Choice Hotels vs Red Carpet Inn Franchise Comparison

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

Start-Up Costs and Fees
 
Choice Hotels Franchise
Red Carpet Inn Franchise
Investment $88,050 - $13,166,100$133,600 - $2,602,000
Franchise Fee $10,000 - $60,000$6,000 - $16,000
Royalty Fee Varies3%
Advertising Fee Varies2.5%
Year Founded 19391982
Year Franchised 19621982
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements
 
Choice Hotels Franchise
Red Carpet Inn Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    Choice Hotels Franchise
    Red Carpet Inn Franchise
      In-House/3rd PartyIn-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
     
    Choice Hotels Franchise
    Red Carpet Inn Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations-
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingHospitality 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 Franchisees required to buy multiple units/master licenses

    Absentee ownership of franchise is allowed.

    		-

    Expansion Plans
     
    Choice Hotels Franchise
    Red Carpet Inn Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Choice Hotels

    A group of Southern motel owners got together in 1939 to discuss the state of the lodging industry, hoping to do something to change the negative opinion the public had about motels (FBI director J. Edgar Hoover had warned that motels were used as bases of operations by gangsters). owners set about to create a set of quality standards for motels and agreed to publish the names of establishments that complied with these standards. In 1940, the group officially named itself Quality Courts United Inc. In 1990, Quality became known as Choice Hotels International Inc. The hotels in the chain now include Sleep, Comfort, Quality, Clarion, Rodeway, Econo Lodge and Cambria.

    "Top     ""
    #29 in Canada's Top franchises.


    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.