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Updated RecentlyTravelodge Hotels vs Baymont by Wyndham Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Travelodge Hotels vs Baymont 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 | $184,960 - $8,424,593 | $214,523 - $7,155,641 |
| Franchise Fee | $35,000 - $38,000 | $26,000 - $29,000 |
| Royalty Fee | 4.5% | 5% |
| Advertising Fee | 4% | 3.5% |
| Year Founded | 1939 | 1973 |
| Year Franchised | 1966 | 1986 |
| Term Of Agreement | 15 years | 20 years |
| Term Of Agreement | 15 years | 20 years |
| Renewal 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 | Yes/No | Yes/No |
| Start-up Costs | Yes/No | Yes/Yes |
| Equipment | No/Yes | No/Yes |
| Inventory | Yes/Yes | Yes/Yes |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops; customized property training | On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops, 1-3 days; customized property training, varies with fees |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
| Marketing | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations |
International franchisees required to buy multiple units/master licenses; 25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is allowed. |
30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 25
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | Yes | No |
| International Expansion | Yes | Yes |
Company Overviews
About Travelodge Hotels
Building temporary worker Scott King opened his first motel, King's Auto Court in 1935- - so as to welcome visitors going to San Diego's World's Fair. Throughout the following five years, he opened 24 more inns around Southern California. The first under the name Travelodge opened in 1940, and this turned into the name of Scott's organization in 1946. Today Travelodge is a piece of the Wyndham Worldwide gathering of lodging networks.
Known for offering high caliber, agreeable, yet reasonable rooms, Travelodge inns advance to many markets including families, seniors and business voyagers. With about 500 Travelodge areas all through the United States, Canada and Mexico, we keep on expanding our offerings to meet our visitors' differing needs. We offer projects and courtesies including:
* Wyndham Rewards, the world's biggest lodging rewards program*
* Best Available Rate Guarantee, guaranteeing that visitors locate our most minimal rate on the Internet
* Pet Friendly Locations
* Bear Bites complimentary breakfast which incorporates newly blended espresso, squeezed orange, arranged bagels, biscuits or baked goods
* Bear Basics in-room courtesies, our new drain and nectar scented lavatory luxuries
* Free day by day daily papers * In-room espresso
* Pools and/or meeting rooms at numerous areas
* Sleepy Bear Den rooms at numerous areas
$2,281,055. Land acquisition costs are not included in these ranges. The above amounts include a range of $43,600 to $72,925 that must be paid to the franchisor or an affiliate.
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About Baymont by Wyndham
Some portion of Wyndham Hotel Group, the Baymont Inn and Suites® Inn brand is a chain of 350 midscale inns situated all through the United States offering a variety of complimentary civilities including free Wi-Fi and mainland breakfast at the Baymont Breakfast Corner℠. Numerous areas include swimming pools, wellness focuses, airplane terminal transport benefit and the chance to gain and recover focuses through Wyndham Rewards®, the brand's visitor steadfastness program. Voyagers can join the free program at www.wyndhamrewards.com.
Each Baymont Inn and Suites inn is freely claimed and worked under establishment concurrences with Baymont Franchise Systems, Inc., a backup of Wyndham Hotel Group and parent organization Wyndham Worldwide Corporation (NYSE: WYN). Reservations and data are accessible by going by www.baymontinns.com.
Starting at 2014, Wyndham Hotel Group is the world's biggest and most differing lodging organization, including roughly 7,540 inns and 650,200 rooms in 71 nations