|
Below is an in-depth analysis and side-by-side comparison of Days Inns Worldwide vs Master Hosts Inns including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $231,156 - $5,794,510 | $133,600 - $2,602,000 |
Franchise Fee | $35,000 - $38,000 | $6,000 - $16,000 |
Royalty Fee | 5.5% | 3% |
Advertising Fee | 3.8% | 2.5% |
Year Founded | 1970 | - |
Year Franchised | 1972 | - |
Term Of Agreement | 15-20 years | - |
Term Of Agreement | 15-20 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
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 |
||
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 | Hospitality International's Marketing Team works in concert with the Franchise Development Team for the purpose of finding new resources to attract new guests and to retain the current guest base of our franchised locations. In addition, the two teams collaborate to discover creative and cost effective ways to promote Hospitality International's five brands to encourage brand recognition and loyalty. Increasing Reservations is a key component of the Marketing Department's responsibility. Therefore, Corporate Discount Programs, Advertising and E-commerce efforts all combine to support and enhance our Reservation Services. |
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 |
||
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.
Master Hosts Inns and Master Hosts Resorts are primarily located in resort or destination locations. They are full service hotels that range from the mid to upper middle price range.