Wyndham Hotels & Resorts vs EVEN Hotels Franchise Comparison

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

Start-Up Costs and Fees

 
Wyndham Hotels & Resorts Franchise
EVEN Hotels Franchise
Investment $42,112,580 - $69,188,897$16,697,959 - $24,459,635
Franchise Fee $54,500$75,000
Royalty Fee 5%5%
Advertising Fee 3%-
Year Founded 19812012
Year Franchised 19962014
Term Of Agreement 15-20 YEARS-
Term Of Agreement 15-20 YEARS-
Renewal Fee Negotiable, renewable-


Business Experience Requirements

 
Wyndham Hotels & Resorts Franchise
EVEN Hotels Franchise
Experience --

Financing Options

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

Training & Support

 
Wyndham Hotels & Resorts Franchise
EVEN Hotels Franchise
Training On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops On-The-Job Training: Varies Classroom Training: Varies
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform Ongoing Support Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app Ad Templates National Media SEO Website development Loyalty program/app
Operations Absentee Ownership Allowed Number of Employees Required to Run: 10 - 15 -

Expansion Plans

 
Wyndham Hotels & Resorts Franchise
EVEN Hotels Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion NoYes

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 EVEN Hotels

"EVEN

The EVEN Hotels brand helps travellers make healthier choices that impact every aspect of their personal wellness at an affordable price point. The brand is focused on ensuring guests Eat Well, Rest Easy, Keep Active and Accomplish More: