Home2 Suites vs Red Carpet Inn Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Home2 Suites vs Red Carpet Inn including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Home2 Suites Red Carpet Inn
Investment 9102300 - 17456500 133600 - 2602000
Franchise Fee
Royalty Fee 5% 3%
Advertising Fee 3.50% 2.50%
Year Founded 2008 1982
Year Franchised 2009 1982
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Home2 Suites Red Carpet Inn
Experience

Financing Options
  Home2 Suites Red Carpet Inn
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  Home2 Suites Red Carpet Inn
Training On-The-Job Training: 1 hour Classroom Training: Varies
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app 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 Number of Employees Required to Run: 30

Expansion Plans
  Home2 Suites Red Carpet Inn
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion Worldwide,

Start-Up Costs and Fees Mobile
Investment
Home2 Suites
Red Carpet Inn
Franchise Fee
Home2 Suites
Red Carpet Inn
Royalty Fee
Home2 Suites 5%
Red Carpet Inn 3%
Advertising Fee
Home2 Suites 3.50%
Red Carpet Inn 2.50%
Year Founded
Home2 Suites 2008
Red Carpet Inn 1982
Year Franchised
Home2 Suites 2009
Red Carpet Inn 1982
Term Of Agreement
Home2 Suites 22 years
Red Carpet Inn
Renewal Fee
Home2 Suites Same as initial fee
Red Carpet Inn


Business Experience Requirements
Experience
Home2 Suites
Red Carpet Inn

Financing Options
 
Franchise Fees
Home2 Suites
Red Carpet Inn
Start-up Costs
Home2 Suites
Red Carpet Inn
Equipment
Home2 Suites}
Red Carpet Inn
Inventory
Home2 Suites
Red Carpet Inn
Receivables
Home2 Suites
Red Carpet Inn
Payroll
Home2 Suites
Red Carpet Inn

Training & Support
Training
Home2 Suites On-The-Job Training: 1 hour Classroom Training: Varies
Red Carpet Inn
Support
Home2 Suites Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Red Carpet Inn
Marketing
Home2 Suites Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
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
Home2 Suites Number of Employees Required to Run: 30
Red Carpet Inn

Expansion Plans
US Expansion
Home2 Suites Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Red Carpet Inn
Canada Expansion
Home2 Suites Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
Red Carpet Inn
International Expansion
Home2 Suites Worldwide,
Red Carpet Inn