Ramada Worldwide vs Radisson Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Ramada Worldwide vs Radisson including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
| Investment |
$220,731 - $9,291,313 | $13,942,060 - $65,080,705 |
| Franchise Fee |
$35,000 | $75,000 |
| Royalty Fee |
4.5% | 5% |
| Advertising Fee |
4% | 2% |
| Year Founded |
1954 | 1962 |
| Year Franchised |
1990 | 1983 |
| Term Of Agreement |
15-20 years | 20 years |
| Term Of Agreement |
15-20 years | 20 years |
| Renewal Fee |
- | - |
Business Experience Requirements |
| Experience |
- | - |
Financing Options |
| |
In-House/3rd Party | In-House/3rd Party |
| Franchise Fees |
No/No | No/No |
| Start-up Costs |
Yes/No | No/No |
| Equipment |
Yes/No | No/No |
| Inventory |
Yes/No | No/No |
| Receivables |
Yes/No | No/No |
| Payroll |
Yes/No | No/No |
Training & Support |
| Training |
Regional workshops |
- Pre-Opening assistance includes: consultation services; hotel operations assistance; purchasing programs; standards manuals; training programs
- Ongoing assistance includes: consultation services; purchasing, training and marketing programs; reservation system access; hotel inspections
- Revenue optimization tools
- Look To Book, an innovative, patented reward program for travel agents
- A dedicated brand sales team
- Social media expertise and support
- Strategic alliance with the world's leading business travel management company, CWT
- A dedicated field operations team
- Dedicated revenue specialists
|
| Support |
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing |
Co-op advertising, Ad slicks, National media, Regional advertising | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations |
Number of employees needed to run franchised unit: 10
- 15
Absentee ownership of franchise is allowed. |
Absentee ownership of franchise is allowed. |
Expansion Plans |
| US Expansion |
- | Yes |
| Canada Expansion |
No | Yes |
| International Expansion |
Yes | Yes |
Company Overviews
About Ramada Worldwide
In 1954 a group of investors opened an inn in Flagstaff, Arizona, the first in a series of motor hotels to be opened by the group. Five years later, the chain was named Ramada, meaning 'a shaded resting place' in Spanish. Today Ramada, which has been owned by Cendant Corp. since 1997, operates hotels throughout the United States. The company is comprised of three segments, Ramada Inns, Ramada Limiteds and Ramada Plaza Hotels, serving value-conscious and mid-market travelers.
Ramada Worldwide Inc. is a Delaware company, a backup of Wyndham Hotel Group, LLC, which is possessed by Wyndham Worldwide Corporation. They claim the exclusive Ramada System, giving transient visitor lodging administrations to the general population, including certain exchange names, benefit marks and other business images. They offer and bolster establishments for Ramada Chain visitor lodging offices.
Establishment Offer: Qualified people are offered an establishment to work a Ramada Chain visitor lodging office at a solitary, characterized area. There are two distinct sorts of offices:
1) A "Ramada" office offers agreeable alluring lodging at mid to upper mid-advertise rates in many markets, and has around 100 visitor rooms. A Ramada Facility highlights either a cordiality range with both relaxation seating and breakfast seating and administration territories and also a "Ramada Convenience Mart", or a full administration eatery and mixed drink relax. Ramada Facilities additionally have meeting rooms, ringer benefit upon demand, complimentary rapid web get to, clothing/valet benefit, a swimming pool and a wellness office.
2) A "Ramada Plaza Hotel" office is an inside hall structure of no less than four stories. It by and large has no less than 150 visitor rooms, maybe a couple eateries, meal and meeting offices pleasing no less than 100 individuals, a mixed drink relax, a board room, swimming pool and practice offices, a business focus, a sundry shop, and chime, valet and room administrations.
The total investment necessary to begin operation of a Ramada franchise
for a new construction project ranges from the low end of $6,536,015 for
a 100 room Ramada facility to the high end of $15,007,666 for a 150
room Ramada Plaza facility.
The total investment necessary to begin
operation of a Ramada franchise if you already own a facility typically
ranges from the low end of $220,731 for a 100 room Ramada facility to
the high end of $6,884,239 for a 150 room Ramada Plaza facility. Land
acquisition costs are not included in these ranges. The above amounts
include a range of $43,900 to $89,225 that must be paid to the
franchisor or an affiliate.
#276 in Franchise 500 for 2020.
#368 in Franchise 500 for 2021.
About Radisson
Radisson is one of the world's leading global hotel brands. It delivers vibrant, contemporary and engaging hospitality that is characterized by its unique Yes I Can!SM service philosophy. Radisson hotels are first-class, full-service hotels that offer a range of "World of Radisson" services and amenities that have been created specifically to be empathetic to the challenges of modern travel, including its 100% Guest Satisfaction Guarantee.
Radisson is modern in outlook, socially responsible and service-driven. At its very heart, Radisson is a brand of true hoteliers who understand modern day travel, the complexities of life on the move and the solutions hotels must offer-no matter where in the world they may be. Radisson is committed to building meaningful, personal relationships and has a passion for Yes I Can! hospitality.
Radisson hotels are conveniently situated in major urban and suburban settings, in resort destinations, business districts and airport gateways.
Radisson can be found in the places guest need us the most - near airports, city centers and resorts. Current locations can be found in the Americas and Asia Pacific with plans in motion to expand even further throughout the world.
Tiered Branding
Radisson is a two-tiered brand offering a choice of an upper upscale hospitality experience at our Radisson Blu hotels or an upscale experience at our Radisson hotels.
Radisson Blu flagship properties can be found globally in prime locations, including major cities, airport gateways and leisure destinations around the world.
Look for upscale Radisson hotels in major urban and suburban locations, as well as near airports and business districts around the world.
As of Year End 2018, Radisson has 217 hotels operating throughout the world with 38,940 rooms
and 104 hotels in the development pipeline with an additional 23,745 rooms.
Our initial Fee $500/room, $75,000 minimum
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