Red Carpet Inn vs Residence Inn Franchise Comparison

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

Start-Up Costs and Fees

  Red Carpet Inn Residence Inn
Investment 133600 - 2602000 0 - 0
Franchise Fee
Royalty Fee 3%
Advertising Fee 2.50%
Year Founded 1982 0
Year Franchised 1982 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Red Carpet Inn Residence Inn
Experience

Financing Options

  Red Carpet Inn Residence Inn
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  Red Carpet Inn Residence Inn
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 Residence Inn
US Expansion
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
Red Carpet Inn
Residence Inn
Franchise Fee
Red Carpet Inn
Residence Inn
Royalty Fee
Red Carpet Inn 3%
Residence Inn
Advertising Fee
Red Carpet Inn 2.50%
Residence Inn
Year Founded
Red Carpet Inn 1982
Residence Inn 0
Year Franchised
Red Carpet Inn 1982
Residence Inn 0
Term Of Agreement
Red Carpet Inn
Residence Inn
Renewal Fee
Red Carpet Inn
Residence Inn


Business Experience Requirements

Experience
Red Carpet Inn
Residence Inn

Financing Options

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

Training & Support

Training
Red Carpet Inn
Residence Inn
Support
Red Carpet Inn
Residence Inn
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
Residence Inn
Operations
Red Carpet Inn
Residence Inn

Expansion Plans

US Expansion
Red Carpet Inn
Residence Inn
Canada Expansion
Red Carpet Inn
Residence Inn 0
International Expansion
Red Carpet Inn
Residence Inn