Hyatt vs The Red Collection Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hyatt vs The Red Collection including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$44,648,500 - $1,541,430,000 | $787,000 - $1,745,500 |
Franchise Fee |
$60,000 - $100,000 | $30,000 |
Royalty Fee |
- | - |
Advertising Fee |
- | - |
Year Founded |
1957 | 2017 |
Year Franchised |
2005 | 2017 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | - |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
About Hyatt
An upscale select service hotel with a modern attitude.
Designed for multi-tasking travelers seeking a select service hotel, Hyatt Place properties offer smart design and a relaxed setting with a 24/7 guest kitchen and grab n go case. Located in urban, airport and suburban areas, Hyatt Place features casual hospitality in a contemporary, technology-enabled environment. Sixteen new Hyatt Place hotels opened in North America in 2010 and more than 30 are under development in the U.S., India, Panama, Costa Rica and the Netherlands.
#81 on Franchise Rankings.com
About The Red Collection
Red Roof® properties, including The Red Collection, consistently outperform in the economy market and have some of the lowest fees in the industry.
Red Roof is expanding internationally to Brazil, Canada, Thailand, and Japan as well as across the U.S.A.
The total investment necessary to begin operation of a hotel
participating in The Red Collection franchise for a 65-room conversion
hotel ranges from $787,000 to $1,745,500. These amounts do not include
the cost of land or rent for the hotel location but do include the
approximately $57,500 to $62,000 that must be paid to the franchisor or
affiliate.