Start-Up Costs and Fees |
||
| My Place Hotels | Wingate by Wyndham | |
| Investment | 4108050 - 5709950 | 375465 - 10816446 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.50% | |
| Advertising Fee | 4% | |
| Year Founded | 2014 | 1995 |
| Year Franchised | 2014 | 1995 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| My Place Hotels | Wingate by Wyndham | |
| Experience | ||
Financing Options |
||
| My Place Hotels | Wingate by Wyndham | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| My Place Hotels | Wingate by Wyndham | |
| Training | Regional workshops | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, National media, Regional advertising | |
| Operations | International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 - 20 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| My Place Hotels | Wingate by Wyndham | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| My Place Hotels | |
| Wingate by Wyndham | |
| Franchise Fee | |
| My Place Hotels | |
| Wingate by Wyndham | |
| Royalty Fee | |
| My Place Hotels | |
| Wingate by Wyndham | 4.50% |
| Advertising Fee | |
| My Place Hotels | |
| Wingate by Wyndham | 4% |
| Year Founded | |
| My Place Hotels | 2014 |
| Wingate by Wyndham | 1995 |
| Year Franchised | |
| My Place Hotels | 2014 |
| Wingate by Wyndham | 1995 |
| Term Of Agreement | |
| My Place Hotels | |
| Wingate by Wyndham | 20 years |
| Renewal Fee | |
| My Place Hotels | |
| Wingate by Wyndham | |
Business Experience Requirements |
|
| Experience | |
| My Place Hotels | |
| Wingate by Wyndham | |
Financing Options |
|
| Franchise Fees | |
| My Place Hotels | |
| Wingate by Wyndham | |
| Start-up Costs | |
| My Place Hotels | |
| Wingate by Wyndham | |
| Equipment | |
| My Place Hotels} | |
| Wingate by Wyndham | |
| Inventory | |
| My Place Hotels | |
| Wingate by Wyndham | |
| Receivables | |
| My Place Hotels | |
| Wingate by Wyndham | |
| Payroll | |
| My Place Hotels | |
| Wingate by Wyndham | |
Training & Support |
|
| Training | |
| My Place Hotels | |
| Wingate by Wyndham | Regional workshops |
| Support | |
| My Place Hotels | |
| Wingate by Wyndham | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| My Place Hotels | |
| Wingate by Wyndham | Co-op advertising, National media, Regional advertising |
| Operations | |
| My Place Hotels | |
| Wingate by Wyndham | International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 - 20 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| My Place Hotels | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Wingate by Wyndham | |
| Canada Expansion | |
| My Place Hotels | |
| Wingate by Wyndham | |
| International Expansion | |
| My Place Hotels | |
| Wingate by Wyndham | |