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Below is an in-depth analysis and side-by-side comparison of Red Carpet Inn vs Boarders Inn and Suites by Cobblestone Hotels including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $133,600 - $2,602,000 | $46,649 - $7,727,647 |
Franchise Fee | $6,000 - $16,000 | $20,000 |
Royalty Fee | 3% | $2/room/day |
Advertising Fee | 2.5% | .25/room/day |
Year Founded | 1982 | 2008 |
Year Franchised | 1982 | 2012 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | *5 days at corporate headquarters. *14 days at Hotel location *up to 14 days at each additional Hotel location |
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 | - | 90% are owner/Operators. 10% are investors |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
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.
By choosing Boarders Inn and Suites by Cobblestone Hotels you take control of your branding! Boarders Inn and Suites by Cobblestone Hotels offers a Membership Brand that you can be proud to be a part of. When you are a part of a the Membership Team you decide what happens to the brand. No Capital Crushing Franchise Mandates, Closter phobic Long Franchise Commitments, Extremely High Initial Payments, or Bottom-Dollar Busting Franchise Fee for each reservation that you work hard to bring in. Boarders Inn and Suites by Cobblestone offers all that other brands have to offer without all the headache. Brand Support along with Sales and Marketing Support are things that we pride ourselves in.