Radisson RED vs Trend Hotels and Suites by My Place Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Radisson RED vs Trend Hotels and Suites by My Place including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$7,180,738 - $33,494,350 | $180,050 - $2,848,700 |
Franchise Fee |
$75,000 | N/A |
Royalty Fee |
- | up to 5% |
Advertising Fee |
- | - |
Year Founded |
- | - |
Year Franchised |
- | - |
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 |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
Yes | - |
Company Overviews
About Radisson RED
Fueled by art, music and fashion.
Radisson RED is a new hotel philosophy where lifestyle, not luxury, is the inspiration.
Its design is bold, alive and inspirational. It connects with an ageless
mindset and sets expectations of an open, articulate and impeccably
delivered lifestyle select experience.
Radisson RED's flexible service concept include staff that caters to the DIY attitude
of our guests, and believe that hotels can enhance their world via art,
music and fashion.
About Trend Hotels and Suites by My Place
Trend Hotels & Suites by My Place is a collection of unique hotel assets assembled into a franchise system created for the purpose of providing collective intelligence, support, strength, and value to each individual hotelier by deploying the strong fundamentals and culture of the My Place organizations, principles, and people.
Trend Hotels & Suites by My Place was inspired by the actual needs of hundreds of hoteliers today.