GrandStay Residential Suites vs The Red Collection Franchise Comparison

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

Start-Up Costs and Fees

 
GrandStay Residential Suites Franchise
The Red Collection Franchise
Investment $117,900 - $10,090,200$787,000 - $1,745,500
Franchise Fee $35,000$30,000
Royalty Fee 5%-
Advertising Fee 2%-
Year Founded 20002017
Year Franchised 20002017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
GrandStay Residential Suites Franchise
The Red Collection Franchise
Experience --

Financing Options

 
GrandStay Residential Suites Franchise
The Red Collection Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
GrandStay Residential Suites Franchise
The Red Collection Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
GrandStay Residential Suites Franchise
The Red Collection Franchise
US Expansion Yes-
Canada Expansion --
International Expansion --

Company Overviews

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.



About The Red Collection

"The
Red Roof® properties, including The Red Collection, consistently outperform in the economy market and have some of the lowest fees in the industry.

Red Roof is expanding internationally to Brazil, Canada, Thailand, and Japan as well as across the U.S.A.

The total investment necessary to begin operation of a hotel participating in The Red Collection franchise for a 65-room conversion hotel ranges from $787,000 to $1,745,500. These amounts do not include the cost of land or rent for the hotel location but do include the approximately $57,500 to $62,000 that must be paid to the franchisor or affiliate.