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Below is an in-depth analysis and side-by-side comparison of America's Best Inns & Suites vs TRYP by Wyndham including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $109,250 - $5,836,500 | $15,120,019 - $23,614,755 |
Franchise Fee | $15,000 | $39,500 |
Royalty Fee | 17.50 -$22.50/room/mo. | 5% |
Advertising Fee | - | 4% |
Year Founded | 1970 | 1975 |
Year Franchised | 1982 | 2011 |
Term Of Agreement | - | 15-20 YEARS |
Term Of Agreement | - | 15-20 YEARS |
Renewal Fee | 50% of then-current fran. fee | Negotiable, renewable |
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 | Yes/Yes |
Start-up Costs | No/No | Yes/Yes |
Equipment | No/No | -/Yes |
Inventory | No/No | Yes/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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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 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: 6 - 12
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | No | Yes |
America's Best Inns & Suites is a high quality mid-level limited service hotel brand with locations throughout the United States. With 102 hotels open and 5 under development as of September 1, 2004, America's Best Inns & Suites continues to expand around the country. America's Best Inns & Suites is primarily a conversion brand for existing hotel owners looking for a better way to do business. America's Best Inns & Suites offers a solution to independent hotel owners looking for a franchise brand or for current franchise hotel owners looking to reposition their property in the market place. Multi-unit operators disenchanted with the direction of their current brand should also consider America's Best Inns & Suites, subject to the requirements of their existing franchise agreement. US Franchise Systems, franchisor for the brand, is a recognized leader in the hotel industry, with 3 growing hotel brands and a reputation for treating our franchisees fairly. Noted for our strong relationships with and support for our franchisees, US Franchise Systems was founded on the principle that franchisees are our partners and they are in business for themselves, not by themselves.
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.