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