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Below is an in-depth analysis and side-by-side comparison of Days Inns Worldwide vs Starwood Hotels & Resorts including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $231,156 - $5,794,510 | $5,000,000 |
Franchise Fee | $35,000 - $38,000 | N/A |
Royalty Fee | 5.5% | - |
Advertising Fee | 3.8% | - |
Year Founded | 1970 | 1998 |
Year Franchised | 1972 | 1998 |
Term Of Agreement | 15-20 years | - |
Term Of Agreement | 15-20 years | - |
Renewal 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/No | -/- |
Start-up Costs | Yes/No | -/- |
Equipment | Yes/No | -/- |
Inventory | Yes/No | -/- |
Receivables | Yes/No | -/- |
Payroll | Yes/No | -/- |
Training & Support |
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Training | Regional workshops | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, National media, Regional advertising | - |
Operations |
International franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Cecil B. Day opened his first lodging in Tybee Island, Georgia, in 1970. From that point forward, Days Inns Worldwide has developed into a system of about 2,000 diversified inns all through the U.S. what's more, around the world, including a few inns that offer free breakfast and permit pets in select rooms.
Days Inn Worldwide is a piece of the Wyndham Worldwide group of lodgings which additionally incorporates Baymont Inns and Suites, Hawthorn Suites, Howard Johnson Int'l., Knights Franchise Systems, Microtel Inns and Suites, Ramada Worldwide, Super 8, Travelodge Hotels, Wingate by Wyndham, and Wyndham Hotels and Resorts.
Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with more than 1,270 properties in some 100 countries and over 180,000 employees at its owned and managed properties. Starwood is a fully integrated owner, operator and franchisor of hotels, resorts and residences under the renowned brands: St. Regis®, The Luxury Collection®, W®, Westin®, Le Méridien®, Sheraton®, Tribute Portfolio™, Four Points® by Sheraton, Aloft®, Element®, along with an expanded partnership with Design Hotels™. The Company also boasts one of the industry’s leading loyalty programs, Starwood Preferred Guest (SPG®).