Radisson RED vs The Luxury Collection Franchise Comparison

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

Start-Up Costs and Fees
 
Radisson RED Franchise
The Luxury Collection Franchise
Investment $7,180,738 - $33,494,350$138,156,490 - $214,086,490
Franchise Fee $75,000N/A
Royalty Fee --
Advertising Fee --
Year Founded --
Year Franchised --
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Radisson RED Franchise
The Luxury Collection Franchise
Experience --

Financing Options
 
Radisson RED Franchise
The Luxury Collection Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Radisson RED Franchise
The Luxury Collection Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Radisson RED Franchise
The Luxury Collection Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesYes

Company Overviews

About Radisson RED

"Radisson

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 The Luxury Collection

"The

The franchisee will establish and operate a full-service hotel that will be designated
as a member of “The Luxury Collection.”
The total investment necessary to begin operation of a newly-constructed The Luxury Collection hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $138,156,490 to $214,086,490 for a 250-guestroom hotel. This includes approximately $368,500 to $499,500 that must be paid to the franchisor or an affiliate.