Hospitality vs Park Inn by Radisson Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hospitality vs Park Inn by Radisson including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Hospitality Franchise
Park Inn by Radisson Franchise
Investment $133,600 - $2,602,000$3,692,674 - $20,934,027
Franchise Fee $5,000 - $15,000$35,000
Royalty Fee $35/rm/night4.5%
Advertising Fee -2%
Year Founded 19711986
Year Franchised 19822000
Term Of Agreement 5 years15 Year
Term Of Agreement 5 years15 Year
Renewal Fee --


Business Experience Requirements
 
Hospitality Franchise
Park Inn by Radisson Franchise
Experience --

Financing Options
 
Hospitality Franchise
Park Inn by Radisson Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/NoNo/No
Start-up Costs No/NoNo/No
Equipment No/NoNo/No
Inventory No/NoNo/No
Receivables No/NoNo/No
Payroll No/NoNo/No

Training & Support
 
Hospitality Franchise
Park Inn by Radisson Franchise
Training Classroom Training: 10.5 hours Additional Training: At regional training seminars
  • Pre-Opening assistance includes: consultation services; hotel operations assistance; purchasing programs; standards manuals; training programs
  • Ongoing assistance includes: consultation services; purchasing, training and marketing programs; reservation system access; hotel inspections
  • Revenue optimization tools
  • Look To Book, an innovative, patented reward program for travel agents
  • A dedicated brand sales team
  • Social media expertise and support
  • Strategic alliance with the world's leading business travel management company, CWT
  • A dedicated field operations team
  • Dedicated revenue specialists
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Ad Templates Regional Advertising Social media Website development Email marketing Co-op advertising, Ad slicks, National media, Regional advertising
Operations 50% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 15

Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)

Number of employees needed to run franchised unit: 20 - 25

Absentee ownership of franchise is allowed.

Expansion Plans
 
Hospitality Franchise
Park Inn by Radisson Franchise
US Expansion YesYes
Canada Expansion YesYes
International Expansion YesYes

Company Overviews

About Hospitality

Southern Scottish Inns Inc. and Red Carpet Inns Int'l. Inc. founded Hospitality Int'l. Inc. in 1982.

"Entrepreneur
#446 in Franchise 500 for 2020.

About Park Inn by Radisson

Park Inn® by Radisson is a colorful and dynamic, upper midscale hotel brand aimed at tech savvy, youthful travelers who know what they want from a hotel stay and also seek value for money. Accessible and inclusive, the brand is friendly, positive, vibrant and uncomplicated, providing both business and leisure travelers with the affordable hotel experience they desire. From functional rooms to flexible meeting spaces, the guest experience is designed to be totally reliable and hassle-free. Ideal for conversions and new builds, Park Inn by Radisson is an energetic hotel brand with unexpected touches of iconic contemporary design. The hotels can be found in capital cities and economic hubs-often close to city centers, airports and railway stations. Our initial fees are $350/room, $35,000 minimum