Park Inn by Radisson vs Knights Inn Franchise Comparison

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

Start-Up Costs and Fees
	Park Inn by Radisson Franchise	Knights Inn Franchise
Investment	$3,692,674 - $20,934,027	$93,000 - $6,277,500
Franchise Fee	$35,000	$7,000
Royalty Fee	4.5%	$21/rm./mo.
Advertising Fee	2%	-
Year Founded	1986	1972
Year Franchised	2000	1991
Term Of Agreement	15 Year	-
Term Of Agreement	15 Year	-
Renewal Fee	-	-
Business Experience Requirements
	Park Inn by Radisson Franchise	Knights Inn Franchise
Experience	-	-
Financing Options
	Park Inn by Radisson Franchise	Knights Inn Franchise
	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
	Park Inn by Radisson Franchise	Knights Inn 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.	-
Expansion Plans
	Park Inn by Radisson Franchise	Knights Inn Franchise
US Expansion	Yes	Yes
Canada Expansion	Yes	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 Knights Inn

With about 200 properties - most ideal off major U.S. what's more, Canadian interstates - Knights Inn is an inn network on a mission: to be the favored economy/spending brand for voyagers searching for clean rooms, well disposed administration, and incredible esteem.

As a Knights Inn franchisee, you'll appreciate two upper hands: a very perceived roadside name and steadfast clients. The economy/spending fragment is an extending market, especially on the recreation side, making Knights Inn lodgings consummately situated to serve esteem cognizant clients: families, seniors and mid-level business voyagers.

This inn network has been around quite a while and individuals know the name by heart. Strong organization.