Microtel Inn & Suites by Wyndham is an economy hotel offering modern accommodations and affordable rates. The franchise focuses on providing clean, comfortable rooms with essential amenities for travelers.
Key Insights
- Microtel Inn & Suites by Wyndham, established with a focus on efficiency and guest value, offers a distinct lodging experience. The franchise has grown organically, emphasizing straightforward operations and a consistent product across its locations, built on a foundation of providing reliable accommodations.
- The business operates through a franchise model, providing established brand recognition and operational support to its franchisees. This approach allows for scalable growth while maintaining a cohesive brand identity within the hospitality sector, catering to travelers seeking predictable comfort.
- Operating within the extended-stay and midscale hotel segment of the broader travel and tourism industry, Microtel Inn & Suites by Wyndham addresses a consistent demand for comfortable and accessible lodging. The franchise is positioned to serve a wide range of travelers.
Franchise Fee and Costs to Open
Exploring the financial picture of Microtel Inn & Suites by Wyndham gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $7,200,444 - $9,171,777, along with a franchise fee of $40,000 - $40,000.
Financial Performance and Revenue
Training and Resources
Microtel Inn & Suites by Wyndham provides comprehensive training for new franchisees. This program offers a structured learning experience. Initial training is approximately two weeks and is conducted at a dedicated Wyndham training facility. The franchisor also offers ongoing operational and marketing resources to support business growth.
Legal Considerations
Legal considerations for a Microtel Inn & Suites by Wyndham franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Operating a Microtel Inn & Suites by Wyndham franchise presents several considerations. Understanding the local competitive landscape, including existing hotel offerings and emerging disruptors, is key. Franchisees must navigate the complexities of daily operations, from staffing and guest service to property maintenance. Furthermore, maintaining consistent supply chain access for essential goods and services, like linens and cleaning supplies, requires strategic planning to ensure seamless operations and guest satisfaction.
Franchise Datasheet
FAQs
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