Howard Johnson vs TRYP by Wyndham Franchise Comparison

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

Start-Up Costs and Fees
 
Howard Johnson Franchise
TRYP by Wyndham Franchise
Investment $336,552 - $9,898,595$15,120,019 - $23,614,755
Franchise Fee $35,000 - $38,000$39,500
Royalty Fee 4.5%5%
Advertising Fee 4%4%
Year Founded 19251975
Year Franchised 19542011
Term Of Agreement 15-20 years15-20 YEARS
Term Of Agreement 15-20 years15-20 YEARS
Renewal Fee -Negotiable, renewable


Business Experience Requirements
 
Howard Johnson Franchise
TRYP by Wyndham Franchise
Experience --

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

Training & Support
 
Howard Johnson Franchise
TRYP by Wyndham Franchise
Training Regional workshops 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, National media, Regional advertisingCo-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.

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Expansion Plans
 
Howard Johnson Franchise
TRYP by Wyndham Franchise
US Expansion -Yes
Canada Expansion NoNo
International Expansion YesYes

Company Overviews

About Howard Johnson

With an advance of $500, Howard Dearing Johnson obtained a little patent drug shop in Quincy, Massachusetts, in 1925. He utilized an antiquated, hand-wrenched cooler in the store's storm cellar to make vanilla, chocolate and strawberry frozen yogurt for the shop's pop wellspring. After three years, with menu increases like franks and ground sirloin sandwiches, he opened the primary Howard Johnson's Restaurant. By 1935, there were 25 Howard Johnson frozen yogurt and sandwich remains in Massachusetts. After five years, with more than 100 eateries on the Atlantic Coast, Johnson opened the main road eatery on the Pennsylvania Turnpike. In 1954, when the organization worked 400 eateries, the primary Howard Johnson lodging opened in Savannah, Georgia. After Johnson's child assumed control over the organization in 1959, it was in this way procured by three unique organizations before Cendant Corp. purchased the inn network in 1990. Howard Johnson Int'l. establishments offer mid-evaluated holding up at Howard Johnson Plaza Hotels, Howard Johnson Hotels, Howard Johnson Inns and Howard Johnson Express Inns. Youngsters remain free at Howard Johnson, and Road Rally and AARP offer senior rebates at the lodgings.

The total investment necessary to begin operation of a Howard Johnson franchise for a 100 room new construction facility ranges from $5,393,268 to $9,898,595.
The total investment necessary to begin operation of a Howard Johnson franchise for a 100 room conversion facility ranges from $336,552 to $2,967,018.
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.

#289 in Franchise 500 for 2020.

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.