GUESTHOUSE vs TRYP by Wyndham Franchise Comparison

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

Start-Up Costs and Fees
 
GUESTHOUSE Franchise
TRYP by Wyndham Franchise
Investment $118,000 - $1,918,500$15,120,019 - $23,614,755
Franchise Fee $15,000$39,500
Royalty Fee 3%year1, 3.5%thereafter5%
Advertising Fee 1.5%4%
Year Founded 19871975
Year Franchised 19872011
Term Of Agreement 10 years, 5 years thereafter15-20 YEARS
Term Of Agreement 10 years, 5 years thereafter15-20 YEARS
Renewal Fee -Negotiable, renewable


Business Experience Requirements
 
GUESTHOUSE Franchise
TRYP by Wyndham Franchise
Experience --

Financing Options
 
GUESTHOUSE Franchise
TRYP by Wyndham Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-Yes/Yes
Start-up Costs -/-Yes/Yes
Equipment -/--/Yes
Inventory -/-Yes/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
GUESTHOUSE Franchise
TRYP by Wyndham Franchise
Training - 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 Platform
Marketing -Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations --

Expansion Plans
 
GUESTHOUSE Franchise
TRYP by Wyndham Franchise
US Expansion -Yes
Canada Expansion NoNo
International Expansion NoYes

Company Overviews

About GUESTHOUSE

GuestHouse International Inns Hotels and Suites evolved from the first GuestHouse Inn & Suites in Little Rock AR in 1987 to become a leading mid-market brand with 70+ properties across America and China. GuestHouse International's most popular standard amenities include complimentary continental breakfast, freshly baked Belgian waffles, 25" remote-controlled TV's with free sports, movie and all news channels, data ports, In-room coffeemakers, free parking, and high speed internet access. The GuestHouse International franchise support system is one of the best in the industry. Franchise Service Managers provide support from initial opening to front desk training to outside sales assistance. Our Brand Assurance team helps property managers maintain the highest possible standards to ensure guest satisfaction and increase success. InnLink Central Reservation Systems (located in GuestHouse Int'l corporate headquarters) delivers GDS, voice and branded reservation services at www.guesthouseintl.com. Guest House International franchise agreements reward success and a true working relationship between owner and franchisor. In December 2006, GuestHouse International was purchased by Settle Inn LLC. In 2005 Settle Inn LLC, working with the AAFD, developed a franchise agreement that has been awarded the most franchise friendly contract in the lodging industry. As with Settle Inn LLC, GuestHouse International is committed to delivering exceptional service to our franchisees.

The total investment necessary to convert an existing hotel into a 70-room GuestHouse Extended Stay Hotel is $118,000 to $1,918,500. This estimate includes $21,000 to $22,000 that must be paid to the franchisor.
The total investment necessary for a newly constructed 70-room GuestHouse Extended Stay Hotel is $3,765,500 to $7,369,000, excluding the cost of purchasing or leasing land or any real estate taxes. This estimate includes $21,000 that must be paid to the franchisor.

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.