HomeTowne Studios vs Hotel RL Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of HomeTowne Studios vs Hotel RL including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
HomeTowne Studios Franchise
Hotel RL Franchise
Investment $345,500 - $1,238,500$1,335,000 - $36,191,500
Franchise Fee $30,000$40,000 - $75,000
Royalty Fee 3%5%
Advertising Fee -3.5%
Year Founded 20172005
Year Franchised 20172005
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
HomeTowne Studios Franchise
Hotel RL Franchise
Experience --

Financing Options

 
HomeTowne Studios Franchise
Hotel RL Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
HomeTowne Studios Franchise
Hotel RL Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
HomeTowne Studios Franchise
Hotel RL Franchise
US Expansion YesYes
Canada Expansion --
International Expansion No-

Company Overviews

About HomeTowne Studios

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HomeTowne Studios by Red Roof is an extended stay hotel with flexible daily, weekly, and monthly rate options.
• Fully Furnished Rooms
• Kitchen
• Full Sized Refrigerator
• Microwave
• 2-Burner Stove Top
• Kitchen Table with Chairs
• Weekly House Keeping
• On-site Laundry
• Free High-Speed WiFi
• HD Flat Screen TV
• Extended Cable Package
• Free Domestic Phone Service
• All Inclusive Pricing - No Utility Bills!
• Rate Options: Daily, Weekly, Monthly

The total investment necessary to begin operation of a HomeTowne Studios by Red Roof or a Home Town Inn lodging franchise for a 65-room conversion hotel ranges from $345,500 to $1,238,500. These amounts do not include the costs of land, original construction or acquisition, or ground or building lease rent for the hotel location but do include the approximately $56,500 to $62,000 that must be paid to the franchisor or an affiliate.



About Hotel RL

"Hotel

Hotel RL is an experience of all things authentic, creative and curious. Offering a taste of the local scene in a laid-back environment, we invite open-minded travelers to work, play and pursue their passions freely. Made for explorers and curious minds, Hotel RL captures the spirit of adventure and creativity within comfortable and modern conveniences designed for a new generation of traveler, complete with exciting lobbies, free Wi-Fi, trained Victrola Coffee baristas, performance spaces, and more surprises along the way.   Stay Curious.

The total investment necessary to begin operation of a 150-room Hotel RL Hotel with a minimal food and beverage offering is estimated to range between $27,849,250 to $36,191,500 for new development and $1,335,000 to $4,001,500 for conversion hotels. These amounts include $90,500 to $111,000 that must be paid to the franchisor. These amounts do not include the cost of purchasing or leasing land or any real estate taxes.