Park Inn by Radisson vs The Registry Collection Hotels Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Park Inn by Radisson vs The Registry Collection Hotels including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Park Inn by Radisson Franchise
The Registry Collection Hotels Franchise
Investment $3,692,674 - $20,934,027$21,810,621 - $35,601,522
Franchise Fee $35,000N/A
Royalty Fee 4.5%-
Advertising Fee 2%-
Year Founded 19862016
Year Franchised 20002016
Term Of Agreement 15 Year-
Term Of Agreement 15 Year-
Renewal Fee --


Business Experience Requirements
 
Park Inn by Radisson Franchise
The Registry Collection Hotels Franchise
Experience --

Financing Options
 
Park Inn by Radisson Franchise
The Registry Collection Hotels Franchise
  In-House/3rd PartyIn-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
 
Park Inn by Radisson Franchise
The Registry Collection Hotels Franchise
Training
  • 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, Purchasing cooperatives-
Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
Operations

Number of employees needed to run franchised unit: 20 - 25

Absentee ownership of franchise is allowed.

-

Expansion Plans
 
Park Inn by Radisson Franchise
The Registry Collection Hotels Franchise
US Expansion YesYes
Canada Expansion Yes-
International Expansion YesYes

Company Overviews

About Park Inn by Radisson

Park Inn® by Radisson is a colorful and dynamic, upper midscale hotel brand aimed at tech savvy, youthful travelers who know what they want from a hotel stay and also seek value for money. Accessible and inclusive, the brand is friendly, positive, vibrant and uncomplicated, providing both business and leisure travelers with the affordable hotel experience they desire. From functional rooms to flexible meeting spaces, the guest experience is designed to be totally reliable and hassle-free. Ideal for conversions and new builds, Park Inn by Radisson is an energetic hotel brand with unexpected touches of iconic contemporary design. The hotels can be found in capital cities and economic hubs-often close to city centers, airports and railway stations. Our initial fees are $350/room, $35,000 minimum

About The Registry Collection Hotels

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Celebrating over a decade of success, The Registry Collection program caters to the specific needs of members and affiliates in the luxury segment. Our portfolio of affiliated properties is an elite network of luxury leisure assets, each one selected as among the very best in its respective category.


The total investment necessary to begin operation of a typical 150 room Registry Collection Hotel ranges from $21,810,621 to $35,601,522 for a new construction project.
The total investment necessary to begin operation of a Registry Collection Hotel ranges from $477,269 to $12,641,252 for a conversion of an existing hotel. Land acquisition costs are not included in these ranges. The above amounts include a range of $104,675 to $111,825 that must be paid to the Franchisor or an affiliate.