The first Ramada opened to the public in 1954, serving travelers along Route 66 in Flagstaff, Arizona. Its founding team was comprised of a group of entrepreneurs and investors. The concept for Ramada was to give travelers hotel-quality accommodations in an affordable roadside motel. The Ramada brand is currently owned by Wyndham Worldwide.
Start-up Cost: $236.35K - 11.75M
In 1973, builder James Trueman opened the first Red Roof Inn in Columbus, Ohio. Trueman’s concept of providing great value for travelers (on opening day, rooms were around $8.00 per night) caught on. Red Roof has over 300 locations around the country, serving millions of customers and employing thousands.
Start-up Cost: $3.75M - 4.95M
More than 650 Results! independent agencies in the United States. The company offers a unique opportunity, allowing already-established travel agencies to buy in and benefit from their contacts and resources while keeping their own unique brand identity. The Results! venture was formed in 2000 and has headquarters in Fairfield, Connecticut.
Start-up Cost: $0.03K - 10.43K
Studio 6 was opened by Motel 6 in 1998 with a focus on accommodating extended-stay lodgers. Studio 6 rooms are equipped with full kitchens and office areas for business travelers, and the company aims to create a homelike atmosphere for its guests. There are now over 60 Studio 6 Extended Stay hotels in the United States and Canada.
Start-up Cost: $3.84M - 4.72M
The first ever Super 8 Hotel was opened in Aberdeen, South Dakota in 1974. Guests were charged $8.88 per night to stay there, hence the hotel’s name. Super 8 is owned by Wyndham Worldwide, which also owns Days Inn Worldwide, Ramada Worldwide, Wingate by Wyndham, Travelodge, Knights Franchise Systems, Baymont Inns & Suites, Microtel, Hawthorne Suites, and Wyndham Hotels & Resorts.
Start-up Cost: $169.27K - 3.57M
The largest network of travel agencies in North America, the Travel Leaders group includes more than 1,200 separate units providing travel brokering services to clients in the United States. With such a vast network of providers, Travel Leaders franchises are able to give customers customized travel packages at discounted rates.
Start-up Cost: $2.85K - 12.82K
The first Travelodge opened in 1940, just the next venture of already successful hotel entrepreneur Scott King. King owned and operated several popular hotels in Southern California. Travelodge continues to practice King’s concept of bringing people as close to family adventure destinations as possible. The franchise now operates as part of the Wyndham Hotel Group, along with other hotel chains like Howard Johnson, Knights Inn, and Microtel.
Start-up Cost: $189.85K - 6.37M
Jack DeBoer, a hotel industry magnate, founded Value Place in 2003. He opened the first location in Wichita, Kansas. The Value Place concept includes providing longer-term lodging with comfortable apartment-style suites and offering amenities like full kitchens and on-site laundry facilities. Today, 175 Value Place extended-stay hotels are open in the U.S.
Start-up Cost: $3.32M - 4.86M
This hotel chain started as Wingate Inn in 1996. In 2007, it became a part of the Wyndham family of hotels, alongside names like Ramada Worldwide, Microtel, and Knights Inn. Wingate specializes in accommodating leisure and business travelers alike, providing complimentary breakfast buffets at every location, available conference rooms, internet service, and more to each guest. The number of Wingate franchises is now at more than 150 locations and counting.
Start-up Cost: $5.84M - 7.67M
Trammell Crow founded Wyndham Hotel Corporation in 1981 in Dallas, Texas. Since then, the company has acquired several hotel chains and rebranded them under the Wyndham name. Wyndham Hotels and Resorts now operate under the Wyndham Group (formerly Cendant) which includes many major hotel franchise brands including Travelodge, Super 8, and Ramada.
Start-up Cost: $602.5K - 58.78M