Start-Up Costs and Fees |
||
| WoodSpring Suites | Red Carpet Inn | |
| Investment | 5035000 - 7031000 | 133600 - 2602000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 3% |
| Advertising Fee | 2.50% | 2.50% |
| Year Founded | 2003 | 1982 |
| Year Franchised | 2004 | 1982 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| WoodSpring Suites | Red Carpet Inn | |
| Experience | ||
Financing Options |
||
| WoodSpring Suites | Red Carpet Inn | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| WoodSpring Suites | Red Carpet Inn | |
| Training | On-The-Job Training: Upon request Classroom Training: Varies | |
| Support | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | |
| 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 |
||
| WoodSpring Suites | Red Carpet Inn | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| WoodSpring Suites | |
| Red Carpet Inn | |
| Franchise Fee | |
| WoodSpring Suites | |
| Red Carpet Inn | |
| Royalty Fee | |
| WoodSpring Suites | 5% |
| Red Carpet Inn | 3% |
| Advertising Fee | |
| WoodSpring Suites | 2.50% |
| Red Carpet Inn | 2.50% |
| Year Founded | |
| WoodSpring Suites | 2003 |
| Red Carpet Inn | 1982 |
| Year Franchised | |
| WoodSpring Suites | 2004 |
| Red Carpet Inn | 1982 |
| Term Of Agreement | |
| WoodSpring Suites | |
| Red Carpet Inn | |
| Renewal Fee | |
| WoodSpring Suites | |
| Red Carpet Inn | |
Business Experience Requirements |
|
| Experience | |
| WoodSpring Suites | |
| Red Carpet Inn | |
Financing Options |
|
| Franchise Fees | |
| WoodSpring Suites | |
| Red Carpet Inn | |
| Start-up Costs | |
| WoodSpring Suites | |
| Red Carpet Inn | |
| Equipment | |
| WoodSpring Suites} | |
| Red Carpet Inn | |
| Inventory | |
| WoodSpring Suites | |
| Red Carpet Inn | |
| Receivables | |
| WoodSpring Suites | |
| Red Carpet Inn | |
| Payroll | |
| WoodSpring Suites | |
| Red Carpet Inn | |
Training & Support |
|
| Training | |
| WoodSpring Suites | On-The-Job Training: Upon request Classroom Training: Varies |
| Red Carpet Inn | |
| Support | |
| WoodSpring Suites | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Red Carpet Inn | |
| Marketing | |
| WoodSpring 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 | |
| WoodSpring Suites | |
| Red Carpet Inn | |
Expansion Plans |
|
| US Expansion | |
| WoodSpring Suites | |
| Red Carpet Inn | |
| Canada Expansion | |
| WoodSpring Suites | |
| Red Carpet Inn | |
| International Expansion | |
| WoodSpring Suites | |
| Red Carpet Inn | |