Ramada by Wyndham

Ramada by Wyndham

Hotels
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2021 Franchise 500 Rank
#368 Ranked #276 last year
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Initial investment
$221K - $9.3M
Units as of 2020
855 2.1% over 3 years

Company Overview

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.

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

Corporate Address
22 Sylvan Wy.
Parsippany, NJ 07054

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
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
Marketing Planning & Support
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?
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.

Ranked #368

Franchise 500 Ranking

Ranked #54

Top Global Franchises

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021