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Ramada Worldwide
Hotels

Ramada Worldwide
Hotels

About
Founded

1954

Franchising Since

1990 (28 Years)

Corporate Address

22 Sylvan Wy.
Parsippany, NJ 07054

CEO

Geoff Ballotti

Parent Company

Wyndham Hotel Group

Ticker Symbol

WYN

Financial Requirements
Initial Investment

$218,898 - $13,822,964

Ongoing Fees
Initial Franchise Fee

$35,000 - $35,000

Ongoing Royalty Fee

4.5%

Ad Royalty Fee

4%

Financing Options

Ramada Worldwide offers in-house financing to cover the following: franchise fee, startup costs, inventory

Ramada Worldwide 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

Additional Training:

Regional workshops, property training

Absentee Ownership Allowed
Number of Employees Required to Run:

10 - 15

Bio
In 1954 a group of investors opened an inn in Flagstaff, Arizona, the first in a series of motor hotels to be opened by the group. Five years later, the chain was named Ramada, meaning “a shaded resting place” in Spanish.

Today Ramada, which has been owned by Cendant Corp. since 1997, operates hotels throughout the United States. The company is comprised of three segments, Ramada Inns, Ramada Limiteds and Ramada Plaza Hotels, serving value-conscious and mid-market travelers.

Cost
Initial Investment: Low - $218,898 High - $13,822,964
Units
+3.7%+31 UNITS (1 Year) +4.3%+36 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.
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 11th, 2017