Ramada Worldwide vs TRYP by Wyndham Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Ramada Worldwide vs TRYP by Wyndham including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Ramada Worldwide Franchise
TRYP by Wyndham Franchise
Investment $220,731 - $9,291,313$15,120,019 - $23,614,755
Franchise Fee $35,000$39,500
Royalty Fee 4.5%5%
Advertising Fee 4%4%
Year Founded 19541975
Year Franchised 19902011
Term Of Agreement 15-20 years15-20 YEARS
Term Of Agreement 15-20 years15-20 YEARS
Renewal Fee -Negotiable, renewable


Business Experience Requirements
 
Ramada Worldwide Franchise
TRYP by Wyndham Franchise
Experience --

Financing Options
 
Ramada Worldwide Franchise
TRYP by Wyndham Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/NoYes/Yes
Start-up Costs Yes/NoYes/Yes
Equipment Yes/No-/Yes
Inventory Yes/NoYes/-
Receivables Yes/No-/-
Payroll Yes/No-/-

Training & Support
 
Ramada Worldwide Franchise
TRYP by Wyndham Franchise
Training Regional workshops On-The-Job Training: 3-4 days Classroom Training: 4 days
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluationsNewsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
Marketing Co-op advertising, Ad slicks, National media, Regional advertisingCo-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations

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

Absentee ownership of franchise is allowed.

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Expansion Plans
 
Ramada Worldwide Franchise
TRYP by Wyndham Franchise
US Expansion -Yes
Canada Expansion NoNo
International Expansion YesYes

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 TRYP by Wyndham

TRYP by Wyndham® is a select-benefit inn mark that as of now has more than 90 properties in the absolute most dynamic and cosmopolitan urban communities in Europe and South America and will soon be making its introduction in North America. TRYP lodgings take into account both business and relaxation voyagers who esteem personal satisfaction with expert greatness, and offer a novel affair that urges visitors to appreciate the city, mingle and live without limitations.

Begin!

Building a solid, gainful business takes assets. As a component of the Wyndham family, you get them. Select access to world-class improvement bolster administrations - Design, Development and Sourcing.

As one of the world's biggest cordiality organizations, Wyndham Worldwide offers explorers around the world, and in addition lodging speculators, designers, and administrators, a wide suite of friendliness items and administrations crosswise over different convenience choices and value ranges. We have manufactured a critical nearness in real cordiality showcases in the United States and all through the world.

We establishment inns in the upper upscale through economy fragments of the cabin business and give property administration administrations to upscale properties through Wyndham Hotel Management.