Baymont by Wyndham vs TRYP by Wyndham Franchise Comparison

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

Start-Up Costs and Fees
 
Baymont by Wyndham Franchise
TRYP by Wyndham Franchise
Investment $214,523 - $7,155,641$15,120,019 - $23,614,755
Franchise Fee $26,000 - $29,000$39,500
Royalty Fee 5%5%
Advertising Fee 3.5%4%
Year Founded 19731975
Year Franchised 19862011
Term Of Agreement 20 years15-20 YEARS
Term Of Agreement 20 years15-20 YEARS
Renewal Fee -Negotiable, renewable


Business Experience Requirements
 
Baymont by Wyndham Franchise
TRYP by Wyndham Franchise
Experience
  • General business experience
    		• -

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

    Training & Support
     
    Baymont by Wyndham Franchise
    TRYP by Wyndham 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 On-The-Job Training: 3-4 days Classroom Training: 4 days
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet PlatformNewsletter 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 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
    TRYP by Wyndham Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion YesYes

    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 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.