TRYP by Wyndham
Hotels
TRYP by Wyndham
Hotels
About
Founded
1975
Franchising Since
2011 (7 Years)
Corporate Address
22 Sylvan Wy.
Parsippany, NJ 07054
CEO
Geoff Ballotti
Parent Company
Wyndham Hotels & Resorts
Ticker Symbol
Financial Requirements
Initial Investment ⓘ
$807,344 - $23,720,825
Ongoing Fees
Initial Franchise Fee ⓘ
$35,000 - $35,000
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 - $807,344
High - $23,720,825
Units
+1.8%+2 UNITS (1 Year)
-3.4%-4 UNITS (3 Years)
Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.
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