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Updated RecentlyMainstay Suites vs The Red Collection Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Mainstay Suites vs The Red Collection including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $290,825 - $13,479,816 | $787,000 - $1,745,500 |
| Franchise Fee | $30,000 | $30,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | 2.5% | - |
| Year Founded | - | 2017 |
| Year Franchised | - | 2017 |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| 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 | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Mainstay Suites
Strong brand for the strong midscale, extended-stay market.
MainStay Suites® is an all suites extended stay brand that
helps guests maintain their lifestyle during time away from home.
Designed with welcoming, residential style architecture, MainStay Suites
hotels feature multiple suite types, regional exterior options and the
amenities to help guests live like home.
About The Red Collection
!["The]("https://fddexchange.com/wp-content/uploads/2021/01/The-Red-Collection-300x99.jpg")
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.