Baymont Inn and Suites Franchise Review

Baymont Inn & Suites is a hotel franchise founded in 1973 and has been providing lodging to business and leisure travellers across the United States. Baymont Inn & Suites has a strong parent company behind it- The Wyndham Worldwide’s Wyndham Hotel Group, is the world’s largest lodging franchisor. The company operates a chain of about 115 hotels located in about 30 states (most in Wisconsin and Florida). About half are franchised while the rest are company owned.With easy access to the interstate, the Baymont Inn & Suites provides the basics at bare-bone prices. Each location features pay-per-view movies and video games, non-smoking and handicapped-accessible rooms. A typical Baymont Inn & Suites hotel has 60 to 120 rooms. The rooms range from standards with a king or two double beds to a two-room suite. Each room has a coffee maker, hair dryer, an iron and ironing board. The suites and some standard rooms have fridges and microwaves. USA Today is available at a rack in the lobby. A continental breakfast plus make-your-own waffles gets your day off to a good start. Activity areas include an outdoor pool and a fitness center and, for activity of a more mundane sort, a guest laundry. The Baymont is also pet friendly at no extra charge.Inside you will also find a courteous and helpful staff and guest rooms with lots of extras. Baymont Inn & Suites is also an affordable business hotel featuring data computer ports, working desks with ergonomic chairs, and a business center at the front desk. Free high-speed internet access is in the lobby and offers conference rooms and fax services. Baymont gets high marks for its cleanliness and service at great a value.Catering to both business and leisure travellers and being positioned to offer value has helped Baymont expand its market. Today, Baymont Inn & Suites continues to grow, as the company focuses on conversions as its key opportunity and is looking to expand into more urban areas. The franchise is also seeking to expand globally. As a matter of fact, in 2009, Baymont opened its first international location in Canada.Baymont Inn & Suites has a reasonable franchise fee that ranges from $26,000 to $28,000. With an estimated total investment of $178,490- $5,280,000 and an ongoing royalty fee of 5%, training and ongoing support is provided. This will cover the regional workshops (usually lasts for 1 to 3 days with customized property training that varies with fees), newsletter, meetings, toll-free phone line, grand opening, internet, field operations and evaluations and purchasing cooperatives. Marketing support like ad slicks, national media is also provided. The company also allows absentee ownership.As a prospected franchise owner, you can take maximum advantage of exceptional growth opportunities throughout the United States and Canada. In fact, others already have. Over 7% of all Baymont franchisees own more than one unit.When looking to start any business it is important, particularly considering today’s market, that you look for specific ways to cut minimize or reduce overhead and risk. Any business is going to have risk, but it is important to have a full understanding of the amount of investment, start-up cost and “ROI” (Return on Investment).Most people are not aware that 80% of ALL franchise endeavours fail in the first two to five years leaving large debts looming for years thereafter.One way and in my opinion the best way to cut overhead, start-up and investment cost is to take advantage of the new age of entrepreneurship and start a business from the comfort of your home. Opportunities have emerged in the online market that are creating millionaires every single day. Learn more about the exciting opportunities tied to a business model that begins profitable by visiting: http://whatsbetterthanafranchise.com.