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Updated RecentlyEcono Lodge vs Wyndham Garden Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Econo Lodge vs Wyndham Garden including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $208,275 - $938,645 | $446,776 - $14,378,293 |
| Franchise Fee | $25,000 | $39,500 |
| Royalty Fee | 4.5% | 5% |
| Advertising Fee | 3.5% | 3% |
| Year Founded | - | 1996 |
| Year Franchised | - | 1996 |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | Yes/- |
| Start-up Costs | -/- | Yes/- |
| Equipment | -/- | -/Yes |
| Inventory | -/- | Yes/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/Yes |
Training & Support |
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| Training | - | On-The-Job Training: Up to 30 hours Classroom Training: 38-70 hours |
| 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 |
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| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Econo Lodge
Econo Lodge hotels provide a great stay and a great value for business and leisure travelers.
Free wireless hotspots
Complimentary Breakfast by Econo Lodge
Free USA Today weekdays.
The total investment necessary to convert an existing hotel and begin
operation of a 63-room ECONO LODGE hotel franchise is between $208,275
and $938,645. This includes an affiliation fee of $250 per room for new
franchises, $500 per room for transfers and renewals ($25,000 minimum
for new franchises, $30,000 for transfers and renewals); a brand
activation fee of approximately $8,000 to $17,000; and orientation and
hospitality training fees of between $0 and $3,145 per person, all of
which are paid to the Franchisor or its affiliates. These sums do not
include the cost of any real estate taxes.
About Wyndham Garden
!["Wyndham]("https://fddexchange.com/wp-content/uploads/2020/09/Wyndham-Garden-300x77.png")
Conveniently situated in key airport and suburban locations, Wyndham
Garden offers thoughtful guest rooms, cozy lounges, and flexible meeting
spaces to make your travels a bit easier.
The franchisee will use the Wyndham Garden® system to establish and
operate an upscale select service Wyndham Garden guest lodging facility.
Strong partnership with our owners, along with one-on-one, personalized support,
is the backbone of our mutual success.