Candlewood Suites vs TRYP by Wyndham Franchise Comparison

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

Start-Up Costs and Fees
 
Candlewood Suites Franchise
TRYP by Wyndham Franchise
Investment $7,807,040 - $10,716,900$15,120,019 - $23,614,755
Franchise Fee $50,000$39,500
Royalty Fee 5%5%
Advertising Fee -4%
Year Founded 19951975
Year Franchised 19962011
Term Of Agreement -15-20 YEARS
Term Of Agreement -15-20 YEARS
Renewal Fee -Negotiable, renewable


Business Experience Requirements
 
Candlewood Suites Franchise
TRYP by Wyndham Franchise
Experience --

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

Training & Support
 
Candlewood Suites Franchise
TRYP by Wyndham Franchise
Training On-The-Job Training: Varies Classroom Training: Varies On-The-Job Training: 3-4 days Classroom Training: 4 days
Support Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
Marketing Ad Templates National Media SEO Loyalty program/appCo-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations --

Expansion Plans
 
Candlewood Suites Franchise
TRYP by Wyndham Franchise
US Expansion -Yes
Canada Expansion -No
International Expansion -Yes

Company Overviews

About Candlewood Suites

At Candlewood Suites® hotels we offer a more casual kind of longer stay, where you’ll always feel at home, at your best and really productive while on the road. All of our locations throughout the Americas are easily accessible and we’re always opening new hotels, so guests can book a spacious suite whenever and wherever it works for them.
Candlewood Suites gives you the amenities that make you feel at home. Fully-equipped suites, room to spread out, space to work and space to relax.

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.