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Below is an in-depth analysis and side-by-side comparison of TRYP by Wyndham vs Dolce by Wyndham including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $15,120,019 - $23,614,755 | $743,675 - $22,345,559 |
Franchise Fee | $39,500 | $35,000 - $50,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | 4% | - |
Year Founded | 1975 | - |
Year Franchised | 2011 | - |
Term Of Agreement | 15-20 YEARS | 15-20 YEARS |
Term Of Agreement | 15-20 YEARS | 15-20 YEARS |
Renewal Fee | Negotiable, renewable | Negotiable, renewable |
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/Yes | -/- |
Start-up Costs | Yes/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | Yes/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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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 |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
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.
Dolce Hotels and Resorts offer motivating situations that unite individuals. From its commencement in 1981, the brand keeps on conveying an excellent gatherings encounter by giving motivating, cordial and attentive situations for individuals to meet and learn. Situated in special goals inside the United States, Canada and Europe, the brand gives network through its offices, outline, design, innovation and a group of devoted experts offering a customized benefit.
Start!
Building a solid, gainful business takes assets. As a feature of the Wyndham family, you get them. Select access to world-class advancement bolster administrations - Design, Development and Sourcing.
As one of the world's biggest neighborliness organizations, Wyndham Worldwide offers explorers around the world, and in addition lodging financial specialists, engineers, and administrators, a wide suite of cordiality items and administrations crosswise over different convenience options and value ranges. We have constructed a critical nearness in real accommodation advertises 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.