InterContinental Hotels Group vs Red Carpet Inn Franchise Comparison

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

Start-Up Costs and Fees

 
InterContinental Hotels Group Franchise
Red Carpet Inn Franchise
Investment $70,494,125 - $103,087,610$133,600 - $2,602,000
Franchise Fee $75,000$6,000 - $16,000
Royalty Fee 5%3%
Advertising Fee -2.5%
Year Founded 19521982
Year Franchised 19541982
Term Of Agreement Varies; avg. 10 years-
Term Of Agreement Varies; avg. 10 years-
Renewal Fee Varies-


Business Experience Requirements

 
InterContinental Hotels Group Franchise
Red Carpet Inn Franchise
Experience --

Financing Options

 
InterContinental Hotels Group Franchise
Red Carpet Inn Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables No/Yes-/-
Payroll No/Yes-/-

Training & Support

 
InterContinental Hotels Group Franchise
Red Carpet Inn Franchise
Training On-The-Job Training Classroom Training -
Support Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform -
Marketing Co-op advertising, Ad slicks, National media, Regional advertisingHospitality 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 1% of all franchisees own more than one unit

Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

-

Expansion Plans

 
InterContinental Hotels Group Franchise
Red Carpet Inn Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion Yes-

Company Overviews

About InterContinental Hotels Group

InterContinental Hotels Group is a leading global hospitality group, with more than 3,500 hotels and 534,000 guest rooms across nearly 100 countries and territories. Every year more than 120 million people find a welcome at one of our lodging brands.

""  

"Entrepreneur
#483 in Franchise 500 for 2020.


About Red Carpet Inn

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.

 
Since their inception, Red Carpet Inn and Red Carpet Inn & Suites have provided a great value in the franchise arena for owners who seek to maximize the "bottom line" of their investments and the opportunity of managing their own facilities and room rates. They are easily able to meet the requirements dictated by their local markets while maintaining reasonable franchise standards and receiving the benefits of belonging to a franchise system.
 
Services to our franchisees are designed to streamline and simplify the owner's efforts in maintaining and marketing their investments. As a franchisee of Hospitality International, Inc., you can expect no costly surprises and fair, consistent treatment and respect from your corporate franchise staff. You can also rely on personal and prompt common sense service.