Start a Hawthorn Extended Stay by Wyndham Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $317K - $14.2M

Units as of 2024: 75 15% over 3 years

Since the inception of Hawthorn Suites by Wyndham in 1986, it has steadily grown to become a large suite-oriented hotel. Hawthorn Suites by Wyndham has over 100 operational hotels, including a handful outside the United States.

Hawthorn Suites by Wyndham specializes in offering extended stays for anyone looking for a luxurious home away from home. Their main clientele includes people on extended vacations, those looking to relocate, and people on business. Hawthorn Suites by Wyndham customers may keep coming back, as they offer almost everything a guest needs, including unlimited Wi-Fi, laundry services, valet services, a buffet breakfast, two phone lines, a comfortable work area, gym, spa, complimentary daily newspapers, personal voicemail, a business meeting lounge, fully furnished kitchen, and more!

Why You May Want to Start a Hawthorn Suites by Wyndham Franchise

The mid-scale extended-stay hotel industry may be one that you can enter and succeed in.

As a Hawthorn Suites by Wyndham franchisee, you may receive world-class guidance in hotel operation and a complimentary introduction to well-known architects, contractors, software developers, and site scouts. Since they offer customizable prototypes and hotel designs, you may have the liberty to choose a design that aligns with your preference and local market.

Aside from the overall marketing tied to the brand name, you may also enjoy free internet marketing links and reservation referrals from the main Wyndham Hotels & Resorts site. This may help ensure that customers keep trickling in and your franchise experiences success.

What Might Make a Hawthorn Suites by Wyndham Franchise a Good Choice?

To be part of the Hawthorn Suites by Wyndham team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. You should also prepare yourself for ongoing fees that will include advertising fees and royalty fees. It may be a good idea to speak with an attorney or financial advisor before opening a Hawthorn Suites by Wyndham franchise to ensure that you have the necessary financial resources to open and operate it successfully.

Thankfully, Hawthorn Suites by Wyndham has several financing options and partnerships with various financing organizations. These financing options could help you cover the franchise fee, startup cost, equipment, and inventory.

How To Open a Hawthorn Suites by Wyndham Franchise

To open your Hawthorn Suites by Wyndham franchise, you will likely need to submit a franchise request form. If your application seems fitting, Hawthorn Suites by Wyndham may get back to you.

Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. Speak to existing franchisees and ask questions directed to the Hawthorn Suites by Wyndham team. Additionally, you may want to research your local demand, as well as competition, for the hospitality industry. Too much competition may not allow for the most possible growth.

Hawthorn Suites by Wyndham offers a variety of training courses available to all franchisees. After training, you are free to open your franchise and start operations. Check out Hawthorn Suites by Wyndham and bring it to your community!

Company Overview

About Hawthorn Extended Stay by Wyndham

Industry	Lodging
Related Categories	Hotels & Motels
Founded	1986
Parent Company	Wyndham Hotels & Resorts
Leadership	Geoff Ballotti, CEO
Corporate Address	22 Sylvan Wy. Parsippany, NJ 07054
Social	Facebook, Twitter

Business Overview

Franchising Since	1986 (38 years)
# of employees at HQ	2,217
Where seeking	This company is offering new franchises throughout the US. This company is offering new franchises in the following international regions: Europe (Western)
# of Units	75 (as of 2024)

Information for Franchisees

Here's what you need to know if you're interested in opening a Hawthorn Extended Stay by Wyndham franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$40,000
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$316,632 - $14,165,375
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	50% off application/franchise fees; development incentive of up to $4,000/room
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	5.5%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	2.5%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	20 years
Is franchise term renewable?	Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing	Hawthorn Extended Stay by Wyndham offers in-house financing to cover the following: franchise fee, startup costs, inventory
Third Party Financing	Hawthorn Extended Stay by Wyndham has relationships with third-party sources which offer financing to cover the following: equipment, inventory

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training	Up to 30 hours
Classroom Training	41-81 hours
Ongoing Support	Newsletter Meetings & Conventions Toll-Free Line Grand Opening Online Support Security & Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Marketing Support	Co-op Advertising National Media Regional Advertising Social Media SEO Website Development Email Marketing Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	No
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	No
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
# of employees required to run	20-30
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	No