Park Inn by Radisson vs Candlewood Suites Franchise Comparison

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

Start-Up Costs and Fees
 
Park Inn by Radisson Franchise
Candlewood Suites Franchise
Investment $3,692,674 - $20,934,027$7,807,040 - $10,716,900
Franchise Fee $35,000$50,000
Royalty Fee 4.5%5%
Advertising Fee 2%-
Year Founded 19861995
Year Franchised 20001996
Term Of Agreement 15 Year-
Term Of Agreement 15 Year-
Renewal Fee --


Business Experience Requirements
 
Park Inn by Radisson Franchise
Candlewood Suites Franchise
Experience --

Financing Options
 
Park Inn by Radisson Franchise
Candlewood Suites Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/Yes
Start-up Costs No/No-/Yes
Equipment No/No-/Yes
Inventory No/No-/Yes
Receivables No/No-/Yes
Payroll No/No-/Yes

Training & Support
 
Park Inn by Radisson Franchise
Candlewood Suites 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
 On-The-Job Training: Varies Classroom Training: Varies
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesMeetings/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 Loyalty program/app
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
Candlewood Suites Franchise
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 Candlewood Suites

At Candlewood Suites® hotels we offer a more casual kind of longer stay, where you’ll always feel at home, at your best and really productive while on the road. All of our locations throughout the Americas are easily accessible and we’re always opening new hotels, so guests can book a spacious suite whenever and wherever it works for them.
Candlewood Suites gives you the amenities that make you feel at home. Fully-equipped suites, room to spread out, space to work and space to relax.