Park Inn by Radisson vs GUESTHOUSE Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Park Inn by Radisson vs GUESTHOUSE including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
| Investment |
$3,692,674 - $20,934,027 | $118,000 - $1,918,500 |
| Franchise Fee |
$35,000 | $15,000 |
| Royalty Fee |
4.5% | 3%year1, 3.5%thereafter |
| Advertising Fee |
2% | 1.5% |
| Year Founded |
1986 | 1987 |
| Year Franchised |
2000 | 1987 |
| Term Of Agreement |
15 Year | 10 years, 5 years thereafter |
| Term Of Agreement |
15 Year | 10 years, 5 years thereafter |
| 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 |
- 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. | - |
Expansion Plans |
| US Expansion |
Yes | - |
| Canada Expansion |
Yes | No |
| International Expansion |
Yes | No |
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 GUESTHOUSE
GuestHouse International Inns Hotels and Suites evolved from the first
GuestHouse Inn & Suites in Little Rock AR in 1987 to become a leading mid-market brand with 70+ properties across America and China.
GuestHouse International's most popular standard amenities include complimentary continental breakfast, freshly baked Belgian waffles, 25" remote-controlled TV's with free sports, movie and all news channels, data ports, In-room coffeemakers, free parking, and high speed internet access.
The
GuestHouse International franchise support system is one of the best in the industry. Franchise Service Managers provide support from initial opening to front desk training to outside sales assistance. Our Brand Assurance team helps property managers maintain the highest possible standards to ensure guest satisfaction and increase success. InnLink Central Reservation Systems (located in
GuestHouse Int'l corporate headquarters) delivers GDS, voice and branded reservation services at
www.guesthouseintl.com.
Guest House International franchise agreements reward success and a true working relationship between owner and franchisor.
In December 2006,
GuestHouse International was purchased by Settle Inn LLC. In 2005 Settle Inn LLC, working with the AAFD, developed a franchise agreement that has been awarded the most franchise friendly contract in the lodging industry. As with Settle Inn LLC,
GuestHouse International is committed to delivering exceptional service to our franchisees.
The total investment necessary to convert an existing hotel into a
70-room GuestHouse Extended Stay Hotel is $118,000 to $1,918,500. This
estimate includes $21,000 to $22,000 that must be paid to the
franchisor.
The total investment necessary for a newly constructed
70-room GuestHouse Extended Stay Hotel is $3,765,500 to $7,369,000, excluding the cost of
purchasing or leasing land or any real estate taxes. This estimate
includes $21,000 that must be paid to the franchisor.
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