GUESTHOUSE vs Red Carpet Inn Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of GUESTHOUSE vs Red Carpet Inn including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$118,000 - $1,918,500 | $133,600 - $2,602,000 |
Franchise Fee |
$15,000 | $6,000 - $16,000 |
Royalty Fee |
3%year1, 3.5%thereafter | 3% |
Advertising Fee |
1.5% | 2.5% |
Year Founded |
1987 | 1982 |
Year Franchised |
1987 | 1982 |
Term Of Agreement |
10 years, 5 years thereafter | - |
Term Of Agreement |
10 years, 5 years thereafter | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | Hospitality International's Marketing Team works in concert with the Franchise Development Team for the purpose of finding new resources to attract new guests and to retain the current guest base of our franchised locations.
In addition, the two teams collaborate to discover creative and cost effective ways to promote Hospitality International's five brands to encourage brand recognition and loyalty.
Increasing Reservations is a key component of the Marketing Department's responsibility. Therefore, Corporate Discount Programs, Advertising and E-commerce efforts all combine to support and enhance our Reservation Services.
Local Marketing efforts and Training opportunities are discussed in the Support & Benefits section of this site.
Logos divider |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | - |
Canada Expansion |
No | - |
International Expansion |
No | - |
Company Overviews
About GUESTHOUSE
GuestHouse International Inns Hotels and Suites evolved from the first
GuestHouse Inn & Suites in Little Rock AR in 1987 to become a leading mid-market brand with 70+ properties across America and China.
GuestHouse International's most popular standard amenities include complimentary continental breakfast, freshly baked Belgian waffles, 25" remote-controlled TV's with free sports, movie and all news channels, data ports, In-room coffeemakers, free parking, and high speed internet access.
The
GuestHouse International franchise support system is one of the best in the industry. Franchise Service Managers provide support from initial opening to front desk training to outside sales assistance. Our Brand Assurance team helps property managers maintain the highest possible standards to ensure guest satisfaction and increase success. InnLink Central Reservation Systems (located in
GuestHouse Int'l corporate headquarters) delivers GDS, voice and branded reservation services at
www.guesthouseintl.com.
Guest House International franchise agreements reward success and a true working relationship between owner and franchisor.
In December 2006,
GuestHouse International was purchased by Settle Inn LLC. In 2005 Settle Inn LLC, working with the AAFD, developed a franchise agreement that has been awarded the most franchise friendly contract in the lodging industry. As with Settle Inn LLC,
GuestHouse International is committed to delivering exceptional service to our franchisees.
The total investment necessary to convert an existing hotel into a
70-room GuestHouse Extended Stay Hotel is $118,000 to $1,918,500. This
estimate includes $21,000 to $22,000 that must be paid to the
franchisor.
The total investment necessary for a newly constructed
70-room GuestHouse Extended Stay Hotel is $3,765,500 to $7,369,000, excluding the cost of
purchasing or leasing land or any real estate taxes. This estimate
includes $21,000 that must be paid to the franchisor.
About Red Carpet Inn
The Red Carpet Inn brand has been a stable entity in the lodging
industry since 1968. Locations include limited and full-service
facilities in the economy to mid-level price ranges.
Since their inception,
Red Carpet Inn and
Red Carpet Inn & Suites have provided a great value in the franchise arena for owners who seek to maximize the "bottom line" of their investments and the opportunity
of managing their own facilities and room rates. They are easily able to
meet the requirements dictated by their local markets while maintaining
reasonable franchise standards and receiving the benefits of belonging
to a franchise system.
Services to our franchisees are designed to streamline and simplify the owner's efforts
in maintaining and marketing their investments. As a franchisee of
Hospitality International, Inc., you can expect no costly surprises and
fair, consistent treatment and respect from your corporate franchise
staff. You can also rely on personal and prompt common sense service.