Start-Up Costs and Fees |
||
| Value Place | Red Carpet Inn | |
| Investment | 5035000 - 7031000 | 133600 - 2602000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 3% |
| Advertising Fee | 2.50% | |
| Year Founded | 2003 | 1982 |
| Year Franchised | 2004 | 1982 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Value Place | Red Carpet Inn | |
| Experience | ||
Financing Options |
||
| Value Place | Red Carpet Inn | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Value Place | 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 |
||
| Value Place | Red Carpet Inn | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Value Place | |
| Red Carpet Inn | |
| Franchise Fee | |
| Value Place | |
| Red Carpet Inn | |
| Royalty Fee | |
| Value Place | 5% |
| Red Carpet Inn | 3% |
| Advertising Fee | |
| Value Place | |
| Red Carpet Inn | 2.50% |
| Year Founded | |
| Value Place | 2003 |
| Red Carpet Inn | 1982 |
| Year Franchised | |
| Value Place | 2004 |
| Red Carpet Inn | 1982 |
| Term Of Agreement | |
| Value Place | 20 years |
| Red Carpet Inn | |
| Renewal Fee | |
| Value Place | 50% of current fran. fee |
| Red Carpet Inn | |
Business Experience Requirements |
|
| Experience | |
| Value Place | |
| Red Carpet Inn | |
Financing Options |
|
| Franchise Fees | |
| Value Place | No |
| Red Carpet Inn | No |
| Start-up Costs | |
| Value Place | |
| Red Carpet Inn | |
| Equipment | |
| Value Place} | |
| Red Carpet Inn | |
| Inventory | |
| Value Place | |
| Red Carpet Inn | |
| Receivables | |
| Value Place | |
| Red Carpet Inn | |
| Payroll | |
| Value Place | |
| Red Carpet Inn | |
Training & Support |
|
| Training | |
| Value Place | |
| Red Carpet Inn | |
| Support | |
| Value Place | |
| Red Carpet Inn | |
| Marketing | |
| Value Place | |
| 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 | |
| Value Place | |
| Red Carpet Inn | |
Expansion Plans |
|
| US Expansion | |
| Value Place | |
| Red Carpet Inn | |
| Canada Expansion | |
| Value Place | 0 |
| Red Carpet Inn | |
| International Expansion | |
| Value Place | |
| Red Carpet Inn | |