Start-Up Costs and Fees |
||
| Red Carpet Inn | Ramada Worldwide | |
| Investment | 133600 - 2602000 | 220731 - 9291313 |
| Franchise Fee | 0 | |
| Royalty Fee | 3% | 4.50% |
| Advertising Fee | 2.50% | 4% |
| Year Founded | 1982 | 1954 |
| Year Franchised | 1982 | 1990 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Red Carpet Inn | Ramada Worldwide | |
| Experience | ||
Financing Options |
||
| Red Carpet Inn | Ramada Worldwide | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Red Carpet Inn | Ramada Worldwide | |
| Training | Regional workshops | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| 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 | Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Red Carpet Inn | Ramada Worldwide | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Red Carpet Inn | |
| Ramada Worldwide | |
| Franchise Fee | |
| Red Carpet Inn | |
| Ramada Worldwide | |
| Royalty Fee | |
| Red Carpet Inn | 3% |
| Ramada Worldwide | 4.50% |
| Advertising Fee | |
| Red Carpet Inn | 2.50% |
| Ramada Worldwide | 4% |
| Year Founded | |
| Red Carpet Inn | 1982 |
| Ramada Worldwide | 1954 |
| Year Franchised | |
| Red Carpet Inn | 1982 |
| Ramada Worldwide | 1990 |
| Term Of Agreement | |
| Red Carpet Inn | |
| Ramada Worldwide | 15-20 years |
| Renewal Fee | |
| Red Carpet Inn | |
| Ramada Worldwide | |
Business Experience Requirements |
|
| Experience | |
| Red Carpet Inn | |
| Ramada Worldwide | |
Financing Options |
|
| Franchise Fees | |
| Red Carpet Inn | |
| Ramada Worldwide | |
| Start-up Costs | |
| Red Carpet Inn | |
| Ramada Worldwide | |
| Equipment | |
| Red Carpet Inn} | |
| Ramada Worldwide | |
| Inventory | |
| Red Carpet Inn | |
| Ramada Worldwide | |
| Receivables | |
| Red Carpet Inn | |
| Ramada Worldwide | |
| Payroll | |
| Red Carpet Inn | |
| Ramada Worldwide | |
Training & Support |
|
| Training | |
| Red Carpet Inn | |
| Ramada Worldwide | Regional workshops |
| Support | |
| Red Carpet Inn | |
| Ramada Worldwide | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| 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 |
| Ramada Worldwide | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Red Carpet Inn | |
| Ramada Worldwide | Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| Red Carpet Inn | |
| Ramada Worldwide | |
| Canada Expansion | |
| Red Carpet Inn | |
| Ramada Worldwide | |
| International Expansion | |
| Red Carpet Inn | |
| Ramada Worldwide | |