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Travelodge by Wyndham

A Brief History of Travelodge by Wyndham Travelodge […]

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Franchise Details

Year Established: 1939
Category Locations: N/A
Available Ownership Type: N/A
Corporate HQ City:
Corporate HQ State:
Investment Range: $182,029
Canada Franchising: Yes
Latin America Franchising: Yes
India Franchising: Yes
Royalty Percentage: 4.5%%
Veteran Discount: Yes
E2/EB5 Visas: Yes
Master Franchise Opportunities: Yes

Background

Travelodge by Wyndham Franchise: A Hotel Investment Opportunity

A Brief History of Travelodge by Wyndham

Travelodge by Wyndham, a well-known name in the hospitality industry, has been around since 1935. Founded by Scott King, a building contractor, the company quickly gained traction and became one of the first hotel chains to operate under its own brand. In 1966, Travelodge by Wyndham started offering franchises, allowing entrepreneurs to open their own hotels under the trusted Travelodge brand.

Today, Travelodge by Wyndham is part of Wyndham Hotels and Resorts, a global leader in hospitality. With over 500 locations across North America, including over 340 in the United States, Travelodge by Wyndham is a recognized name in the hotel industry. Many of their hotels are strategically located near National Parks, catering to a diverse range of travelers.

Why Consider a Travelodge by Wyndham Franchise?

Travelodge by Wyndham has built a solid reputation for providing quality services and a comfortable stay for guests. For franchisees, this translates into a profitable opportunity. Whether you're looking to convert an existing hotel or build a new one, a Travelodge by Wyndham franchise can provide a strong foundation for your business.

The franchise offers a range of benefits for its partners:

  • Proven Systems: Leverage the tried-and-true systems developed by Travelodge by Wyndham to manage your hotel effectively.
  • Sourcing Advantages: Benefit from the purchasing power of a global brand and enjoy cost savings on supplies and resources.
  • Expert Support: Get access to a wealth of experience and knowledge from industry professionals.

Is a Travelodge by Wyndham Franchise Right for You?

Owning a franchise requires a financial commitment. Before making any decisions, it's important to carefully evaluate your financial readiness. This includes understanding the franchise fee, startup costs, and ongoing fees like advertising and royalties.

Travelodge by Wyndham offers financing options, both through their own programs and established partnerships with third-party finance firms. This can help you secure the funding needed to launch your franchise.

The brand's size and experience allows them to leverage their buying power and improve operations, ultimately helping to lower your costs and boost your growth potential.

Steps to Opening a Travelodge by Wyndham Franchise

Before taking the leap, it's crucial to conduct thorough research and due diligence. Connect with current franchisees to gain firsthand insights and ask questions directly to the Travelodge by Wyndham team.

Take time to understand the Travelodge by Wyndham brand and its reputation within your local community. Consider the presence of other hotel chains in your area and assess if a Travelodge by Wyndham franchise is a good fit.

Ready to take the next step? Submit an inquiry form and start your journey toward becoming a Travelodge by Wyndham franchisee.

Support & Training offered by Travelodge by Wyndham

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Additional Information

Category Location N/A
Number of Units Open 441 (as of 2023)
Investment Range $182,029 - $10,172,149
Master Franchise N/A
Home based franchise YES
Item 19 Franchise YES
Veteran Discount YES
Franchise Opportunities in Canada YES
International Franchise Opportunities
E2/EB5 Visa Franchise YES
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