Days Inns Worldwide vs Le Meridien Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Days Inns Worldwide vs Le Meridien including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Days Inns Worldwide Franchise
Le Meridien Franchise
Investment $231,156 - $5,794,510$61,886,490 - $96,761,490
Franchise Fee $35,000 - $38,000N/A
Royalty Fee 5.5%-
Advertising Fee 3.8%-
Year Founded 19701997
Year Franchised 19722005
Term Of Agreement 15-20 years-
Term Of Agreement 15-20 years-
Renewal Fee --


Business Experience Requirements
 
Days Inns Worldwide Franchise
Le Meridien Franchise
Experience --

Financing Options
 
Days Inns Worldwide Franchise
Le Meridien 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
 
Days Inns Worldwide Franchise
Le Meridien Franchise
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
 
Days Inns Worldwide Franchise
Le Meridien Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion YesYes

Company Overviews

About Days Inns Worldwide

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.

Days Inn ® is a main worldwide brand in the economy portion with more visitor rooms than some other economy mark on the planet with more than 1,850 properties around the world. Under its "Best Value under the Sun" advertise situating, Days Inn inns offer esteem cognizant shoppers free fast Internet and most lodgings offer free Daybreak breakfast. Numerous lodgings likewise have eateries, pools and meeting rooms.

."Top     "Entrepreneur
"franchiserankingscom"
#47 on Franchise Rankings.com
#91 in Canada's Top franchises.
#201 in Franchise 500 for 2020.
#282 in Franchise 500 for 2021.



About Le Meridien

"Le

Le Méridien, the Paris-born hotel brand currently represented by nearly 100 properties in more than 40 countries, was acquired by Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) in November 2005. With more than 80 of its properties located in Europe, Africa, the Middle East, and Asia-Pacific, Le Méridien provided a strong international complement to Starwood’s then primarily North American holdings at the time of purchase. Since then, Le Méridien has gone through a brand re-launch, which included a large scale hotels product consolidation as well as redefining its brand strategy. Through creation of the LM100 artist community, Le Méridien has transformed numerous guest touch points, thus bringing unique, interactive and curated experiences to its guests. Plans call for dynamic expansion of Le Méridien Hotels and Resorts , concentrating on markets in Asia-Pacific and the Americas.

The total investment necessary to begin operation of a newly-constructed Le Méridien hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $61,886,490 to $96,761,490 for a 250-guestroom hotel. This includes approximately $317,000 to
$399,000 that must be paid to the franchisor or an affiliate.