Park Inn by Radisson vs Vagabond Inns Franchise Comparison

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

Start-Up Costs and Fees
 
Park Inn by Radisson Franchise
Vagabond Inns Franchise
Investment $3,692,674 - $20,934,027$2,800,000 - $5,800,000
Franchise Fee $35,000$20,000
Royalty Fee 4.5%2.5%
Advertising Fee 2%-
Year Founded 19861958
Year Franchised 20002000
Term Of Agreement 15 Year20 years
Term Of Agreement 15 Year20 years
Renewal Fee --


Business Experience Requirements
 
Park Inn by Radisson Franchise
Vagabond Inns Franchise
Experience --

Financing Options
 
Park Inn by Radisson Franchise
Vagabond Inns 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
 
Park Inn by Radisson Franchise
Vagabond Inns Franchise
Training
  • 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, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
Operations

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

Absentee ownership of franchise is allowed.

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Expansion Plans
 
Park Inn by Radisson Franchise
Vagabond Inns Franchise
US Expansion Yes-
Canada Expansion YesNo
International Expansion YesNo

Company Overviews

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

About Vagabond Inns

Golden Opportunity in the Golden State

We welcome the opportunity to discuss with you the advantages of becoming part of Vagabond Inn.
Vagabond Inn offers 50 years of brand identity as well as industry leading technology that allows you to maximize your revenue.
Based in Los Angeles, California, Vagabond Inn Corporation operates and provides franchise services to more than 40 hotels throughout the U.S. West Coast.
Vagabond Inn is also an approved member of the Franchise Registry which provides improved financing for future and existing Vagabond Inn franchises.