Start-Up Costs and Fees |
||
| Red Carpet Inn | Wyndham Hotels & Resorts | |
| Investment | 133600 - 2602000 | 42112580 - 69188897 |
| Franchise Fee | ||
| Royalty Fee | 3% | 5% |
| Advertising Fee | 2.50% | 3% |
| Year Founded | 1982 | 1981 |
| Year Franchised | 1982 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Red Carpet Inn | Wyndham Hotels & Resorts | |
| Experience | ||
Financing Options |
||
| Red Carpet Inn | Wyndham Hotels & Resorts | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Red Carpet Inn | Wyndham Hotels & Resorts | |
| Training | On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform | |
| 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 Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 10 - 15 | |
Expansion Plans |
||
| Red Carpet Inn | Wyndham Hotels & Resorts | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Red Carpet Inn | |
| Wyndham Hotels & Resorts | |
| Franchise Fee | |
| Red Carpet Inn | |
| Wyndham Hotels & Resorts | |
| Royalty Fee | |
| Red Carpet Inn | 3% |
| Wyndham Hotels & Resorts | 5% |
| Advertising Fee | |
| Red Carpet Inn | 2.50% |
| Wyndham Hotels & Resorts | 3% |
| Year Founded | |
| Red Carpet Inn | 1982 |
| Wyndham Hotels & Resorts | 1981 |
| Year Franchised | |
| Red Carpet Inn | 1982 |
| Wyndham Hotels & Resorts | 1996 |
| Term Of Agreement | |
| Red Carpet Inn | |
| Wyndham Hotels & Resorts | 15-20 YEARS |
| Renewal Fee | |
| Red Carpet Inn | |
| Wyndham Hotels & Resorts | Negotiable, renewable |
Business Experience Requirements |
|
| Experience | |
| Red Carpet Inn | |
| Wyndham Hotels & Resorts | |
Financing Options |
|
| Franchise Fees | |
| Red Carpet Inn | |
| Wyndham Hotels & Resorts | |
| Start-up Costs | |
| Red Carpet Inn | |
| Wyndham Hotels & Resorts | |
| Equipment | |
| Red Carpet Inn} | |
| Wyndham Hotels & Resorts | |
| Inventory | |
| Red Carpet Inn | |
| Wyndham Hotels & Resorts | |
| Receivables | |
| Red Carpet Inn | |
| Wyndham Hotels & Resorts | |
| Payroll | |
| Red Carpet Inn | |
| Wyndham Hotels & Resorts | |
Training & Support |
|
| Training | |
| Red Carpet Inn | |
| Wyndham Hotels & Resorts | On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops |
| Support | |
| Red Carpet Inn | |
| Wyndham Hotels & Resorts | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
| 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 |
| Wyndham Hotels & Resorts | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Red Carpet Inn | |
| Wyndham Hotels & Resorts | Absentee Ownership Allowed Number of Employees Required to Run: 10 - 15 |
Expansion Plans |
|
| US Expansion | |
| Red Carpet Inn | |
| Wyndham Hotels & Resorts | |
| Canada Expansion | |
| Red Carpet Inn | |
| Wyndham Hotels & Resorts | 0 |
| International Expansion | |
| Red Carpet Inn | |
| Wyndham Hotels & Resorts | |