Red Carpet Inn vs Park Plaza Franchise Comparison

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

Start-Up Costs and Fees

  Red Carpet Inn Park Plaza
Investment 133600 - 2602000 1500000 - 6500000
Franchise Fee 0
Royalty Fee 3% 4-5%
Advertising Fee 2.50% 2%
Year Founded 1982 1986
Year Franchised 1982 1993
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Red Carpet Inn Park Plaza
Experience

Financing Options

  Red Carpet Inn Park Plaza
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Red Carpet Inn Park Plaza
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

  Red Carpet Inn Park Plaza
US Expansion
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
Red Carpet Inn
Park Plaza
Franchise Fee
Red Carpet Inn
Park Plaza
Royalty Fee
Red Carpet Inn 3%
Park Plaza 4-5%
Advertising Fee
Red Carpet Inn 2.50%
Park Plaza 2%
Year Founded
Red Carpet Inn 1982
Park Plaza 1986
Year Franchised
Red Carpet Inn 1982
Park Plaza 1993
Term Of Agreement
Red Carpet Inn
Park Plaza
Renewal Fee
Red Carpet Inn
Park Plaza


Business Experience Requirements

Experience
Red Carpet Inn
Park Plaza

Financing Options

 
Franchise Fees
Red Carpet Inn
Park Plaza
Start-up Costs
Red Carpet Inn
Park Plaza
Equipment
Red Carpet Inn}
Park Plaza
Inventory
Red Carpet Inn
Park Plaza
Receivables
Red Carpet Inn
Park Plaza
Payroll
Red Carpet Inn
Park Plaza

Training & Support

Training
Red Carpet Inn
Park Plaza
Support
Red Carpet Inn
Park Plaza
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
Park Plaza
Operations
Red Carpet Inn
Park Plaza

Expansion Plans

US Expansion
Red Carpet Inn
Park Plaza
Canada Expansion
Red Carpet Inn
Park Plaza
International Expansion
Red Carpet Inn
Park Plaza