Microtel by Wyndham

Microtel by Wyndham

Hotels
FREE Franchise Guide!
2022 Franchise 500 Rank
#463Ranked #450 last year
manbetx2.0客户端下载
Initial investment
$6.3M - $7.7M
Units as of 2022
347 1.2% over 3 years

Here’s what you need to know if you’re interested in opening a Microtel by Wyndham franchise.

Microtel by Wyndham is a fast-growing economy and budget hospitality franchise brand. Backed by theWyndham Innname, Microtel Inns and Suites has a strong performance record since its inception in 1987. The company that began franchising in 1988 also has a record of successful development and sustainable economic growth.

Microtel by Wyndham has inns and suites open worldwide and is constantly looking to expand with new locations. Microtel by Wydnham franchises strive to offer highly satisfactory services to the traveling public at an affordable rate. Microtel by Wyndham provides customers with smart design and award-winning services, over-delivering on guest and owner expectations.

Why You May Want to Start a Microtel by Wyndham Franchise

Franchisees with Microtel by Wyndham have the opportunity to provide travelers with an affordable, restful hotel environment. This may make Microtel by Wyndham the perfect choice for a franchisee who wants to be associated with a well-known name in the hospitality industry without maintaining a luxury hotel.

Though the brand may be better suited to experienced franchisees, Microtel by Wyndham still provides support options. Support includes a toll-free line for phone calls, online support, safety and security measures, intranet platforms, co-op advertising, email marketing, loyalty program apps, and grand opening support. Microtel by Wyndham also offers a few dozens of hours worth of classroom training at regional locations.

What Might Make Microtel by Wyndham a Good Choice?

Microtel by Wyndham constructs all of its inns and suites from scratch for consistency in customer expectations. Among economy hotels, Microtel By Wyndham is the only new construction brand out there. Microtel by Wyndham designed its Moda prototype to be both attractive and efficient to build. Franchisees can operate all-new approved constructions and budget lodging facilities.

Microtel by Wyndham balances budget-friendly prices with gracious accommodations. The hotels are strategically located and equipped with fast, free, secure Wi-Fi. There are also options for different work locations, with either a desk in the hotel room or workstations in the lobby.

How to Open Your Own Microtel by Wyndham Franchise

To be part of the Microtel by Wyndham team, you should make sure you are financially ready for an initial investment, which will include a franchise fee and other potential startup fees. You will need enough capital available to cover royalty percentages and advertising fees. The initial franchise fee grants you the license to run a business using the Microtel by Wyndham brand name and logo. The term of agreement for a Microtel by Wyndham franchisee is typically 20 years, at which point both you and the franchisor will determine if you wish to renew and continue operating the territory.

As you make your decision regarding whether to open a Microtel by Wyndham franchise, make sure you take time to explore the opportunity. Research the brand and your local area to see if a franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

你需要等到你receive a notification from Microtel by Wyndham that an opportunity to open a new location is available in the territory you want. When opportunity knocks, you may find you can give it a place to stay.

Find Your Perfect Franchise

Company Overview

About Microtel by Wyndham

Industry
Lodging
Related Categories
Hotels & Motels
Founded
1987
Parent Company
Wyndham Hotels & Resorts
Leadership
Geoff Ballotti, CEO
Corporate Address
22 Sylvan Wy.
Parsippany, NJ 07054

Business Overview

Franchising Since
1988(34 years)
# of employees at HQ
8,000
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
347(as of 2022)

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Microtel 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
$40,000
Initial Investment
$6,328,948 - $7,663,645
Veteran Incentives
50% off application/franchise fees; development incentive of up to $4,000/room
Royalty Fee
6%
Ad Royalty Fee
2%
Term of Agreement
20 years
Is franchise term renewable?
No
Take Our Free Franchise Quiz!

Financing Options

franchisees.

内部融资
Microtel by Wyndham offers in-house financing to cover the following: franchise fee, startup costs, inventory
Third Party Financing
Microtel 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
41-81 hours
Additional Training
At regional locations
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
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
#运行所需的员工
12-20
Are exclusive territories available?
No
Take our quick quiz to find your ideal franchise

Interested in ownership opportunities like Microtel by Wyndham? Request a free consultation with a Franchise Advisor now.

Franchise 500 Ranking History

Compare where Microtel by Wyndham landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Microtel by Wyndham ranked on other franchise lists? Find out below.

Want to stay updated on the latest franchise news?

Never miss a beat when you sign up to receive our newsletter.

We care about the protection of your data. Read ourPrivacy Policy

Related Franchises

Are you eager to see what else is out there? Browse franchises that are similar to Microtel by Wyndham.

Clothes Mentor

Women's clothing and accessories resale stores

Home2 Suites by Hilton

Midprice extended-stay hotels

ComForCare

Nonmedical home care

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

'100% Should Be Illegal': Woman Exposes Jaw-Dropping Amount of Caffeine in Panera Lemonade

A TikTok user is going viral after realizing her favorite Panera drink has four times the caffeine as espresso.

Emily Rella

Emily Rella

The Retail Real Estate Market Is Growing. Here's Why That's a Big Win for the Franchise Industry.

Here's how the franchise industry can benefit from the resurgence of the retail real estate market.

Jeff Brazier

Jeff Brazier

Here's How You Can Tell Which Franchise Opportunity Is Best for You

There are 7 franchise systempreneur personality types — knowing yourself can help you select the best franchise opportunity for you

Alicia Miller

Alicia Miller

Free Webinar | January 19: What You Need to Know About Buying a Franchise in 2023

Learn how to determine the best brand to partner with, what top franchise owners have in common, and more in this free webinar. Register now!

Entrepreneur Insider

Entrepreneur Insider

Dan Rowe

Dan Rowe

Alicia Miller

Alicia Miller

Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company’s legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
更新:12月1日2th, 2022