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Below is an in-depth analysis and side-by-side comparison of Hampton Inn/Hampton Inn & Suites vs Wyndham Garden including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $7,662,800 - $20,306,500 | $446,776 - $14,378,293 |
Franchise Fee | $75,000 | $39,500 |
Royalty Fee | 6% | 5% |
Advertising Fee | 4% | 3% |
Year Founded | 1983 | 1996 |
Year Franchised | 1984 | 1996 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | Same as initial 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/Yes | Yes/- |
Start-up Costs | No/Yes | Yes/- |
Equipment | No/Yes | -/Yes |
Inventory | No/Yes | Yes/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/Yes |
Training & Support |
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Training | - | On-The-Job Training: Up to 30 hours Classroom Training: 38-70 hours |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, 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, Ad slicks, National media, Regional advertising | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations |
Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |