Country Inns & Suites By Radisson vs Le Meridien Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Country Inns & Suites By Radisson vs Le Meridien including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$1,916,178 - $9,472,795 | $61,886,490 - $96,761,490 |
Franchise Fee |
$50,000 | N/A |
Royalty Fee |
5% | - |
Advertising Fee |
2.5% | - |
Year Founded |
1986 | 1997 |
Year Franchised |
1987 | 2005 |
Term Of Agreement |
15 years | - |
Term Of Agreement |
15 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | -/- |
Start-up Costs |
No/No | -/- |
Equipment |
No/No | -/- |
Inventory |
No/No | -/- |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
Training |
Additional training available | - |
Support |
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 | - |
Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25
Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
Yes | - |
International Expansion |
Yes | Yes |
Company Overviews
About Country Inns & Suites By Radisson
Country Inns & Suites By Radisson is a leading mid-market brand known for providing a caring, consistent and comfortable hospitality experience, delivered with a touch of home.
Country Inns & Suites By Radisson features traditional architecture and a transitional residential interior design with the brand's iconic plank lobby flooring and welcoming lobby with a fireplace. Each hotel offers free high-speed Internet*, a fitness center, a business center, and attractive comfortable furnishings that blend rich woods and natural earth tones. With more than 1,370 hotels in operation and under development in over 110 countries and territories worldwide, primarily in the U.S., Canada, India and Mexico, Country Inns & Suites is headquartered in Minneapolis, Minnesota,
and is one of seven brands within the Carlson Rezidor Hotel Group
portfolio.
#68 on Franchise Rankings.com
About Le Meridien
Le Méridien, the Paris-born hotel brand currently represented by nearly
100 properties in more than 40 countries, was acquired by Starwood
Hotels & Resorts Worldwide, Inc. (NYSE: HOT) in November 2005. With
more than 80 of its properties located in Europe, Africa, the Middle
East, and Asia-Pacific, Le Méridien provided a strong international
complement to Starwood’s then primarily North American holdings at the
time of purchase. Since then, Le Méridien has gone through a brand
re-launch, which included a large scale hotels product consolidation as
well as redefining its brand strategy. Through creation of the LM100
artist community, Le Méridien has transformed numerous guest touch
points, thus bringing unique, interactive and curated experiences to its
guests. Plans call for dynamic expansion of Le Méridien Hotels and
Resorts , concentrating on markets in
Asia-Pacific and the Americas.
The total investment necessary to begin operation of a newly-constructed
Le Méridien hotel, excluding the cost of real estate and related costs
(building permit, tap, and impact fees), ranges from $61,886,490 to
$96,761,490 for a 250-guestroom hotel. This includes approximately
$317,000 to
$399,000 that must be paid to the franchisor or an affiliate.