Settle Inn vs Radisson RED Franchise Comparison

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

Start-Up Costs and Fees
 
Settle Inn Franchise
Radisson RED Franchise
Investment $2,763,290 - $3,687,220$7,180,738 - $33,494,350
Franchise Fee $25,000$75,000
Royalty Fee 3%year 1, 3.5%thereafter-
Advertising Fee 2.25%-
Year Founded 1992-
Year Franchised 1992-
Term Of Agreement 10 years, 5 years thereafter-
Term Of Agreement 10 years, 5 years thereafter-
Renewal Fee --


Business Experience Requirements
 
Settle Inn Franchise
Radisson RED Franchise
Experience --

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

Training & Support
 
Settle Inn Franchise
Radisson RED Franchise
Training --
Support --
Marketing --
Operations --

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

Company Overviews

About Settle Inn

Since,1992, Settle Inn management has worked to establish a consistent and effective lodging system and grown to become a successful regional brand. Working with the AAFD in 2005, Settle Inn, LLC developed a franchise agreement that has been awarded the most franchise friendly contract in the lodging industry. Settle Inn is a hotel designed for hoteliers by hoteliers with a back-to-the-basics approach, and is based upon a quality physical product, great rooms and a great guest experience.
We offer our Owners a simple cost effective partnership with our 100% to commitment to their success including; 24/7 800 call center, 2-way reservations interface, 100% FREE PMS software, 24/7 tech support, 24/7 online booking engine at www.settleinn.com, proprietary & permanent sales and service training reinforced monthly for all system hotels, generous quarterly royalty fee discounts based upon service scores, experienced quality assurance staff, an exciting guest loyalty program and an overall approach to marketing that is fresh and fun. We currently offer two brand levels: Settle Inn and Settle Inn & Suites. Both brands target the mid-priced market segment and offer Developers at any stage: from first time Owner to experienced operator - to grow with America's friendliest brand.

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.