Start-Up Costs and Fees |
||
| Tru by Hilton | Wyndham Hotels & Resorts | |
| Investment | 8332795 - 13542175 | 42112580 - 69188897 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | 4% | 3% |
| Year Founded | 0 | 1981 |
| Year Franchised | 0 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Tru by Hilton | Wyndham Hotels & Resorts | |
| Experience | ||
Financing Options |
||
| Tru by Hilton | Wyndham Hotels & Resorts | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Tru by Hilton | Wyndham Hotels & Resorts | |
| Training | On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform | |
| Marketing | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 10 - 15 | |
Expansion Plans |
||
| Tru by Hilton | Wyndham Hotels & Resorts | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Tru by Hilton | |
| Wyndham Hotels & Resorts | |
| Franchise Fee | |
| Tru by Hilton | |
| Wyndham Hotels & Resorts | |
| Royalty Fee | |
| Tru by Hilton | 5% |
| Wyndham Hotels & Resorts | 5% |
| Advertising Fee | |
| Tru by Hilton | 4% |
| Wyndham Hotels & Resorts | 3% |
| Year Founded | |
| Tru by Hilton | 0 |
| Wyndham Hotels & Resorts | 1981 |
| Year Franchised | |
| Tru by Hilton | 0 |
| Wyndham Hotels & Resorts | 1996 |
| Term Of Agreement | |
| Tru by Hilton | |
| Wyndham Hotels & Resorts | 15-20 YEARS |
| Renewal Fee | |
| Tru by Hilton | |
| Wyndham Hotels & Resorts | Negotiable, renewable |
Business Experience Requirements |
|
| Experience | |
| Tru by Hilton | |
| Wyndham Hotels & Resorts | |
Financing Options |
|
| Franchise Fees | |
| Tru by Hilton | |
| Wyndham Hotels & Resorts | |
| Start-up Costs | |
| Tru by Hilton | |
| Wyndham Hotels & Resorts | |
| Equipment | |
| Tru by Hilton} | |
| Wyndham Hotels & Resorts | |
| Inventory | |
| Tru by Hilton | |
| Wyndham Hotels & Resorts | |
| Receivables | |
| Tru by Hilton | |
| Wyndham Hotels & Resorts | |
| Payroll | |
| Tru by Hilton | |
| Wyndham Hotels & Resorts | |
Training & Support |
|
| Training | |
| Tru by Hilton | |
| Wyndham Hotels & Resorts | On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops |
| Support | |
| Tru by Hilton | |
| Wyndham Hotels & Resorts | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
| Marketing | |
| Tru by Hilton | |
| Wyndham Hotels & Resorts | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Tru by Hilton | |
| Wyndham Hotels & Resorts | Absentee Ownership Allowed Number of Employees Required to Run: 10 - 15 |
Expansion Plans |
|
| US Expansion | |
| Tru by Hilton | 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 |
| Wyndham Hotels & Resorts | |
| Canada Expansion | |
| Tru by Hilton | |
| Wyndham Hotels & Resorts | 0 |
| International Expansion | |
| Tru by Hilton | |
| Wyndham Hotels & Resorts | |