
Ramada by Wyndham
Hotels- 2021 Franchise 500 Rank
-
#368 Ranked #276 last year
- Initial investment
-
$221K - $9.3M
- Units as of 2020
-
855 2.1% over 3 years
Company Overview
Today Ramada Worldwide by Wyndham is part of the Wyndham Hotels & Resorts group.
About Ramada by Wyndham
- Industry
- Lodging
- Related Categories
- Hotels & Motels
- Founded
- 1954
- Parent Company
- Wyndham Hotels & Resorts
- Leadership
- Geoff Ballotti, CEO
- Ticker Symbol
- WH
Franchising Overview
- Franchising Since
- 1990 (31 years)
- # of employees at HQ
- 14,200
- Where seeking
-
This company is seeking new franchisees throughout the US.
This company is seeking new franchisees worldwide.
- # of Units
- 855 (as of 2020)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Ramada 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
- $35,000 - $39,500
- Initial Investment
- $220,731 - $9,291,313
- Royalty Fee
- 4.5%
- Ad Royalty Fee
- 4%
- Term of Agreement
- 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
- Ramada by Wyndham offers in-house financing to cover the following: startup costs, inventory
- Third Party Financing
- Ramada 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
- 38-70 hours
- Additional Training
- Regional workshops, property training
- Ongoing Support
-
NewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingNational MediaRegional AdvertisingMarketing Planning & SupportSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 10
- Are exclusive territories available?
- Yes
Franchise 500 Ranking History
Compare where Ramada by Wyndham landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Ramada by Wyndham ranked on other franchise lists? Find out below.
Franchise 500 Ranking
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