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Below is an in-depth analysis and side-by-side comparison of Hilton Hotels & Resorts vs Baymont by Wyndham including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $30,581,105 - $128,987,095 | $214,523 - $7,155,641 |
Franchise Fee | $75,000 | $26,000 - $29,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | 4% | 3.5% |
Year Founded | 1919 | 1973 |
Year Franchised | 1965 | 1986 |
Term Of Agreement | 10 years | 20 years |
Term Of Agreement | 10 years | 20 years |
Renewal Fee | Same as initial 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/Yes | Yes/No |
Start-up Costs | No/Yes | Yes/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | Yes/Yes |
Receivables | No/Yes | No/No |
Payroll | No/Yes | No/No |
Training & Support |
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Training | On-The-Job Training Classroom Training | On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops, 1-3 days; customized property training, varies with fees |
Support | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
Marketing | Ad Templates National Media SEO Loyalty program/app | Co-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: 150 Absentee ownership of franchise is allowed. |
30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 25
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
Hilton is part of the portfolio of brands at Hilton Worldwide,
which has hotels in more than 90 countries. Other Hilton Worldwide
brands include Waldorf Astoria Hotels & Resorts, Conrad Hotels &
Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hampton by
Hilton, Hilton Garden Inn, Homewood Suites by Hilton, Home2 Suites by
Hilton, Curio - A Collection by Hilton, Canopy by Hilton and Hilton
Grand Vacations.
Some portion of Wyndham Hotel Group, the Baymont Inn and Suites® Inn brand is a chain of 350 midscale inns situated all through the United States offering a variety of complimentary civilities including free Wi-Fi and mainland breakfast at the Baymont Breakfast Corner℠. Numerous areas include swimming pools, wellness focuses, airplane terminal transport benefit and the chance to gain and recover focuses through Wyndham Rewards®, the brand's visitor steadfastness program. Voyagers can join the free program at www.wyndhamrewards.com.
Each Baymont Inn and Suites inn is freely claimed and worked under establishment concurrences with Baymont Franchise Systems, Inc., a backup of Wyndham Hotel Group and parent organization Wyndham Worldwide Corporation (NYSE: WYN). Reservations and data are accessible by going by www.baymontinns.com.
Starting at 2014, Wyndham Hotel Group is the world's biggest and most differing lodging organization, including roughly 7,540 inns and 650,200 rooms in 71 nations