Settle Inn vs Hotel RL Franchise Comparison

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

Start-Up Costs and Fees

 
Settle Inn Franchise
Hotel RL Franchise
Investment $2,763,290 - $3,687,220$1,335,000 - $36,191,500
Franchise Fee $25,000$40,000 - $75,000
Royalty Fee 3%year 1, 3.5%thereafter5%
Advertising Fee 2.25%3.5%
Year Founded 19922005
Year Franchised 19922005
Term Of Agreement 10 years, 5 years thereafter-
Term Of Agreement 10 years, 5 years thereafter-
Renewal Fee --


Business Experience Requirements

 
Settle Inn Franchise
Hotel RL Franchise
Experience --

Financing Options

 
Settle Inn Franchise
Hotel RL Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Settle Inn Franchise
Hotel RL Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Settle Inn Franchise
Hotel RL Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion No-

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 Hotel RL

"Hotel

Hotel RL is an experience of all things authentic, creative and curious. Offering a taste of the local scene in a laid-back environment, we invite open-minded travelers to work, play and pursue their passions freely. Made for explorers and curious minds, Hotel RL captures the spirit of adventure and creativity within comfortable and modern conveniences designed for a new generation of traveler, complete with exciting lobbies, free Wi-Fi, trained Victrola Coffee baristas, performance spaces, and more surprises along the way.   Stay Curious.

The total investment necessary to begin operation of a 150-room Hotel RL Hotel with a minimal food and beverage offering is estimated to range between $27,849,250 to $36,191,500 for new development and $1,335,000 to $4,001,500 for conversion hotels. These amounts include $90,500 to $111,000 that must be paid to the franchisor. These amounts do not include the cost of purchasing or leasing land or any real estate taxes.