Radisson RED vs Hyatt Place Hotels Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Radisson RED vs Hyatt Place Hotels including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Radisson RED Franchise
Hyatt Place Hotels Franchise
Investment $7,180,738 - $33,494,350$15,269,000 - $30,124,500
Franchise Fee $75,000$60,000 - $100,000
Royalty Fee --
Advertising Fee --
Year Founded -2005
Year Franchised -2005
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Radisson RED Franchise
Hyatt Place Hotels Franchise
Experience --

Financing Options

 
Radisson RED Franchise
Hyatt Place Hotels Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Radisson RED Franchise
Hyatt Place Hotels Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Radisson RED Franchise
Hyatt Place Hotels Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesYes

Company Overviews

About Radisson RED

"Radisson

Fueled by art, music and fashion.
Radisson RED is a new hotel philosophy where lifestyle, not luxury, is the inspiration.
Its design is bold, alive and inspirational. It connects with an ageless mindset and sets expectations of an open, articulate and impeccably delivered lifestyle select experience.
Radisson RED's flexible service concept include staff that caters to the DIY attitude of our guests, and believe that hotels can enhance their world via art, music and fashion.



About Hyatt Place Hotels

"Hyatt
At Hyatt Place we do things differently. We combine style, innovation and 24/7 convenience to create a perfectly seamless stay with every modern comfort you deserve. You never have to settle for any place less than Hyatt Place.
- Free Wi-Fi, everywhere
-A.M. Kitchen Skilletâ„¢ breakfast served daily, free with your stay
- 24/7 Gallery Menu
- Lobby Bar open daily
- Roomy Rooms including the Cozy Corner with sectional sofa
- Swiveling HDTVs and plush Hyatt Luxury Pillowtop Mattress in all guestrooms
- Necessities for forgotten essentials
- Over 350 locations worldwide