La Quinta by Wyndham
#242 Franchise 500| Hotels

La Quinta by Wyndham
Hotels

About
Founded

1968

Franchising Since

2000 (19 Years)

Corporate Address

22 Sylvan Wy.
Parsippany, NJ 07030

CEO

Geoff Ballotti

Parent Company

Wyndham Hotels & Resorts

Ticker Symbol

WH

Financial Requirements
Initial Investment

$3,885,409 - $11,745,002

Ongoing Fees
Initial Franchise Fee

$55,000 - $59,950

Ongoing Royalty Fee

4.5-5%

Ad Royalty Fee

4.5%

Financing Options

La Quinta by Wyndham offers in-house financing to cover the following: franchise fee, startup costs

La Quinta by Wyndham has relationships with third-party sources which offer financing to cover the following: 
equipment, inventory

Support Options
Ongoing Support

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

3-4 days

Classroom Training:

4 days

Absentee Ownership Allowed
Number of Employees Required to Run:

20 - 25

La Quinta by Wyndham is ranked #242 in the Franchise 500!
Cost
Initial Investment: Low - $3,885,409 High - $11,745,002
Units
+0.4%+4 UNITS (1 Year) +3.4%+30 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: Canada, Mexico, South America
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 14th, 2019