Radisson RED vs Aloft hotels Franchise Comparison

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

Start-Up Costs and Fees
 
Radisson RED Franchise
Aloft hotels Franchise
Investment $7,180,738 - $33,494,350$10,358,360 - $26,620,860
Franchise Fee $75,000$185,050 - $258,650
Royalty Fee -5.5%
Advertising Fee --
Year Founded --
Year Franchised --
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Radisson RED Franchise
Aloft hotels Franchise
Experience --

Financing Options
 
Radisson RED Franchise
Aloft hotels Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Radisson RED Franchise
Aloft hotels Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Radisson RED Franchise
Aloft 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 Aloft hotels

Aloft Hotels caters to today’s modern traveler who craves jet-setting style and a vibrant social scene at an affordable price. Urban-inspired design, accessible technology and innovative programing centering on music and F&B make Aloft unique to the traditional hotel landscape.

The total investment necessary to begin operation of a newly-constructed prototypical Aloft Hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $10,358,360 to $21,797,660 for an 80 to 110-guestroom Aloft Hotel to $13,906,160 to $26,620,860 for a 120 to 150-guestroom Aloft Hotel. This includes approximately $185,050 to $258,650 that must be paid to the franchisor or an affiliate.