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Below is an in-depth analysis and side-by-side comparison of Baymont by Wyndham vs Dolce 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 | $214,523 - $7,155,641 | $743,675 - $22,345,559 |
Franchise Fee | $26,000 - $29,000 | $35,000 - $50,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | 3.5% | - |
Year Founded | 1973 | - |
Year Franchised | 1986 | - |
Term Of Agreement | 20 years | 15-20 YEARS |
Term Of Agreement | 20 years | 15-20 YEARS |
Renewal Fee | - | Negotiable, renewable |
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 | -/- |
Start-up Costs | Yes/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | Yes/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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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 |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
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
Dolce Hotels and Resorts offer motivating situations that unite individuals. From its commencement in 1981, the brand keeps on conveying an excellent gatherings encounter by giving motivating, cordial and attentive situations for individuals to meet and learn. Situated in special goals inside the United States, Canada and Europe, the brand gives network through its offices, outline, design, innovation and a group of devoted experts offering a customized benefit.
Start!
Building a solid, gainful business takes assets. As a feature of the Wyndham family, you get them. Select access to world-class advancement bolster administrations - Design, Development and Sourcing.
As one of the world's biggest neighborliness organizations, Wyndham Worldwide offers explorers around the world, and in addition lodging financial specialists, engineers, and administrators, a wide suite of cordiality items and administrations crosswise over different convenience options and value ranges. We have constructed a critical nearness in real accommodation advertises 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.