Radisson RED vs Canopy Franchise Comparison

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

Start-Up Costs and Fees
 
Radisson RED Franchise
Canopy Franchise
Investment $7,180,738 - $33,494,350$44,872,050 - $114,186,475
Franchise Fee $75,000$75,000
Royalty Fee -5%
Advertising Fee -4%
Year Founded -2007
Year Franchised -2007
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Radisson RED Franchise
Canopy Franchise
Experience --

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

Training & Support
 
Radisson RED Franchise
Canopy Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Radisson RED Franchise
Canopy 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 Canopy

"Canopy
The Hilton Performance Advantage is an integrated system of innovative solutions and advanced technologies that work together to drive increased business and keep costs down, without compromising quality. Together, these seven services provide access to the latest tools, technologies, forward-thinking strategies, and the most influential people in the industry to create an unrivaled competitive advantage.

#210 in Franchise 500 for 2021   Not in Franchise 500 for 2020