Red Lion Hotels and Inns vs GrandStay Residential Suites Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Red Lion Hotels and Inns vs GrandStay Residential Suites including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$8,431,750 - $36,598,000 | $117,900 - $10,090,200 |
Franchise Fee |
$40,000 - $75,000 | $35,000 |
Royalty Fee |
5% | 5% |
Advertising Fee |
3.5% | 2% |
Year Founded |
1959 | 2000 |
Year Franchised |
1999 | 2000 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
Yes/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
On-The-Job Training: Optional
Classroom Training: Optional
| - |
Support |
Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
| - |
Marketing |
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app
| - |
Operations |
- | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
Yes | - |
Company Overviews
About Red Lion Hotels and Inns
Results Oriented. Growth Driven.
With over 50 properties open or under development, Red Lion has positioned itself for sustainable growth. Important to the chain's lasting success is the redefinition of brand segmentation and strengthened brand identity for both Red Lion Hotels and Red Lion Inns & Suites, along with the addition of the Leo Hotel Collection, a collection of unique, boutique, historic and/or destination hotels.
Publicly traded on the NYSE (RLH), Red Lion is an owner, operator and franchisor. Red Lion grew out of the Pacific Northwest with historic roots dating back more than 50 years and is showing hotel owners how they can tap into their deep experience.
More hoteliers are finding that franchise partners with skin in the game truly have their franchisees' return on investment in mind. As owners, Red Lion never asks their franchisees to do anything that as a company they would not do for their own properties. The biggest benefit for hotel owners is the ability to plug their properties into a finely tuned franchise system that offers franchisees the highest level of support including access to industry leading technology, business intelligence and revenue management systems.
With a keen eye on the market, Red Lion's new consumer website creates direct interaction with guests, offers local experiences and provides an improved booking engine. The locally inspired experience carries through to the service culture at the property and brings the website's local focus full circle, creating a impactful point of differentiation that helps build guest loyalty.
Join a growing brand that takes pride in ownership too. Which
Red Lion is right for you? If you are an owner of an independent hotel, or have a franchise agreement about to expire and would like to review franchise Opportunities, please contact:
Mike Castro, Vice President Brand Services
Red Lion Hotels Corporation
201 W North River Dr., Suite 100, Spokane, WA 99201
509-777-6326 (office)
509-464-9896 (mobile)
509-325-7324 (fax)
[email protected]
Steve KrebsSteve Krebs, Director, Lodging Development
Red Lion Hotels Corporation
201 W North River Dr., Suite 100, Spokane, WA 99201
505-306-0073 (mobile)
509-325-7324 (fax)
[email protected]
The total investment necessary to begin operation of a 125-room Red Lion
Inn & Suites Hotel with a minimal food and beverage offering is
estimated to range between $8,431,750 to $12,448,000 for new development
and $586,500 to $2,709,000 for conversion hotels. These amounts include
$65,500 to $89,500 that must be paid to the franchisor. These amounts
do not include the cost of purchasing or leasing land or any real estate
taxes.
The total investment necessary to begin operation of a 250-room full
service Red Lion Hotel, including meeting space and catering service, is
estimated to range between $28,594,750 to $36,598,000 for new
development and $1,091,500 to $4,562,000 for conversion hotels. These
amounts include $105,500 to $129,500 that must be paid to the
franchisor. These amounts do not include the cost of purchasing or
leasing land or any real estate taxes.
About GrandStay Residential Suites
GrandStay Hospitality, LLC offers a hotel franchise opportunity like
no other hotel chain. From franchise conversions to new builds,
GrandStay franchisees are backed by a strong, growing lodging company
with a unique, technology-driven marketing approach, flexible franchise
options and collaborative, one-on-one support designed for success.
Click here for our Franchise Brochure
- Upper Midscale Market
- Growing Hospitality Brand
- Fresh Approach to Design
- Attractive Amenities
- Proven Business System
- Strong Partnership
A careful review of the GrandStay Hospitality Franchise Disclosure
Document (FDD) is the first step in the application process. The next
step is to complete a GrandStay Hospitality Application. Once the
Franchise Agreement and supporting paperwork are completed and returned
with the initial fee, you will begin the GrandStay hotel construction
program.
We welcome you to join the GrandStay Family!
The total investment necessary to begin operation of a new build
GrandStay hotel, other than a GrandStay conference center property, is
$5,038,400 to $10,090,200 and $124,900 to $1,021,200 for a conversion
property.
The total investment necessary to begin operation of a new
build GrandStay conference center is $306,400 to $2,300,200 and $117,900
to $541,200 for a conversion property. In all cases, this includes
$35,000 that must be paid to the Franchisor.