Hyatt vs TRYP by Wyndham Franchise Comparison

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

Start-Up Costs and Fees
 
Hyatt Franchise
TRYP by Wyndham Franchise
Investment $44,648,500 - $1,541,430,000$15,120,019 - $23,614,755
Franchise Fee $60,000 - $100,000$39,500
Royalty Fee -5%
Advertising Fee -4%
Year Founded 19571975
Year Franchised 20052011
Term Of Agreement -15-20 YEARS
Term Of Agreement -15-20 YEARS
Renewal Fee -Negotiable, renewable


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

Financing Options
 
Hyatt 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
 
Hyatt 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
 
Hyatt Franchise
TRYP by Wyndham Franchise
US Expansion -Yes
Canada Expansion -No
International Expansion -Yes

Company Overviews

About Hyatt

An upscale select service hotel with a modern attitude. Designed for multi-tasking travelers seeking a select service hotel, Hyatt Place properties offer smart design and a relaxed setting with a 24/7 guest kitchen and grab n go case. Located in urban, airport and suburban areas, Hyatt Place features casual hospitality in a contemporary, technology-enabled environment. Sixteen new Hyatt Place hotels opened in North America in 2010 and more than 30 are under development in the U.S., India, Panama, Costa Rica and the Netherlands.

"franchiserankingscom"
#81 on Franchise Rankings.com

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.