TRYP by Wyndham vs Hotel RL Franchise Comparison

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

Start-Up Costs and Fees
 
TRYP by Wyndham Franchise
Hotel RL Franchise
Investment $15,120,019 - $23,614,755$1,335,000 - $36,191,500
Franchise Fee $39,500$40,000 - $75,000
Royalty Fee 5%5%
Advertising Fee 4%3.5%
Year Founded 19752005
Year Franchised 20112005
Term Of Agreement 15-20 YEARS-
Term Of Agreement 15-20 YEARS-
Renewal Fee Negotiable, renewable-


Business Experience Requirements
 
TRYP by Wyndham Franchise
Hotel RL Franchise
Experience --

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

Training & Support
 
TRYP by Wyndham Franchise
Hotel RL 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 Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
Operations --

Expansion Plans
 
TRYP by Wyndham Franchise
Hotel RL Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion Yes-

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 Hotel RL

"Hotel

Hotel RL is an experience of all things authentic, creative and curious. Offering a taste of the local scene in a laid-back environment, we invite open-minded travelers to work, play and pursue their passions freely. Made for explorers and curious minds, Hotel RL captures the spirit of adventure and creativity within comfortable and modern conveniences designed for a new generation of traveler, complete with exciting lobbies, free Wi-Fi, trained Victrola Coffee baristas, performance spaces, and more surprises along the way.   Stay Curious.

The total investment necessary to begin operation of a 150-room Hotel RL Hotel with a minimal food and beverage offering is estimated to range between $27,849,250 to $36,191,500 for new development and $1,335,000 to $4,001,500 for conversion hotels. These amounts include $90,500 to $111,000 that must be paid to the franchisor. These amounts do not include the cost of purchasing or leasing land or any real estate taxes.