TRYP by Wyndham vs EVEN Hotels Franchise Comparison

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

Start-Up Costs and Fees

 
TRYP by Wyndham Franchise
EVEN Hotels Franchise
Investment $15,120,019 - $23,614,755$16,697,959 - $24,459,635
Franchise Fee $39,500$75,000
Royalty Fee 5%5%
Advertising Fee 4%-
Year Founded 19752012
Year Franchised 20112014
Term Of Agreement 15-20 YEARS-
Term Of Agreement 15-20 YEARS-
Renewal Fee Negotiable, renewable-


Business Experience Requirements

 
TRYP by Wyndham Franchise
EVEN Hotels Franchise
Experience --

Financing Options

 
TRYP by Wyndham Franchise
EVEN Hotels Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/Yes-/Yes
Start-up Costs Yes/Yes-/Yes
Equipment -/Yes-/Yes
Inventory Yes/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

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

Expansion Plans

 
TRYP by Wyndham Franchise
EVEN Hotels Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion YesYes

Company Overviews

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.

About EVEN Hotels

"EVEN

The EVEN Hotels brand helps travellers make healthier choices that impact every aspect of their personal wellness at an affordable price point. The brand is focused on ensuring guests Eat Well, Rest Easy, Keep Active and Accomplish More: