TownePlace Suites vs Red Carpet Inn Franchise Comparison

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

Start-Up Costs and Fees

  TownePlace Suites Red Carpet Inn
Investment 9180100 - 25635600 133600 - 2602000
Franchise Fee
Royalty Fee 3%
Advertising Fee 2.50%
Year Founded 1997 1982
Year Franchised 1997 1982
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  TownePlace Suites Red Carpet Inn
Experience

Financing Options

  TownePlace Suites Red Carpet Inn
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  TownePlace Suites Red Carpet Inn
Training
Support
Marketing Hospitality International's Marketing Team works in concert with the Franchise Development Team for the purpose of finding new resources to attract new guests and to retain the current guest base of our franchised locations. In addition, the two teams collaborate to discover creative and cost effective ways to promote Hospitality International's five brands to encourage brand recognition and loyalty. Increasing Reservations is a key component of the Marketing Department's responsibility. Therefore, Corporate Discount Programs, Advertising and E-commerce efforts all combine to support and enhance our Reservation Services. Local Marketing efforts and Training opportunities are discussed in the Support & Benefits section of this site. Logos divider
Operations

Expansion Plans

  TownePlace Suites Red Carpet Inn
US Expansion
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
TownePlace Suites
Red Carpet Inn
Franchise Fee
TownePlace Suites
Red Carpet Inn
Royalty Fee
TownePlace Suites
Red Carpet Inn 3%
Advertising Fee
TownePlace Suites
Red Carpet Inn 2.50%
Year Founded
TownePlace Suites 1997
Red Carpet Inn 1982
Year Franchised
TownePlace Suites 1997
Red Carpet Inn 1982
Term Of Agreement
TownePlace Suites
Red Carpet Inn
Renewal Fee
TownePlace Suites
Red Carpet Inn


Business Experience Requirements

Experience
TownePlace Suites
Red Carpet Inn

Financing Options

 
Franchise Fees
TownePlace Suites
Red Carpet Inn
Start-up Costs
TownePlace Suites
Red Carpet Inn
Equipment
TownePlace Suites}
Red Carpet Inn
Inventory
TownePlace Suites
Red Carpet Inn
Receivables
TownePlace Suites
Red Carpet Inn
Payroll
TownePlace Suites
Red Carpet Inn

Training & Support

Training
TownePlace Suites
Red Carpet Inn
Support
TownePlace Suites
Red Carpet Inn
Marketing
TownePlace Suites
Red Carpet Inn Hospitality International's Marketing Team works in concert with the Franchise Development Team for the purpose of finding new resources to attract new guests and to retain the current guest base of our franchised locations. In addition, the two teams collaborate to discover creative and cost effective ways to promote Hospitality International's five brands to encourage brand recognition and loyalty. Increasing Reservations is a key component of the Marketing Department's responsibility. Therefore, Corporate Discount Programs, Advertising and E-commerce efforts all combine to support and enhance our Reservation Services. Local Marketing efforts and Training opportunities are discussed in the Support & Benefits section of this site. Logos divider
Operations
TownePlace Suites
Red Carpet Inn

Expansion Plans

US Expansion
TownePlace Suites
Red Carpet Inn
Canada Expansion
TownePlace Suites 0
Red Carpet Inn
International Expansion
TownePlace Suites
Red Carpet Inn