Studio 6 vs Red Carpet Inn Franchise Comparison

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

Start-Up Costs and Fees
	Studio 6 Franchise	Red Carpet Inn Franchise
Investment	$206,850 - $9,621,350	$133,600 - $2,602,000
Franchise Fee	$20,000 - $30,000	$6,000 - $16,000
Royalty Fee	5%	3%
Advertising Fee	2%	2.5%
Year Founded	1998	1982
Year Franchised	1999	1982
Term Of Agreement	10-15 years	-
Term Of Agreement	10-15 years	-
Renewal Fee	50% of current franchise fee	-
Business Experience Requirements
	Studio 6 Franchise	Red Carpet Inn Franchise
Experience	General business experience	-
Financing Options
	Studio 6 Franchise	Red Carpet Inn Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	No/Yes	-/-
Start-up Costs	No/Yes	-/-
Equipment	No/Yes	-/-
Inventory	No/Yes	-/-
Receivables	No/No	-/-
Payroll	No/No	-/-
Training & Support
	Studio 6 Franchise	Red Carpet Inn Franchise
Training	On-The-Job Training: 25-30 hours Classroom Training: 40 hours Additional Training: Annual convention	-
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	Co-op Advertising Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app	Hospitality International's Marketing Team works in concert with the Franchise Development Team for the purpose of finding new resources to attract new guests and to retain the current guest base of our franchised locations. In addition, the two teams collaborate to discover creative and cost effective ways to promote Hospitality International's five brands to encourage brand recognition and loyalty. Increasing Reservations is a key component of the Marketing Department's responsibility. Therefore, Corporate Discount Programs, Advertising and E-commerce efforts all combine to support and enhance our Reservation Services. Local Marketing efforts and Training opportunities are discussed in the Support & Benefits section of this site. Logos divider
Operations	Absentee Ownership Allowed	-
Expansion Plans
	Studio 6 Franchise	Red Carpet Inn Franchise
US Expansion	-	-
Canada Expansion	No	-
International Expansion	Yes	-

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    

About Red Carpet Inn

The Red Carpet Inn brand has been a stable entity in the lodging industry since 1968. Locations include limited and full-service facilities in the economy to mid-level price ranges.

Since their inception, Red Carpet Inn and Red Carpet Inn & Suites have provided a great value in the franchise arena for owners who seek to maximize the "bottom line" of their investments and the opportunity of managing their own facilities and room rates. They are easily able to meet the requirements dictated by their local markets while maintaining reasonable franchise standards and receiving the benefits of belonging to a franchise system. Services to our franchisees are designed to streamline and simplify the owner's efforts in maintaining and marketing their investments. As a franchisee of Hospitality International, Inc., you can expect no costly surprises and fair, consistent treatment and respect from your corporate franchise staff. You can also rely on personal and prompt common sense service.