Radisson RED vs EVEN Hotels Franchise Comparison

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

Start-Up Costs and Fees

 
Radisson RED Franchise
EVEN Hotels Franchise
Investment $7,180,738 - $33,494,350$16,697,959 - $24,459,635
Franchise Fee $75,000$75,000
Royalty Fee -5%
Advertising Fee --
Year Founded -2012
Year Franchised -2014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Radisson RED Franchise
EVEN Hotels Franchise
Experience --

Financing Options

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

Training & Support

 
Radisson RED Franchise
EVEN Hotels Franchise
Training - On-The-Job Training: Varies Classroom Training: Varies
Support - Ongoing Support Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing - Ad Templates National Media SEO Website development Loyalty program/app
Operations --

Expansion Plans

 
Radisson RED Franchise
EVEN 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 EVEN Hotels

"EVEN

The EVEN Hotels brand helps travellers make healthier choices that impact every aspect of their personal wellness at an affordable price point. The brand is focused on ensuring guests Eat Well, Rest Easy, Keep Active and Accomplish More: