| ||||
Updated RecentlyComfort Inn vs Red Carpet Inn Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Comfort Inn vs Red Carpet Inn including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $307,125 - $9,243,275 | $133,600 - $2,602,000 |
| Franchise Fee | $50,000 | $6,000 - $16,000 |
| Royalty Fee | 5.65% | 3% |
| Advertising Fee | 3.85% | 2.5% |
| Year Founded | 1981 | 1982 |
| Year Franchised | 1981 | 1982 |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| 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 | - | - |
| International Expansion | - | - |
Company Overviews
About Comfort Inn
The leading midscale, limited-service brand in the world.
The total investment necessary to convert an existing hotel and begin
operation of an 80-room COMFORT hotel franchise is between
$307,125-$1,967,495. The total investment necessary to begin operation
of a newly constructed 80-room COMFORT INN or COMFORT INN & SUITES
hotel franchise is between $4,638,625-$8,393,895, and the total
investment necessary to begin operation of a newly constructed 86-room
COMFORT SUITES hotel franchise is between $5,119,845-$9,243,275. This
includes the following fees that must be paid to the franchisor or its
affiliates as follows: an affiliation fee of $500 per room for new
franchises, $750 per room for transfers and renewals ($50,000 minimum
for new franchises, $65,000 minimum for transfers and renewals); a property
management system software license and systems training fee of between
$10,750 and $14,750; and orientation and hospitality training fees of
between $0 and $3,245 per person. These sums do not include the cost of
purchasing or leasing land or any real estate taxes.
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.