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Updated RecentlyOyo Hotels vs The Red Collection Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Oyo Hotels 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 | $97,700 - $179,700 | $787,000 - $1,745,500 |
| Franchise Fee | N/A | $30,000 |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | 2019 | 2017 |
| Year Franchised | 2019 | 2017 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| 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 | Yes | - |
| Canada Expansion | - | - |
| International Expansion | Yes | - |
Company Overviews
About Oyo Hotels
!["Oyo]("https://fddexchange.com/wp-content/uploads/2019/09/Oyo-Hotels-300x156.png")
Opening its doors in 2013, OYO Hotels & Homes, a young hotel startup, today is the world’s leading chain of hotels, homes, and spaces. The portfolio combines fully operated real estate comprising more than 44,000 hotels with over 1.2 million rooms. Through its vacation homes business, the company offers travelers and city dwellers access to over 125,000 homes around the world under OYO Home, Belvilla, Danland, Dancenter and Germany-based Traum-Ferienwohnungen brands.
OYO today operates in over 800 cities in 80 countries, including the U.S., Europe, U.K., India, Middle East, Southeast Asia, and Japan.
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.