Discover the potential of owning a Travelodge by Wyndham franchise, an iconic hotel brand offering strong support, recognized hospitality, and significant growth opportunities in prime locations.
Travelodge by Wyndham Franchise Snapshot
Current Locations (Approx): 340
Travelodge by Wyndham Franchise Cost
Liquid Capital Required: $189,849
Total Investment: $787,010 - $8,077,783
Minimum Franchise Fee: $43,350
Maximum Franchise Fee: $66,925
Travelodge by Wyndham Franchise Description
Travelodge by Wyndham Franchise Opportunity
Discover the potential of owning a Travelodge by Wyndham franchise—an iconic brand in the hotel industry with a strong presence and a trusted name. With hundreds of locations across the United States, many near National Parks, Travelodge promises quality service and a fine night's sleep for travelers.
Why Choose Travelodge by Wyndham?
Supportive Franchisor: Enjoy comprehensive support in hotel management optimization and arrangements.
Strong Brand Recognition: Benefit from the established reputation of Travelodge, a recognized name in the hospitality industry.
Growth Opportunities: With the possibility to build new hotels or convert existing ones, the growth potential is significant.
Investment Information
Owning a Travelodge by Wyndham franchise requires careful financial planning. Here are the key investment details:
Initial Investment Range: $178,081 to $8,077,783
Franchise Fee: Up to $35,000
Ongoing Royalty Fee: 4.5%
Liquid Capital Required: Minimum of $178,683
Training and Support
Travelodge offers extensive training and support options to ensure franchisees are well-prepared to succeed:
On-The-Job Training: 3-4 days
Classroom Training: 4 days
Additional Training: Regional workshops and customized property training
Franchise Requirements
Potential franchisees need to meet certain criteria to qualify for a Travelodge franchise:
Adequate Capitalization: Ensure you have the necessary liquid capital to invest.
Experience: Evaluate your prior business experience to determine your suitability for franchise ownership.
Market Availability: Check the availability of franchise opportunities in your desired location.
Application Process
Follow these steps to apply for a Travelodge franchise:
Submit Your Application: Complete the online application form.
Receive Confirmation: You will receive a confirmation receipt via email.
Financial and Background Checks: Your application will be reviewed, and checks will be conducted.
Approval: Candidates who meet the requirements will receive franchise approval.
Key Takeaways
Travelodge by Wyndham offers a well-known and trusted brand in the hotel industry.
The franchise requires an initial investment ranging from $178,081 to $8,077,783.
Comprehensive training and support are provided to ensure franchisee success.
Potential franchisees need to meet specific financial and experience criteria.
Ready to explore this rewarding opportunity? Fill out the free information request form on this page to receive the Travelodge Franchise Disclosure Document or speak with a representative about your interest in this franchise.
Travelodge by Wyndham Franchise Disclosure Documents
Franchise Disclosure Documents are available for free download. 3-page PDF files are available without entering your name and email address, and full-length PDF files are available for free download after entering your name, phone, and email address.
The Most Recent FDD for Travelodge by Wyndham is From 2021.