Park Inn by Radisson vs Kimpton Hotels & Restaurants Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Park Inn by Radisson vs Kimpton Hotels & Restaurants 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 | $49,789,087 - $70,127,050 |
| Franchise Fee |
$35,000 | $75,000 |
| Royalty Fee |
4.5% | 5% |
| Advertising Fee |
2% | - |
| Year Founded |
1986 | - |
| Year Franchised |
2000 | - |
| Term Of Agreement |
15 Year | - |
| Term Of Agreement |
15 Year | - |
| 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 | Yes |
| Canada Expansion |
Yes | - |
| International Expansion |
Yes | 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 Kimpton Hotels & Restaurants
At Kimpton, it’s always personal. We focus on what it means to be human and an individual. You’ll quickly learn Kimpton’s not just a hospitality job. Here, you’ll join a mission to make lives better. No biggie.
The real you is a job requirement; your diverse background, talents, and quirks are what help our company connect meaningfully with our guests. You’ll lead your own personal career path while you help make each guest’s journey feel more personal. You won’t just punch a clock and count the hours; you’ll make it count.
That’s why FORTUNE magazine has put Kimpton on its “Best Companies To Work For” list nine times. It’s why we score 100 on the Human Rights Campaign Foundation’s Corporate Equality Index every year. Our guests feel it too - it’s why we’re consistently ranked as a best-loved hospitality company.
Our thriving company culture, numerous hospitality career tracks, and rich benefits and perks also make us one of the best places to work. We take care of all of our people with great benefits, like paid time off; medical, dental, and vision plans; life, short-term, and long-term disability insurance; 401(k) with employer matching; 6 weeks paid paternity/maternity leave; back-up child and elder care; robust professional and personal development through our own Kimpton University; and employee discounts at our 60+ hotels nationwide.
Plus, we throw in some extra Kimpton-style perks, like wellness programs and, of course, pet insurance.
We’re a best place to work because we’re driven by our passion for unscripted, heartfelt care. From the first whirl of a hula hoop at your employee orientation (yes, it happens) to every Kimpton Moment thereafter, you’re going to love it here as much as our guests do.
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