Suburban vs TRYP by Wyndham Franchise Comparison

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

Start-Up Costs and Fees

 
Suburban Franchise
TRYP by Wyndham Franchise
Investment $149,175 - $8,513,044$15,120,019 - $23,614,755
Franchise Fee $30,000$39,500
Royalty Fee 4%5%
Advertising Fee -4%
Year Founded 19861975
Year Franchised 19892011
Term Of Agreement 10 years15-20 YEARS
Term Of Agreement 10 years15-20 YEARS
Renewal Fee $30K or $225/roomNegotiable, renewable


Business Experience Requirements

 
Suburban Franchise
TRYP by Wyndham Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Suburban Franchise
    TRYP by Wyndham Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoYes/Yes
    Start-up Costs No/NoYes/Yes
    Equipment No/No-/Yes
    Inventory No/NoYes/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Suburban Franchise
    TRYP by Wyndham Franchise
    Training - On-The-Job Training: 3-4 days Classroom Training: 4 days
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesNewsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, Regional advertisingCo-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations 80% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 6 - 10

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Suburban Franchise
    TRYP by Wyndham Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion NoYes

    Company Overviews

    About Suburban

    Suburban Extended Stay Hotel is Choice Hotels International's economy brand in one of the most desirable hotel segments today-extended stay. Suburban provides a simple solution for longer-term housing that's as pleasant as it is affordable. Value-conscious guests looking to stay for a day, a week, a month or longer enjoy just the right hotel amenities including well-equipped kitchens in all the rooms, weekly housekeeping, guest laundry, free cable TV and high speed Internet service. The flexible floor plan concept allows for conversions, easily adopting local market-driven design, guest room mix and suitable extended stay guest room features, along with an optional fitness center, meeting space or swimming pool.

    In 2015, Suburban brand hotels received an average of 63.6% of gross room revenue through the Choice Hotels Central Reservations System (CRS) and other Choice Hotels marketing channels.

    Suburban Extended Stay Hotel franchise is supported by a nationwide team of Area Directors (AD's) who provide local market assessments, pricing and rate structure support, and operational training. Dedicated, Extended Stay sales training provides the skills necessary to compete effectively in the local market. This support makes sure your hotel adheres to the extended stay business model for optimal performance.

    About TRYP by Wyndham

    TRYP by Wyndham® is a select-benefit inn mark that as of now has more than 90 properties in the absolute most dynamic and cosmopolitan urban communities in Europe and South America and will soon be making its introduction in North America. TRYP lodgings take into account both business and relaxation voyagers who esteem personal satisfaction with expert greatness, and offer a novel affair that urges visitors to appreciate the city, mingle and live without limitations.

    Begin!

    Building a solid, gainful business takes assets. As a component of the Wyndham family, you get them. Select access to world-class improvement bolster administrations - Design, Development and Sourcing.

    As one of the world's biggest cordiality organizations, Wyndham Worldwide offers explorers around the world, and in addition lodging speculators, designers, and administrators, a wide suite of friendliness items and administrations crosswise over different convenience choices and value ranges. We have manufactured a critical nearness in real cordiality showcases in the United States and all through the world.

    We establishment inns in the upper upscale through economy fragments of the cabin business and give property administration administrations to upscale properties through Wyndham Hotel Management.