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Updated RecentlyWingate by Wyndham vs TRYP by Wyndham Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Wingate by Wyndham vs TRYP 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 | $375,465 - $10,816,446 | $15,120,019 - $23,614,755 |
| Franchise Fee | $36,000 - $40,500 | $39,500 |
| Royalty Fee | 4.5% | 5% |
| Advertising Fee | 4% | 4% |
| Year Founded | 1995 | 1975 |
| Year Franchised | 1995 | 2011 |
| Term Of Agreement | 20 years | 15-20 YEARS |
| Term Of Agreement | 20 years | 15-20 YEARS |
| Renewal Fee | - | Negotiable, renewable |
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 | Yes/Yes |
| Start-up Costs | Yes/No | Yes/Yes |
| Equipment | Yes/No | -/Yes |
| Inventory | Yes/No | Yes/- |
| Receivables | Yes/No | -/- |
| Payroll | Yes/No | -/- |
Training & Support |
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| Training | Regional workshops | On-The-Job Training: 3-4 days Classroom Training: 4 days |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | 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 | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations |
International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 - 20
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
Company Overviews
About Wingate by Wyndham
Wingate by Wyndham is the brand that is "Worked For Business". The brand propelled an all-new development inn network in 1996 to offer luxuries and administrations that make life out and about more beneficial. Comprehensive valuing supported by the Wingate by Wyndham 100% Satisfaction Guarantee separates our inn from different chains. Visitors can expect rooms outlined absolutely around their business needs with home-like luxuries from time to time found in mid-advertise properties. Our inn administrators have observed the brand to be a strong speculation with much more open door as the chain grows every year. Our determined duty to detail guarantees that Wingate by Wyndham will be the business voyager's decision for first and rehash remains. Our key development arrange concentrates on focus city activities and energizes advancement in prominent corporate markets. As a Wingate by Wyndham franchisee, you'll access our cutting edge focal reservations framework, broad, exhaustive preparing, an unrivaled visitor fulfillment following instrument and a committed, trustworthy bolster staff. You'll likewise receive the rewards of taking an interest in Wyndham Rewards, the world's biggest lodging rewards program* and along our engaged national promoting endeavors.
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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.