breakfast, freshly baked Belgian waffles, 25" remote-controlled TV's with free sports, movie and all news channels, data ports, In-room coffeemakers, free parking, and high speed internet access.
The
GuestHouse International franchise support system is one of the best in the industry. Franchise Service Managers provide support from initial opening to front desk training to outside sales assistance. Our Brand Assurance team helps property managers maintain the highest possible standards to ensure guest satisfaction and increase success. InnLink Central Reservation Systems (located in
GuestHouse Int'l corporate headquarters) delivers GDS, voice and branded reservation services at
www.guesthouseintl.com.
Guest House International franchise agreements reward success and a true working relationship between owner and franchisor.
In December 2006,
GuestHouse International was purchased by Settle Inn LLC. In 2005 Settle Inn LLC, working with the AAFD, developed a franchise agreement that has been awarded the most franchise friendly contract in the lodging industry. As with Settle Inn LLC,
GuestHouse International is committed to delivering exceptional service to our franchisees.
The total investment necessary to convert an existing hotel into a
70-room GuestHouse Extended Stay Hotel is $118,000 to $1,918,500. This
estimate includes $21,000 to $22,000 that must be paid to the
franchisor.
The total investment necessary for a newly constructed
70-room GuestHouse Extended Stay Hotel is $3,765,500 to $7,369,000, excluding the cost of
purchasing or leasing land or any real estate taxes. This estimate
includes $21,000 that must be paid to the franchisor.