Wingate by Wyndham vs WaterWalk Hotels and Apartments Franchise Comparison

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

Start-Up Costs and Fees
 
Wingate by Wyndham Franchise
WaterWalk Hotels and Apartments Franchise
Investment $375,465 - $10,816,446$19,960,000 - $25,430,000
Franchise Fee $36,000 - $40,500$50,000
Royalty Fee 4.5%-
Advertising Fee 4%-
Year Founded 19952014
Year Franchised 19952014
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements
 
Wingate by Wyndham Franchise
WaterWalk Hotels and Apartments Franchise
Experience --

Financing Options
 
Wingate by Wyndham Franchise
WaterWalk Hotels and Apartments Franchise
  In-House/3rd PartyIn-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
 
Wingate by Wyndham Franchise
WaterWalk Hotels and Apartments Franchise
Training Regional workshops-
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives-
Marketing Co-op advertising, National media, Regional advertising-
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
 
Wingate by Wyndham Franchise
WaterWalk Hotels and Apartments Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion 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.

*Based on number of taking an interest lodgings.

"Entrepreneur
#402 in Franchise 500 for 2020.


About WaterWalk Hotels and Apartments

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WaterWalk offers both well-appointed hotel suites and all-inclusive apartments. Stay a few days or settle in for a while.
We do hospitality right. Every time.

The total investment necessary to begin operation of a WaterWalk Property ranges from $19,960,000 to $25,430,000. This includes the initial fees owed to  WaterWalk varying from between $137,000 and $647,500 that must be paid to WaterWalk or its affiliates when the Property has no more than 153 units. If the Property will have more than 153 units, the payment to  WaterWalk and its affiliates and the total investment is increased by $375 per each additional unit.