The Red Collection vs Hyatt Centric Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Red Collection vs Hyatt Centric including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$787,000 - $1,745,500 | $29,373,500 - $105,360,000 |
Franchise Fee |
$30,000 | $100,000 |
Royalty Fee |
- | - |
Advertising Fee |
- | - |
Year Founded |
2017 | 2015 |
Year Franchised |
2017 | 2015 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
- | Yes |
Company Overviews
About The Red Collection
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.
About Hyatt Centric
Start here. Discover everywhere.
Hyatt Centric hotels are located in the heart of the action, serving as the
perfect spot for exploring all your destination has to offer.
Our Hyatt Centric hosts are destination experts