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Updated RecentlyPark Inn by Radisson vs Staybridge Suites Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Park Inn by Radisson vs Staybridge Suites including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $3,692,674 - $20,934,027 | $15,352,595 - $22,436,565 |
| Franchise Fee | $35,000 | $55,000 |
| Royalty Fee | 4.5% | 5% |
| Advertising Fee | 2% | - |
| Year Founded | 1986 | 1998 |
| Year Franchised | 2000 | 1998 |
| Term Of Agreement | 15 Year | - |
| Term Of Agreement | 15 Year | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| 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 |
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| Training |
| - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | 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 advertising | Ad Templates National Media SEO Website development Loyalty program/app |
| Operations |
Number of employees needed to run franchised unit: 20 - 25
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | Yes | - |
| International Expansion | Yes | - |
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 Staybridge Suites
Staybridge Suites is an innovative all-suite hotel meeting the needs of extended-stay guests. Staybridge Suites offers its developers a flexible hotel building design with a mixture of suite options to suit your market, site identification, architectural planning assistance and power of InterContinental Hotels Group enterprise values. Make It Your Place(R).