Start-Up Costs and Fees |
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| Red Carpet Inn | Wingate by Wyndham | |
| Investment | 133600 - 2602000 | 375465 - 10816446 |
| Franchise Fee | 0 | |
| Royalty Fee | 3% | 4.50% |
| Advertising Fee | 2.50% | 4% |
| Year Founded | 1982 | 1995 |
| Year Franchised | 1982 | 1995 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Red Carpet Inn | Wingate by Wyndham | |
| Experience | ||
Financing Options |
||
| Red Carpet Inn | Wingate by Wyndham | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Red Carpet Inn | Wingate by Wyndham | |
| Training | Regional workshops | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, 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, National media, Regional advertising |
| Operations | International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 - 20 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Red Carpet Inn | Wingate by Wyndham | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Red Carpet Inn | |
| Wingate by Wyndham | |
| Franchise Fee | |
| Red Carpet Inn | |
| Wingate by Wyndham | |
| Royalty Fee | |
| Red Carpet Inn | 3% |
| Wingate by Wyndham | 4.50% |
| Advertising Fee | |
| Red Carpet Inn | 2.50% |
| Wingate by Wyndham | 4% |
| Year Founded | |
| Red Carpet Inn | 1982 |
| Wingate by Wyndham | 1995 |
| Year Franchised | |
| Red Carpet Inn | 1982 |
| Wingate by Wyndham | 1995 |
| Term Of Agreement | |
| Red Carpet Inn | |
| Wingate by Wyndham | 20 years |
| Renewal Fee | |
| Red Carpet Inn | |
| Wingate by Wyndham | |
Business Experience Requirements |
|
| Experience | |
| Red Carpet Inn | |
| Wingate by Wyndham | |
Financing Options |
|
| Franchise Fees | |
| Red Carpet Inn | |
| Wingate by Wyndham | |
| Start-up Costs | |
| Red Carpet Inn | |
| Wingate by Wyndham | |
| Equipment | |
| Red Carpet Inn} | |
| Wingate by Wyndham | |
| Inventory | |
| Red Carpet Inn | |
| Wingate by Wyndham | |
| Receivables | |
| Red Carpet Inn | |
| Wingate by Wyndham | |
| Payroll | |
| Red Carpet Inn | |
| Wingate by Wyndham | |
Training & Support |
|
| Training | |
| Red Carpet Inn | |
| Wingate by Wyndham | Regional workshops |
| Support | |
| Red Carpet Inn | |
| Wingate by Wyndham | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, 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 |
| Wingate by Wyndham | Co-op advertising, National media, Regional advertising |
| Operations | |
| Red Carpet Inn | |
| Wingate by Wyndham | International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 - 20 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| Red Carpet Inn | |
| Wingate by Wyndham | |
| Canada Expansion | |
| Red Carpet Inn | |
| Wingate by Wyndham | |
| International Expansion | |
| Red Carpet Inn | |
| Wingate by Wyndham | |