Start a Days Inn by Wyndham Franchise in 2024

2024 Franchise 500 Rank: N/R Ranked #325 last year

Initial investment: $233K - $7.2M

Units as of 2024: 1,501 6% over 3 years

Days Inn by Wyndham, founded in 1970, is a major hotel chain in the U.S. and internationally. The company specializes in affordable, warm, and energetic hotel experiences. They are committed to ensuring everyone has a vibrant and calming hotel stay wherever they are, despite their reasons for being in a hotel. Whether it's business or pleasure, Days Inn by Wyndham offers a place to stay that meets most needs.

As one of the top hotel franchises in the U.S., Days Inn by Wyndham makes it a point to turn hotel stays into relaxing and comforting occasions.

For franchisees, making the world a little more relaxing while delving into the world of commercial real estate may be a constant bonus.

Why You May Want to Start a Days Inn by Wyndham Franchise

If you have ever found yourself wanting to get into the hotel industry, then opening a Days Inn by Wyndham franchise might be for you. This may be a fun business due to travel, business, family, and friendships. In most seasons, Days Inn by Wyndham has access to available clients. They are committed to providing economical, fun, relaxing hotel stays filled with good food and excellent service.

As one of the largest economy brands in hospitality, Days Inn by Wyndham has more than 1,600 locations worldwide. Over 1,400 of those locations are in the United States. Having been franchising since 1972 through various economic markets, they may have mastered the art of staying in business. You might choose to convert an existing place into a hotel or build a new one. Whether you're in a big city or small town, there's probably a location for you to open a Days Inn by Wyndham franchise.

Days Inn by Wyndham may also offer training on starting and running a business in the hotel industry and often provides support for their franchisees.

What Might Make Opening a Days Inn by Wyndham Franchise a Good Choice?

With the vibrant hospitality scene, you may begin seeing the family-oriented environment your business inspires. With the right advertising in the right market, your Days Inn by Wyndham hotel could become the place to be.

With their intensive training program and continual support, franchisees often have a business running in no time. The ideal franchisee has a passion for the hospitality industry and some business experience. The company values integrity and accountability in their franchisees, and sets out to make their hotel environments feel inclusive for all their employees.

How Do You Open a Days Inn by Wyndham Franchise?

You can usually open your own Days Inn by Wyndham franchise in a few simple steps. First, you'll want to access market availability in your area for a Days Inn by Wyndham franchise. During the process, you should be able to chat with a Days Inn by Wyndham representative who can give you more information on the brand, franchise locations, and the cost of opening a franchise.

Once you're ready to get started, franchisees usually undergo a financial and background check. Passing this evaluation is typically a major factor in approval. Franchisees usually go through a few days of initial training paired with multiple days of on-the-job training once they open a location.

Days Inn by Wyndham focuses on encouraging franchise owners to create a fun place to stay for their community. When you open the lobby doors to your Days Inn by Wyndham franchise, it'll be time to make a home away from home for your guests.

Company Overview

About Days Inn by Wyndham

Industry	Lodging
Related Categories	Hotels & Motels
Founded	1970
Parent Company	Wyndham Hotels & Resorts
Leadership	Geoff Ballotti, CEO
Corporate Address	22 Sylvan Wy. Parsippany, NJ 07054
Social	Facebook, Twitter, Instagram

Business Overview

Franchising Since	1972 (52 years)
# of employees at HQ	2,217
Where seeking	This company is offering new franchises throughout the US. This company is offering new franchises worldwide.
# of Units	1,501 (as of 2024)

Information for Franchisees

Here's what you need to know if you're interested in opening a Days Inn 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 Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$35,000
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$233,381 - $7,179,979
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	50% off application/franchise fees; development incentive of up to $4,000/room
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	5.5%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	3.8%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	20 years
Is franchise term renewable?	Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing	Days Inn by Wyndham offers in-house financing to cover the following: franchise fee, startup costs, inventory
Third Party Financing	Days Inn by Wyndham has relationships with third-party sources which offer financing to cover the following: startup costs, 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
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 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? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	No
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	No