Staybridge Suites vs Radisson RED Franchise Comparison

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

Start-Up Costs and Fees
 
Staybridge Suites Franchise
Radisson RED Franchise
Investment $15,352,595 - $22,436,565$7,180,738 - $33,494,350
Franchise Fee $55,000$75,000
Royalty Fee 5%-
Advertising Fee --
Year Founded 1998-
Year Franchised 1998-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Staybridge Suites Franchise
Radisson RED Franchise
Experience --

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

Training & Support
 
Staybridge Suites Franchise
Radisson RED Franchise
Training --
Support Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform -
Marketing Ad Templates National Media SEO Website development Loyalty program/app -
Operations --

Expansion Plans
 
Staybridge Suites Franchise
Radisson RED Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Staybridge Suites

Staybridge Suites is an innovative all-suite hotel meeting the needs of extended-stay guests. Staybridge Suites offers its developers a flexible hotel building design with a mixture of suite options to suit your market, site identification, architectural planning assistance and power of InterContinental Hotels Group enterprise values. Make It Your Place(R).

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.