Red Carpet Inn vs GrandStay Residential Suites Franchise Comparison

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

Start-Up Costs and Fees
 
Red Carpet Inn Franchise
GrandStay Residential Suites Franchise
Investment $133,600 - $2,602,000$117,900 - $10,090,200
Franchise Fee $6,000 - $16,000$35,000
Royalty Fee 3%5%
Advertising Fee 2.5%2%
Year Founded 19822000
Year Franchised 19822000
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Red Carpet Inn Franchise
GrandStay Residential Suites Franchise
Experience --

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

Training & Support
 
Red Carpet Inn Franchise
GrandStay Residential Suites 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
GrandStay Residential Suites Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

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 GrandStay Residential Suites

"GrandStay
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
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.