Red Roof Inn vs Park Inn by Radisson Franchise Comparison

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

Start-Up Costs and Fees
 
Red Roof Inn Franchise
Park Inn by Radisson Franchise
Investment $203,500 - $5,456,700$3,692,674 - $20,934,027
Franchise Fee $30,000$35,000
Royalty Fee 4.5%4.5%
Advertising Fee 4%(Marketing & Reservation Fee)2%
Year Founded 19671986
Year Franchised 19962000
Term Of Agreement 20 years15 Year
Term Of Agreement 20 years15 Year
Renewal Fee 50% of current franchise fee-


Business Experience Requirements
 
Red Roof Inn Franchise
Park Inn by Radisson Franchise
Experience
  • General business experience
    		• -

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

    Training & Support
     
    Red Roof Inn Franchise
    Park Inn by Radisson Franchise
    Training On-The-Job Training: Varies Classroom Training: 40 hours Additional Training: Regional workshops
    • 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 Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet PlatformNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/appCo-op advertising, Ad slicks, National media, Regional advertising
    Operations Number of Employees Required to Run: 10

    10% of all franchisees own more than one unit

    Absentee ownership of franchise is allowed. (60% of current franchisees are owner/operators)

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

    Absentee ownership of franchise is allowed.

    Expansion Plans
     
    Red Roof Inn Franchise
    Park Inn by Radisson Franchise
    US Expansion YesYes
    Canada Expansion NoYes
    International Expansion YesYes

    Company Overviews

    About Red Roof Inn

    Congratulations! You have made the first step in learning more about how you can join the Red Roof family. Here you will learn how you're making a smart decision by choosing to become a Red Roof franchisee. A Smart-By-Design Franchise Opportunity, A Red Roof franchise has been an extraordinarily positive experience from almost all standpoints; customer service, design help, purchasing efficiencies, brand loyalty and, most importantly, reservations. The brand has consistently performed extremely well in good and bad economic times and often punched above its weight and rate. Brand changes are always done by considering franchisee needs while ensuring the customer gets the most value for their money. The company has also been very adaptive changing customer demographics and has adapted both its physical plant and virtual image to appeal to a broad cross section of travelers. 98% of current Red Roof franchisees would recommend a Red Roof franchise to other entrepreneurs. Red Roof is securely positioned in the upper-end of the economy segment with RevPARs currently averaging 21% higher than competing economy hotels in the markets in which we compete. Our Smart-by-Design approach to franchising is evident in everything we do, from exciting new prototypes and conversion plans to day-to-day operations training. We focus on the details that keep our guests coming back and our franchisees successful. With a seasoned management team and a focus on the success of one outstanding brand, Red Roof is truly redesigned and rededicated to become the best franchise opportunity in the economy segment.

    "Entrepreneur

    #66 in Franchise 500 for 2020.
    #134 in Franchise 500 for 2021.


    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