Ramada franchise
2025 filing · March 31, 2025Fewer locationsShares sales figures
Ramada at a glance
A midscale hotel offering overnight rooms as a Ramada or Ramada Plaza. At the end of 2024 there were 264 Ramada locations in the US, all franchised.
The business
- Industry
- Hotel
- Franchisor
- Ramada Worldwide Inc
- The company that sells the franchises
- Current franchisor selling since
- 1989
- 36 years of selling franchises
- Franchisor based in
- Parsippany, New Jersey
What you pay
- Cost to open
- $235K–$8.84M
- Conversion of an existing hotel, from a 100-room Ramada to a 150-room Ramada Plaza, excluding land
- Franchise fee
- $35,000
- $350 per room with a $35,000 minimum.
- Royalty
- 5% of room revenue
- 5% of gross room revenues, paid monthly
- Territory
- Limited
- Limited protection
- Franchisor financing
- Some financing offered
Where it is
- US locations, 2024
- 264
- Franchised and company-owned
- Franchised
- 264
- Company-owned
- 0
- Change in 3 years
- −53
- Franchised locations, 2022–2024
- States
- 46
- Most in California, Florida and Texas
From Ramada Worldwide Inc’s 2025 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Ramada among all franchises with the same figure.
| Figure | Ramada | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $4,537,824 | Costs more than 96% of franchises |
| Franchise feePaid once, when you sign | $35,000 | Lower than 61% of franchises |
| RoyaltyShare of sales paid to the franchisor | 5% | Lower than 69% of brands with a set rate |
| US locationsFranchised and company-owned | 264 | More than 89% of franchises |
How much a Ramada franchise costs
Opening conversion of an existing hotel, from a 100-room Ramada to a 150-room Ramada Plaza, excluding land costs an estimated $235,322 to $8,840,326. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: Ramada Worldwide Inc, 2025 filing, page 1
Ramada franchise fee
The franchise fee is $35,000, $350 per room with a $35,000 minimum.. You pay it when you sign the franchise agreement.
Source: Ramada Worldwide Inc, 2025 filing, page 27
Royalty and ongoing fees
| Royalty | 5% of gross room revenues, paid monthly. |
|---|---|
| Relicense Fee (Transfers) | Currently, equal to the greater of $35,000 or $350 per room |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Ramada Worldwide Inc, 2025 filing, page 29
Other fees as filed, from page 30. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Ramada publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Ramada Worldwide Inc, 2025 filing, page 91
SBA loans to Ramada franchisees
Lenders approved 530 SBA-backed loans for Ramada franchisees from 1990 to 2026, $788.8M in all: 351 7(a) loans and 179 504 loans. Of the 466 that have ended, 388 were paid in full and 78 were charged off (16.7%). The other 64 haven’t ended yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
Growth and closures
Share of franchised locations, 2024 / 2022–2024. Typical means the median: half of brands are above it, half below.
| Measure | Ramada | Typical hotel brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | −5.4% / −17% | +2.1% / +9.7% | +1.2% / +10% |
| ClosuresTerminated, not renewed or stopped operating | 11% / 27% | 3.1% / 14% | 3.9% / 16% |
| Bought backLocations the franchisor took back | 0% / 0% | 0% / 0% | 0% / 0% |
Typical hotel brand is the median of the 47 brands in hotel franchises with three years of counts.
How Ramada compares
Of the 116 hotel franchises on this site, Ramada is the 17th cheapest to open and the 24th largest by number of locations.
| Figure | Ramada | Typical hotel brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $235K | $9.44M | $222K |
| Cost to open, high end | $8.84M | $21.3M | $477K |
| Franchise fee | $35K | $54K | $40K |
| Royalty | 5% | 5% | 6% |
| US locations | 264 | 37 | 21 |
| Shares earnings figures | Yes | 71 of 116 | 2,147 of 3,352 |
Typical is the median across the 116 brands in hotel franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2021 | 317 (−4) | 0 | – | – |
| 2022 | 298 (−19) | 0 | +7 | −26 |
| 2023 | 279 (−19) | 0 | +10 | −29 |
| 2024 | 264 (−15) | 0 | +15 | −30 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: hotel franchise costs and franchise failure rates.
Over 4 years, from the start of 2021 to the end of 2024, franchised locations went from 321 to 264 (−57, −18%). The earlier years come from the brand's 2024 filing.
Source: Ramada Worldwide Inc, 2025 filing, page 94
2021: Ramada Worldwide Inc, 2024 filing, page 95
Where Ramada locations are
At the end of 2024, Ramada had franchised locations in 46 states. The most are in California, Florida and Texas.
- California31
- Florida19
- Texas14
- New York11
- Georgia10
- New Jersey10
| State | Franchised |
|---|---|
| California | 31 |
| Florida | 19 |
| Texas | 14 |
| New York | 11 |
| Georgia | 10 |
| New Jersey | 10 |
| Pennsylvania | 9 |
| Washington | 9 |
| North Carolina | 8 |
| Illinois | 7 |
All 46 states
Source: Ramada Worldwide Inc, 2025 filing, page 97
Who owns Ramada?
Ramada franchises are sold by Ramada Worldwide Inc. It is a subsidiary of Wyndham Hotel Group, LLC.
Ramada is one of the 21 Wyndham Hotels & Resorts brands here. Wyndham Hotels & Resorts is a public company based in Parsippany, New Jersey. Its shares trade on the New York Stock Exchange as WH.
From Ramada Worldwide Inc’s 2025 filing, page 9; Wyndham Hotels & Resorts.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | Yes. The filing describes past or pending cases involving the franchisor, its affiliates or its executives on pages 20–26. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Ramada Worldwide Inc, 2025 filing, litigation on pages 20–26, bankruptcy on page 26
Ramada filings
A franchisor files a new disclosure each year it sells franchises. The figures on this page come from Ramada Worldwide Inc’s 2025 filing, issued March 31, 2025; the earlier ones below are on record with the Minnesota Department of Commerce and fill in older location counts.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2025 filing | March 31, 2025 | Minnesota | Costs, fees and locations, 2022–2024 |
| 2024 filing | – | Minnesota | Locations, 2021 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other hotel franchises
All hotel franchises
Other brands from Wyndham Hotels & Resorts: AmericInn, Baymont by Wyndham, Days Inn, Dazzler Select by Wyndham, Dolce Hotels and Resorts, ECHO Suites Extended Stay by Wyndham, Hawthorn Suites by Wyndham, Howard Johnson and 12 more. See all 21 in the finder