TRYP by Wyndham FDD Summary
Type of Business
The franchisee will operate a TRYP by Wyndham® guest lodging facility, offering overnight accommodations and related services.
Corporate Information
TRYP Hotels Worldwide, Inc. is a Delaware corporation, incorporated on June 2, 2010. Their principal business address is 22 Sylvan Way, Parsippany, New Jersey 07054.
Investment
The total investment necessary to begin operation of a TRYP by Wyndham franchise for a 150 room new construction facility ranges from $13,197,947 to $22,345,559. The total investment necessary to begin operation of a TRYP by Wyndham franchise for a 150 room conversion facility ranges from $743,675 to $11,088,859. Land acquisition costs are not included in these ranges. The above amounts include a range of $112,255 to $261,465 that must be paid to the franchisor or an affiliate.