Wyndham Hotels & Resorts vs Value Place Franchise Comparison

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

Start-Up Costs and Fees

 
Wyndham Hotels & Resorts Franchise
Value Place Franchise
Investment $42,112,580 - $69,188,897$5,035,000 - $7,031,000
Franchise Fee $54,500$5,000
Royalty Fee 5%5%
Advertising Fee 3%-
Year Founded 19812003
Year Franchised 19962004
Term Of Agreement 15-20 YEARS20 years
Term Of Agreement 15-20 YEARS20 years
Renewal Fee Negotiable, renewable50% of current fran. fee


Business Experience Requirements

 
Wyndham Hotels & Resorts Franchise
Value Place Franchise
Experience --

Financing Options

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

Training & Support

 
Wyndham Hotels & Resorts Franchise
Value Place Franchise
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 Franchisee Intranet Platform -
Marketing Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app-
Operations Absentee Ownership Allowed Number of Employees Required to Run: 10 - 15 -

Expansion Plans

 
Wyndham Hotels & Resorts Franchise
Value Place Franchise
US Expansion --
Canada Expansion NoNo
International Expansion NoNo

Company Overviews

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.



About Value Place

Convenient Options for Temporary Housing

Enjoy the convenience of fully furnished suites and amenities that help you feel at home. Whether you’re traveling for work, moving to a new city, visiting family, remodeling you home, or you just need a place to stay for a while, we’re here for you. With nearly 300 locations across the country - and new hotels opening this year - it’s easy to find the WoodSpring Suites hotel that meets your needs.

How to Save Even More With Our Monthly Pre-Paid Rates

  • Search for your destination on WoodSpring.com with a date range of 28+ nights.
  • Look for our exclusive "Stay Longer and Save” rates.
  • Pre-pay for the first 28 nights of your stay when you check in, then pay every 28-nights for the rest of your stay.
  • The price you see, plus taxes and fees, is the price you’ll pay. The rate you see is the discounted rate for your 28+ night stay.

Planning a shorter visit? Check out our affordable weekly rates.