Red Carpet Inn vs Signature Inn Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Red Carpet Inn vs Signature Inn including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Red Carpet Inn Franchise
Signature Inn Franchise
Investment $133,600 - $2,602,000$3,216,500 - $6,275,000
Franchise Fee $6,000 - $16,000$7,500
Royalty Fee 3%-
Advertising Fee 2.5%-
Year Founded 19821986
Year Franchised 19821986
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Red Carpet Inn Franchise
Signature Inn Franchise
Experience --

Financing Options
 
Red Carpet Inn Franchise
Signature Inn Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Red Carpet Inn Franchise
Signature Inn Franchise
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
 
Red Carpet Inn Franchise
Signature Inn Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

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.

 
Since their inception, Red Carpet Inn and Red Carpet Inn & Suites have provided a great value in the franchise arena for owners who seek to maximize the "bottom line" of their investments and the opportunity of managing their own facilities and room rates. They are easily able to meet the requirements dictated by their local markets while maintaining reasonable franchise standards and receiving the benefits of belonging to a franchise system.
 
Services to our franchisees are designed to streamline and simplify the owner's efforts in maintaining and marketing their investments. As a franchisee of Hospitality International, Inc., you can expect no costly surprises and fair, consistent treatment and respect from your corporate franchise staff. You can also rely on personal and prompt common sense service.

About Signature Inn

"Signature

Signature Inn invites guests to stay Outside Ordinary. With a cheap-chic design and eye-catching branding, Signature Inn brings to life the golden age of travel and gives it a retro-modern twist for an experience that is just as unique as it is comfortable.Join the Red Lion Hotel Corporation family and enjoy incredible benefits, including affordable flat fees, reasonable agreements, flexible services and amenities and strong revenue contribution.


The total investment necessary to convert an existing hotel into a 40-room Signature Inn Hotel is $153,000 to $932,500. This estimate includes $21,000 to $22,000 that must be paid to the franchisor.
The total investment necessary for a newly-constructed 40-room Signature Inn Hotel is $3,216,500 to $6,275,000, excluding the cost of purchasing or leasing land or any real estate taxes. This estimate includes $21,000 that must be paid to the franchisor.