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