Microtel by WyndhamMicrotel by Wyndham is a well-established and rapidly […] |
Microtel by Wyndham is a well-established and rapidly growing hotel franchise specializing in budget-friendly accommodations. Backed by the renowned Wyndham brand, Microtel Inns and Suites has a strong track record of success since its establishment in 1987. With a history of successful franchising, starting in 1988, Microtel by Wyndham has consistently grown and thrived in the hospitality industry.
Microtel by Wyndham has hotels operating worldwide and is always looking to expand into new locations. Microtel by Wyndham franchises are dedicated to offering travelers high-quality services at affordable rates. Microtel by Wyndham is known for its smart designs and award-winning services, exceeding both guest and owner expectations.
As a Microtel by Wyndham franchisee, you have the chance to provide travelers with a comfortable and affordable hotel experience. This makes Microtel by Wyndham an excellent choice for franchisees who want to be associated with a reputable name in the hospitality industry without operating a luxury hotel.
While Microtel by Wyndham may be a better fit for experienced franchisees, they offer a range of support options. This support includes:
Microtel by Wyndham constructs all of its hotels from the ground up, ensuring consistency in customer experience. This sets Microtel by Wyndham apart as the only new construction budget hotel brand in the market. Microtel by Wyndham's Moda prototype is designed for both aesthetic appeal and efficient construction.
Microtel by Wyndham balances budget-friendly prices with comfortable accommodations. Hotels are strategically located and offer amenities such as fast, free, and secure Wi-Fi. Guests have options for working, with desks in rooms and workstations in the lobby.
To become a Microtel by Wyndham franchisee, you need to be financially prepared for an initial investment, which includes a franchise fee and potential startup costs. You will also need enough capital to cover royalty percentages and advertising fees. The initial franchise fee grants you the right to operate a business using the Microtel by Wyndham brand name and logo. The franchise agreement typically lasts for 20 years, with the option for renewal at the end of the term.
Before deciding on a Microtel by Wyndham franchise, it's crucial to thoroughly research the brand and your local area. Analyze if a Microtel by Wyndham franchise would be successful in your community. While competition is healthy, excessive competition might hinder growth.
You'll need to wait for Microtel by Wyndham to notify you of an opportunity to open a new location in your desired territory. When the opportunity arises, you can give it a place to stay.
Category Location | N/A |
Number of Units Open | 356 (as of 2023) |
Investment Range | $6,816,044 - $8,450,250 |
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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