Wyndham Hotels and Resorts Franchise Information
Wyndham Hotels and Resorts is a franchise for a hotel and resorts chain. It was founded in 1981 and started franchising in 1996. It was founded by Trammell Crow in Dallas, Texas.
He is the president of Trammell Crow Company or TCC. It appears that the company was named after Wyndham Robertson who once wrote for Fortune Magazine on the profile of Trammell Crow.
As they grew, they merged with Patriot American Hospitality or PAH. It was in the 1990’s that the company grew fast while acquiring hotels and renaming it Wyndhams. When they wanted to expand in the upscale limited-serviced hotels, they purchased the Summerfield Hotel Corporation and changed its name to Summerfield Suites by Wyndham.
They also have the Wyndham Garden Hotels which are smaller but usually offer full service and located in airports and the suburban. After the merging of two companies, they launched the Grand Bay Hotels and Resorts which did not last too long and The Great Eastern Hotel that was in London, England. In 1999, the company went through a restructuring with the help of private equity firms such as Apollo Real Estate Advisors and Thomas H. Lee Partners. They took control of the company and renamed it to Wyndham International. They struggled and had to sell off many of their hotels including many of the Summerfield Suites hotels that were sold to the Intercontinental Hotels Groups.
The affiliates of Blackstone Group acquired Wyndham International in 2005 and rebranded the hotels. Cendant purchased Wyndham Garden Hotels and Wyndham. In 2006, Wyndham Worldwide bought out Cendant. The hotels under Wyndham Worldwide includes Days Inn, Baymont Inns and Suites, Knights Inn, Howard Johnson’s, Super 8, Ramada, Wyndham, Travelodge, Hawthorn Suites, Wyndham Garden Hotels, Wyndham Vacation Resorts, Wingate by Wyndham, and WorldMark by Wyndham. Now, Wyndham Hotels and Resorts have the Wyndham Grand Collection, Wyndham Garden, Dream Hotels, and Night Hotels. They now have 67 locations in the United States and 27 locations in other countries.
What are the usual services and activities offered at Wyndham Hotels and Resorts?
They have Breakfast buffet, business center, car rental, concierge, cocktail, dry cleaning, early check-in, evening turn-down, faxing, handicap parking, laundry, valet, newspaper, room service, shuttle, social hour, welcome gift, and video billing. Each location also has its own activities fit for it such as boating, casino, camping, golf, fishing, jet skiing, hiking, nature trails, snorkelling, scuba diving, jogging trail, heated pools, and weightlifting.
Cost and requirements on running a Wyndham Hotels and Resorts franchise
Expect to be investing about $602,000 to $58,782,000. The cost of Wyndham Hotels and Resorts franchise fee is $35,000 to $50,000 with an on-going royalty fee of 5%. The term of agreement is negotiable and may be renewable.
What is included in the franchise package?
There will be five days training at the headquarters, two days at your location, and one to three days of regional workshops. You will be receiving newsletters and a toll free phone number. You will be provided assistance at the grand opening and access to the internet. Expect to be attending meetings and receiving occasional field evaluations. For marketing support, there will be national media.
Wyndham Hotels and Resorts Contact Details
You may reach them at:
Address: 8427 SouthPark Circle, Suite 500 Orlando, FL 32819
Phone: (800) 251-8736