Ramada Worldwide by Wyndham

Hotels

About

Founded

1954

Franchising Since

1990 (29 Years)

Corporate Address

22 Sylvan Wy.
Parsippany, NJ 07030

CEO

Geoff Ballotti

Parent Company

Wyndham Hotels & Resorts

Ticker Symbol

Financial Requirements

Initial Investment ⓘ

$214,149 - $13,663,438

Ongoing Fees

Initial Franchise Fee ⓘ

$35,000 - $35,000

Ongoing Royalty Fee

4.5%

Ad Royalty Fee

Financing Options

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

Ramada Worldwide 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

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 Worldwide by Wyndham is part of the Wyndham Hotels & Resorts group.

Cost

Initial Investment: Low - $214,149 High - $13,663,438

Units

-3.9%-34 UNITS (1 Year) +0.4%+3 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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Hilton Garden Inn

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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 18th, 2018

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