Start-Up Costs and Fees |
||
| Microtel Inns & Suites | Red Carpet Inn | |
| Investment | 5709119 - 6799356 | 133600 - 2602000 |
| Franchise Fee | ||
| Royalty Fee | 6% | 3% |
| Advertising Fee | 2% | 2.50% |
| Year Founded | 1987 | 1982 |
| Year Franchised | 1988 | 1982 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Microtel Inns & Suites | Red Carpet Inn | |
| Experience | General business experience | |
Financing Options |
||
| Microtel Inns & Suites | Red Carpet Inn | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Microtel Inns & Suites | Red Carpet Inn | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | 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 | 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 20 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Microtel Inns & Suites | Red Carpet Inn | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Microtel Inns & Suites | |
| Red Carpet Inn | |
| Franchise Fee | |
| Microtel Inns & Suites | |
| Red Carpet Inn | |
| Royalty Fee | |
| Microtel Inns & Suites | 6% |
| Red Carpet Inn | 3% |
| Advertising Fee | |
| Microtel Inns & Suites | 2% |
| Red Carpet Inn | 2.50% |
| Year Founded | |
| Microtel Inns & Suites | 1987 |
| Red Carpet Inn | 1982 |
| Year Franchised | |
| Microtel Inns & Suites | 1988 |
| Red Carpet Inn | 1982 |
| Term Of Agreement | |
| Microtel Inns & Suites | 20 years |
| Red Carpet Inn | |
| Renewal Fee | |
| Microtel Inns & Suites | 50% of current franchise fee |
| Red Carpet Inn | |
Business Experience Requirements |
|
| Experience | |
| Microtel Inns & Suites | General business experience |
| Red Carpet Inn | |
Financing Options |
|
| Franchise Fees | |
| Microtel Inns & Suites | No |
| Red Carpet Inn | No |
| Start-up Costs | |
| Microtel Inns & Suites | |
| Red Carpet Inn | |
| Equipment | |
| Microtel Inns & Suites} | |
| Red Carpet Inn | |
| Inventory | |
| Microtel Inns & Suites | |
| Red Carpet Inn | |
| Receivables | |
| Microtel Inns & Suites | |
| Red Carpet Inn | |
| Payroll | |
| Microtel Inns & Suites | |
| Red Carpet Inn | |
Training & Support |
|
| Training | |
| Microtel Inns & Suites | |
| Red Carpet Inn | |
| Support | |
| Microtel Inns & Suites | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Red Carpet Inn | |
| Marketing | |
| Microtel Inns & Suites | Co-op advertising, Ad slicks, National media, Regional advertising |
| 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 | |
| Microtel Inns & Suites | 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 20 Absentee ownership of franchise is allowed. |
| Red Carpet Inn | |
Expansion Plans |
|
| US Expansion | |
| Microtel Inns & Suites | |
| Red Carpet Inn | |
| Canada Expansion | |
| Microtel Inns & Suites | 0 |
| Red Carpet Inn | |
| International Expansion | |
| Microtel Inns & Suites | |
| Red Carpet Inn | |