Studio 6 vs Radisson Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Studio 6 vs Radisson including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Studio 6 Franchise
Radisson Franchise
Investment $206,850 - $9,621,350$13,942,060 - $65,080,705
Franchise Fee $20,000 - $30,000$75,000
Royalty Fee 5%5%
Advertising Fee 2%2%
Year Founded 19981962
Year Franchised 19991983
Term Of Agreement 10-15 years20 years
Term Of Agreement 10-15 years20 years
Renewal Fee 50% of current franchise fee-


Business Experience Requirements
 
Studio 6 Franchise
Radisson Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Studio 6 Franchise
    Radisson Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Studio 6 Franchise
    Radisson Franchise
    Training On-The-Job Training: 25-30 hours Classroom Training: 40 hours Additional Training: Annual convention
    • 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 Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Co-op Advertising Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app Co-op advertising, Ad slicks, National media, Regional advertising
    Operations Absentee Ownership Allowed

    Absentee ownership of franchise is allowed.

    Expansion Plans
     
    Studio 6 Franchise
    Radisson Franchise
    US Expansion -Yes
    Canada Expansion NoYes
    International Expansion YesYes

    Company Overviews

    About Studio 6

    Extend Your Stay, Not Your Budget
     Studio 6 taps into the national recognition of Motel 6, while having developed a following all its own. 
    Studio 6 properties feature fully furnished studios with low weekly rates and amenities for comfortable, restful extended stays. The properties are easy to operate and manage with favorable weekly pricing. Invest in one of the segment's fastest growing brands. Motel 6 introduced Studio 6 in 1998 as an extended-stay option for travelers.
    Franchising since 1999, Studio 6 offers furnished studio rooms, complete with work areas and fully furnished kitchens. The company is based in Dallas.
     Franchise opportunities are available for: Seasoned quality-oriented developers or operators, and; Those new to the lodging industry.
    Franchisee Benefits:
     * Complete prototype design
     * Architectural, construction and renovation support
     * Powerful marketing support and national advertising
     * Competitive franchise and royalty fees
     * Protected market territories
     * Personalized operational support
     * Initial training at our corporate headquarters
     * Ongoing training on the field and online
     * Adherence to fair franchising initiatives
     * One-stop shopping for all purchasing needs

    Seeking new franchise units throughout the U.S., Asia, Canada, Central America, Mexico and South America    

    Veteran Incentives  $1,500 general-manager training fee waived
                              
    "franchiserankingscom"
    #28 on Franchise Rankings.com

    "Entrepreneur
    #412 in Franchise 500 for 2020.



    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