|
Below is an in-depth analysis and side-by-side comparison of @LodgingOrg vs Red Carpet Inn including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | N/A | $133,600 - $2,602,000 |
Franchise Fee | N/A | $6,000 - $16,000 |
Royalty Fee | 0 | 3% |
Advertising Fee | - | 2.5% |
Year Founded | 2013 | 1982 |
Year Franchised | 2013 | 1982 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | - |
Support | Grand opening, Internet, Field operations/evaluations | - |
Marketing | - | Hospitality International's Marketing Team works in concert with the Franchise Development Team for the purpose of finding new resources to attract new guests and to retain the current guest base of our franchised locations. In addition, the two teams collaborate to discover creative and cost effective ways to promote Hospitality International's five brands to encourage brand recognition and loyalty. Increasing Reservations is a key component of the Marketing Department's responsibility. Therefore, Corporate Discount Programs, Advertising and E-commerce efforts all combine to support and enhance our Reservation Services. Local Marketing efforts and Training opportunities are discussed in the Support & Benefits section of this site. Logos divider |
Operations | - | |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
@LodgingOrg will market you better and save you money! The @LodgingOrg strategy combines AAA, Twitter, Save Your Receipt.Org, and the @ logo with a 20 mile protected area. With the @ logo at the beginning of your name, your name, your logo, and your Twitter address will be at the top of every alphabetical list online/offline, tour books, chamber sites, and all the white/yellow page books you are in. Twitter users will be compelled to check you out on Twitter. When they read your bio they will discover a 20% discount for following you and a toll free number to make a reservation. Your @LodgingOrg franchise is free and there are no contracts to sign. Our web site is supported by our vendors advertising budgets.
The Red Carpet Inn brand has been a stable entity in the lodging industry since 1968. Locations include limited and full-service facilities in the economy to mid-level price ranges.