Baymont by Wyndham vs Econo Lodge Franchise Comparison

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

Start-Up Costs and Fees

 
Baymont by Wyndham Franchise
Econo Lodge Franchise
Investment $214,523 - $7,155,641$208,275 - $938,645
Franchise Fee $26,000 - $29,000$25,000
Royalty Fee 5%4.5%
Advertising Fee 3.5%3.5%
Year Founded 1973-
Year Franchised 1986-
Term Of Agreement 20 years20 years
Term Of Agreement 20 years20 years
Renewal Fee --


Business Experience Requirements

 
Baymont by Wyndham Franchise
Econo Lodge Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Baymont by Wyndham Franchise
    Econo Lodge Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/No-/-
    Start-up Costs Yes/Yes-/-
    Equipment No/Yes-/-
    Inventory Yes/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Baymont by Wyndham Franchise
    Econo Lodge Franchise
    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 Franchisee Intranet Platform-
    Marketing Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
    Operations 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

     
    Baymont by Wyndham Franchise
    Econo Lodge Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    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

    Established in 1973, Baymont Inns and Suites gives hotel to business and relaxation voyagers over the United States. Every area highlights in-room work areas, pay-per-see motion pictures and computer games, free breakfast, and nonsmoking and disabled open rooms. Baymont Inns and Suites additionally offer gathering rooms, fax administration and PC information ports.

    "Entrepreneur

    #104 in Franchise 500 for 2020.
    #220 in Franchise 500 for 2021.


    About Econo Lodge

    Econo Lodge hotels provide a great stay and a great value for business and leisure travelers. Free wireless hotspots Complimentary Breakfast by Econo Lodge Free USA Today weekdays.

    The total investment necessary to convert an existing hotel and begin operation of a 63-room ECONO LODGE hotel franchise is between $208,275 and $938,645. This includes an affiliation fee of $250 per room for new franchises, $500 per room for transfers and renewals ($25,000 minimum for new franchises, $30,000 for transfers and renewals); a brand activation fee of approximately $8,000 to $17,000; and orientation and hospitality training fees of between $0 and $3,145 per person, all of which are paid to the Franchisor or its affiliates. These sums do not include the cost of any real estate taxes.