WoodSpring Suites vs Ramada
Franchise Comparison 2026
Both WoodSpring Suites and Ramada are lodging franchises. WoodSpring Suites requires an investment of $8.8M – $14.6M while Ramada requires $238K – $24.6M. WoodSpring Suites discloses average revenue of $2.1M; Ramada does not report Item 19 data. On SBA loan performance, WoodSpring Suites has a lower charge-off rate (0.0%) compared to Ramada (17.2%). FranchiseVerdict rates WoodSpring Suites A (Top Quintile) and Ramada C (Average).
| Metric | WoodSpring Suites | Ramada |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | CAverageAverage |
| Investment Range | $8.8M – $14.6M | $238K – $24.6M |
| Franchise Fee | $50K | $35K |
| Royalty Rate | 6.0% | 5.0% |
| Average Revenue (Item 19) | $2.1M | N/A |
| SBA Charge-Off Rate | 0.0% (11 loans) | 17.2% (633 loans) |
| Total Units | 284 | 247 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 1968 | 1989 |
| FDD Year | 2026 | 2026 |
Investment Range
$8.8M – $14.6M
$238K – $24.6M
Franchise Fee
$50K
$35K
Royalty Rate
6.0%
5.0%
Average Revenue (Item 19)
$2.1M
N/A
SBA Charge-Off Rate
0.0% (11 loans)
17.2% (633 loans)
Total Units
284
247
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1968
1989
FDD Year
2026
2026