| ||||
Updated RecentlyRed Lion Hotels and Inns Franchise
Lodging
Results Oriented. Growth Driven.
With over 50 properties open or under development, Red Lion has positioned itself for sustainable growth. Important to the chain's lasting success is the redefinition of brand segmentation and strengthened brand identity for both Red Lion Hotels and Red Lion Inns & Suites, along with the addition of the Leo Hotel Collection, a collection of unique, boutique, historic and/or destination hotels.
Publicly traded on the NYSE (RLH), Red Lion is an owner, operator and franchisor. Red Lion grew out of the Pacific Northwest with historic roots dating back more than 50 years and is showing hotel owners how they can tap into their deep experience.
More hoteliers are finding that franchise partners with skin in the game truly have their franchisees' return on investment in mind. As owners, Red Lion never asks their franchisees to do anything that as a company they would not do for their own properties. The biggest benefit for hotel owners is the ability to plug their properties into a finely tuned franchise system that offers franchisees the highest level of support including access to industry leading technology, business intelligence and revenue management systems.
With a keen eye on the market, Red Lion's new consumer website creates direct interaction with guests, offers local experiences and provides an improved booking engine. The locally inspired experience carries through to the service culture at the property and brings the website's local focus full circle, creating a impactful point of differentiation that helps build guest loyalty.
Mike Castro, Vice President Brand Services
Red Lion Hotels Corporation
201 W North River Dr., Suite 100, Spokane, WA 99201
509-777-6326 (office)
509-464-9896 (mobile)
509-325-7324 (fax)
[email protected]
Steve KrebsSteve Krebs, Director, Lodging Development
Red Lion Hotels Corporation
201 W North River Dr., Suite 100, Spokane, WA 99201
505-306-0073 (mobile)
509-325-7324 (fax)
[email protected]
Inn & Suites Hotel with a minimal food and beverage offering is
estimated to range between $8,431,750 to $12,448,000 for new development
and $586,500 to $2,709,000 for conversion hotels. These amounts include
$65,500 to $89,500 that must be paid to the franchisor. These amounts
do not include the cost of purchasing or leasing land or any real estate
taxes.
The total investment necessary to begin operation of a 250-room full
service Red Lion Hotel, including meeting space and catering service, is
estimated to range between $28,594,750 to $36,598,000 for new
development and $1,091,500 to $4,562,000 for conversion hotels. These
amounts include $105,500 to $129,500 that must be paid to the
franchisor. These amounts do not include the cost of purchasing or
leasing land or any real estate taxes.
It's time to give yourself permission to build your days around what's important to you! You're in Control!
For more information, complete our FREE FRANCHISE ADVICE form!
How much does it cost to open a Red Lion Hotels and Inns Franchise?
The investment required to open a Red Lion Hotels and Inns Franchise is between $8,431,750-$36,598,000. There is an initial franchise fee of $40,000-$75,000 which grants you the license to run a business under the Red Lion Hotels and Inns name.
Individual Unit Costs
- Initial Investment:
$8,431,750-$36,598,000 - Initial Franchise Fee:
$40,000-$75,000 - Royalty Fee:
5% - Advertising Fee:
3.5%
Click here to compare with
franchises similar to Red Lion Hotels and Inns
Red Lion Hotels Corporation announces Inner Circle Investments has signed 20-year franchise contracts.
Red Lion Hotels Corporation [NYSE:RLH] announced Thursday that Inner
Circle Investments has signed 20-year franchise contracts for one Hotel
RL and nine Red Lion Hotels. The properties will be managed by Inner
Circle Management.
CEO Joe Gillespie of franchisee Inner Circle Investments was quo...
Red Lion Hotels Opens New Franchise In Renton, Wa
Red Lion Hotels Corporation RLH -1.10% announced the company has opened a new franchise location in Renton, Wash., after signing an agreement with the owners in June. This is the sixth franchise agreement completed by the company in 2014. The Red Lion Hotel & Conference Center "" Seattle/Renton, 1 S...
Red Lion Hotels Appoints Brian Quinn As Chief Franchise Officer
Red Lion Hotels Corporation (NYSE:RLH) announced the company has named Brian Quinn as Senior Vice President and Chief Franchise Officer. Quinn oversees hotel franchise development and growth opportunities for the company in its plan to expand across the United States.
"Brian is a seasoned develop...
Red Lion Sells Denver Hotel And Signs Franchise Agreement With New Owner
Red Lion Hotels Corporation (NYSE: RLH) today announced the company has closed on a $13 million sale of the Red Lion Hotel Denver Southeast in Colorado. Pandey Hotel Denver LLC, a wholly owned subsidiary of Pandey Hotel Corporation, the US division of CP Group New Zealand, purchased the hotel and up...
Red Lion Hotels Announces New Franchise In Cathedral City, California
Red Lion Hotels Corporation RLH -1.88% announced the company has signed a franchise license agreement with the owners of a hotel in Cathedral City, California.
"This hotel is well-located in the Palm Springs region of Southern California, an area we are sure Red Lion guests will appreciate," said...
Red Lion Hotels and Inns News & Press Releases
When did Red Lion Hotels and Inns start Franchising? 1999
United States: Nationwide
International: Worldwide
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | N/A | N/A |
| Startup Costs | N/A | N/A |
| Equipment | Yes | N/A |
| Inventory | N/A | N/A |
| Accounts Receivable | N/A | N/A |
| Payroll | N/A | N/A |
Training
On-The-Job Training: Optional
Classroom Training: Optional
Support
Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app
To calculate how much income a franchise owner can do at Red Lion Hotels and Inns Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
3 Other Franchises in this Family
Listing Tags
Legal Disclaimer: This information is not a franchise offering for Red Lion Hotels and Inns and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Red Lion Hotels and Inns franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Red Lion Hotels and Inns
Red Lion Hotels Corporation
1550 Market St., #500
Denver,
CO
80202