Wyndham Hotels & Resorts vs Kimpton Hotels & Restaurants Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Wyndham Hotels & Resorts vs Kimpton Hotels & Restaurants including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$42,112,580 - $69,188,897 | $49,789,087 - $70,127,050 |
Franchise Fee |
$54,500 | $75,000 |
Royalty Fee |
5% | 5% |
Advertising Fee |
3% | - |
Year Founded |
1981 | - |
Year Franchised |
1996 | - |
Term Of Agreement |
15-20 YEARS | - |
Term Of Agreement |
15-20 YEARS | - |
Renewal Fee |
Negotiable, renewable | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/Yes | -/- |
Start-up Costs |
No/Yes | -/- |
Equipment |
No/Yes | -/- |
Inventory |
No/Yes | -/- |
Receivables |
No/Yes | -/- |
Payroll |
No/Yes | -/- |
Training & Support |
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 |
US Expansion |
- | Yes |
Canada Expansion |
No | - |
International Expansion |
No | Yes |
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.
#298 in Franchise 500 for 2020.
#428 in Franchise 500 for 2020.
About Kimpton Hotels & Restaurants
At Kimpton, it’s always personal. We focus on what it means to be human and an individual. You’ll quickly learn Kimpton’s not just a hospitality job. Here, you’ll join a mission to make lives better. No biggie.
The real you is a job requirement; your diverse background, talents, and quirks are what help our company connect meaningfully with our guests. You’ll lead your own personal career path while you help make each guest’s journey feel more personal. You won’t just punch a clock and count the hours; you’ll make it count.
That’s why FORTUNE magazine has put Kimpton on its “Best Companies To Work For” list nine times. It’s why we score 100 on the Human Rights Campaign Foundation’s Corporate Equality Index every year. Our guests feel it too - it’s why we’re consistently ranked as a best-loved hospitality company.
Our thriving company culture, numerous hospitality career tracks, and rich benefits and perks also make us one of the best places to work. We take care of all of our people with great benefits, like paid time off; medical, dental, and vision plans; life, short-term, and long-term disability insurance; 401(k) with employer matching; 6 weeks paid paternity/maternity leave; back-up child and elder care; robust professional and personal development through our own Kimpton University; and employee discounts at our 60+ hotels nationwide.
Plus, we throw in some extra Kimpton-style perks, like wellness programs and, of course, pet insurance.
We’re a best place to work because we’re driven by our passion for unscripted, heartfelt care. From the first whirl of a hula hoop at your employee orientation (yes, it happens) to every Kimpton Moment thereafter, you’re going to love it here as much as our guests do.