TRYP by Wyndham
Hotels

TRYP by Wyndham
Hotels

About
Founded

1975

Franchising Since

2011 (9 Years)

Corporate Address

22 Sylvan Wy.
Parsippany, NJ 07054

Leadership

Geoff Ballotti, CEO

Parent Company

Wyndham Hotels & Resorts

Ticker Symbol

WH

Financial Requirements
Initial Investment

$796,106 - $24,395,582

Ongoing Fees
Initial Franchise Fee

$39,500 - $39,500

Ongoing Royalty Fee

5%

Ad Royalty Fee

4%

Financing Options

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

TRYP by Wyndham has relationships with third-party sources which offer financing to cover the following: 
startup costs, 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

Cost
Initial Investment: Low - $796,106 High - $24,395,582
Units
+3.8%+4 UNITS (1 Year) -2.7%-3 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.

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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: June 22nd, 2020