Novotel vs Radisson RED Franchise Comparison

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

Start-Up Costs and Fees
 
Novotel Franchise
Radisson RED Franchise
Investment $1,000,000$7,180,738 - $33,494,350
Franchise Fee $50,000$75,000
Royalty Fee --
Advertising Fee --
Year Founded --
Year Franchised --
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Novotel Franchise
Radisson RED Franchise
Experience --

Financing Options
 
Novotel Franchise
Radisson RED Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Novotel Franchise
Radisson RED Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Novotel Franchise
Radisson RED Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion NoYes

Company Overviews

About Novotel

Establishing franchised and corporate full-service hotels in all major cities across the country serving the top end of the mid-scale segment of the market. Providing franchisees with extensive and dedicated franchise services, national sales & marketing, training and purchasing power.

About Radisson RED

"Radisson

Fueled by art, music and fashion.
Radisson RED is a new hotel philosophy where lifestyle, not luxury, is the inspiration.
Its design is bold, alive and inspirational. It connects with an ageless mindset and sets expectations of an open, articulate and impeccably delivered lifestyle select experience.
Radisson RED's flexible service concept include staff that caters to the DIY attitude of our guests, and believe that hotels can enhance their world via art, music and fashion.