Travelodge Hotels vs Wyndham Hotels & Resorts Franchise Comparison

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

Start-Up Costs and Fees

 
Travelodge Hotels Franchise
Wyndham Hotels & Resorts Franchise
Investment $184,960 - $8,424,593$42,112,580 - $69,188,897
Franchise Fee $35,000 - $38,000$54,500
Royalty Fee 4.5%5%
Advertising Fee 4%3%
Year Founded 19391981
Year Franchised 19661996
Term Of Agreement 15 years15-20 YEARS
Term Of Agreement 15 years15-20 YEARS
Renewal Fee -Negotiable, renewable


Business Experience Requirements

 
Travelodge Hotels Franchise
Wyndham Hotels & Resorts Franchise
Experience --

Financing Options

 
Travelodge Hotels Franchise
Wyndham Hotels & Resorts Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/NoNo/Yes
Start-up Costs Yes/NoNo/Yes
Equipment No/YesNo/Yes
Inventory Yes/YesNo/Yes
Receivables No/NoNo/Yes
Payroll No/NoNo/Yes

Training & Support

 
Travelodge Hotels Franchise
Wyndham Hotels & Resorts Franchise
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
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.

Absentee Ownership Allowed Number of Employees Required to Run: 10 - 15

Expansion Plans

 
Travelodge Hotels Franchise
Wyndham Hotels & Resorts Franchise
US Expansion Yes-
Canada Expansion YesNo
International Expansion YesNo

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

*Based on the quantity of partaking properties.

The total investment necessary to begin operation of a Travelodge franchise for a 100 room new construction facility ranges from $5,008,753 to $8,424,593.
The total investment necessary to begin operation of a Travelodge franchise for a 100 room conversion facility ranges from $184,960 to
$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 Wyndham Hotels & Resorts

Wyndham Hotels and Resorts is an upscale full-benefit inn network with areas in business and get-away goals around the world. Inn pleasantries incorporate meeting spaces, eateries, business and wellness focuses. Resort areas offer golf, tennis, shorelines and spas. Wyndham Hotels and Resorts is a piece of Wyndham Worldwide, which spun off from Cendant Corporation in 2006.

As one of the world's biggest friendliness organizations, Wyndham Worldwide offers explorers around the world, and in addition inn financial specialists, engineers, and administrators, a wide suite of cordiality items and administrations crosswise over different settlement options and value ranges. We have manufactured a critical nearness in real friendliness showcases in the United States and all through the world.

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

The total investment necessary to begin operation of a 301 room hotel typically ranges from $42,112,580 to $69,188,897 for a new construction project and from $1,439,745 to $29,392,990 for a conversion hotel. Land acquisition costs are not included in these ranges. The above amounts include a range of $180,085 to $189,035 that must be paid to the franchisor or an affiliate.

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#298 in Franchise 500 for 2020.

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#428 in Franchise 500 for 2020.