Holiday Inn vs The Red Collection Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Holiday Inn vs The Red Collection including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$8,993,365 - $20,018,168 | $787,000 - $1,745,500 |
Franchise Fee |
$50,000 | $30,000 |
Royalty Fee |
5-6% | - |
Advertising Fee |
- | - |
Year Founded |
1990 | 2017 |
Year Franchised |
1990 | 2017 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/Yes | -/- |
Start-up Costs |
-/Yes | -/- |
Equipment |
-/Yes | -/- |
Inventory |
-/Yes | -/- |
Receivables |
-/Yes | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
On-The-Job Training:
Classroom Training: | - |
Support |
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
Yes | - |
Canada Expansion |
- | - |
International Expansion |
Yes | - |
Company Overviews
About Holiday Inn
Holiday Inn Express continues to Stay Smart by offering travelers competitive rates and convenient locations around the globe. The Holiday Inn Express prototype design allows for lower costs, lower overhead, and a more efficiently-staffed operation. Holiday Inn Express continues to set the pace in the mid-scale without food and beverage hotel category as the fastest-growing brand, opening on average two new hotels every week. Now, that is smart!
#53 in Canada's Top franchises.
#36 in Franchise 500 for 2020.
#57 in Franchise 500 for 2021.
About The Red Collection
Red Roof® properties, including The Red Collection, consistently outperform in the economy market and have some of the lowest fees in the industry.
Red Roof is expanding internationally to Brazil, Canada, Thailand, and Japan as well as across the U.S.A.
The total investment necessary to begin operation of a hotel
participating in The Red Collection franchise for a 65-room conversion
hotel ranges from $787,000 to $1,745,500. These amounts do not include
the cost of land or rent for the hotel location but do include the
approximately $57,500 to $62,000 that must be paid to the franchisor or
affiliate.