Red Carpet Inn vs TRYP by Wyndham Franchise Comparison

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

Start-Up Costs and Fees
	Red Carpet Inn Franchise	TRYP by Wyndham Franchise
Investment	$133,600 - $2,602,000	$15,120,019 - $23,614,755
Franchise Fee	$6,000 - $16,000	$39,500
Royalty Fee	3%	5%
Advertising Fee	2.5%	4%
Year Founded	1982	1975
Year Franchised	1982	2011
Term Of Agreement	-	15-20 YEARS
Term Of Agreement	-	15-20 YEARS
Renewal Fee	-	Negotiable, renewable
Business Experience Requirements
	Red Carpet Inn Franchise	TRYP by Wyndham Franchise
Experience	-	-
Financing Options
	Red Carpet Inn Franchise	TRYP by Wyndham Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	-/-	Yes/Yes
Start-up Costs	-/-	Yes/Yes
Equipment	-/-	-/Yes
Inventory	-/-	Yes/-
Receivables	-/-	-/-
Payroll	-/-	-/-
Training & Support
	Red Carpet Inn 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	Hospitality International's Marketing Team works in concert with the Franchise Development Team for the purpose of finding new resources to attract new guests and to retain the current guest base of our franchised locations. In addition, the two teams collaborate to discover creative and cost effective ways to promote Hospitality International's five brands to encourage brand recognition and loyalty. Increasing Reservations is a key component of the Marketing Department's responsibility. Therefore, Corporate Discount Programs, Advertising and E-commerce efforts all combine to support and enhance our Reservation Services. Local Marketing efforts and Training opportunities are discussed in the Support & Benefits section of this site. Logos divider	Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations	-	-
Expansion Plans
	Red Carpet Inn Franchise	TRYP by Wyndham Franchise
US Expansion	-	Yes
Canada Expansion	-	No
International Expansion	-	Yes

Company Overviews

About Red Carpet Inn

The Red Carpet Inn brand has been a stable entity in the lodging industry since 1968. Locations include limited and full-service facilities in the economy to mid-level price ranges.

Since their inception, Red Carpet Inn and Red Carpet Inn & Suites have provided a great value in the franchise arena for owners who seek to maximize the "bottom line" of their investments and the opportunity of managing their own facilities and room rates. They are easily able to meet the requirements dictated by their local markets while maintaining reasonable franchise standards and receiving the benefits of belonging to a franchise system. Services to our franchisees are designed to streamline and simplify the owner's efforts in maintaining and marketing their investments. As a franchisee of Hospitality International, Inc., you can expect no costly surprises and fair, consistent treatment and respect from your corporate franchise staff. You can also rely on personal and prompt common sense service.

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.