Start-Up Costs and Fees |
||
| Tru by Hilton | Wingate by Wyndham | |
| Investment | 8332795 - 13542175 | 375465 - 10816446 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 4.50% |
| Advertising Fee | 4% | 4% |
| Year Founded | 0 | 1995 |
| Year Franchised | 0 | 1995 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Tru by Hilton | Wingate by Wyndham | |
| Experience | ||
Financing Options |
||
| Tru by Hilton | Wingate by Wyndham | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Tru by Hilton | Wingate by Wyndham | |
| Training | Regional workshops | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, National media, Regional advertising | |
| Operations | International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 - 20 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Tru by Hilton | Wingate by Wyndham | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Tru by Hilton | |
| Wingate by Wyndham | |
| Franchise Fee | |
| Tru by Hilton | |
| Wingate by Wyndham | |
| Royalty Fee | |
| Tru by Hilton | 5% |
| Wingate by Wyndham | 4.50% |
| Advertising Fee | |
| Tru by Hilton | 4% |
| Wingate by Wyndham | 4% |
| Year Founded | |
| Tru by Hilton | 0 |
| Wingate by Wyndham | 1995 |
| Year Franchised | |
| Tru by Hilton | 0 |
| Wingate by Wyndham | 1995 |
| Term Of Agreement | |
| Tru by Hilton | |
| Wingate by Wyndham | 20 years |
| Renewal Fee | |
| Tru by Hilton | |
| Wingate by Wyndham | |
Business Experience Requirements |
|
| Experience | |
| Tru by Hilton | |
| Wingate by Wyndham | |
Financing Options |
|
| Franchise Fees | |
| Tru by Hilton | |
| Wingate by Wyndham | |
| Start-up Costs | |
| Tru by Hilton | |
| Wingate by Wyndham | |
| Equipment | |
| Tru by Hilton} | |
| Wingate by Wyndham | |
| Inventory | |
| Tru by Hilton | |
| Wingate by Wyndham | |
| Receivables | |
| Tru by Hilton | |
| Wingate by Wyndham | |
| Payroll | |
| Tru by Hilton | |
| Wingate by Wyndham | |
Training & Support |
|
| Training | |
| Tru by Hilton | |
| Wingate by Wyndham | Regional workshops |
| Support | |
| Tru by Hilton | |
| Wingate by Wyndham | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Tru by Hilton | |
| Wingate by Wyndham | Co-op advertising, National media, Regional advertising |
| Operations | |
| Tru by Hilton | |
| Wingate by Wyndham | International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 - 20 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| Tru by Hilton | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Wingate by Wyndham | |
| Canada Expansion | |
| Tru by Hilton | |
| Wingate by Wyndham | |
| International Expansion | |
| Tru by Hilton | |
| Wingate by Wyndham | |