Park Plaza Hotels and Resorts Franchise

Hotels

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Park Inn leaders work closely with global development partners to expand the brand's portfolio of locations in key business and destination travel markets worldwide. Today, the brand boasts hotels in exciting locations such as Belgium, Germany, Iceland, Russia, Switzerland and the United Kingdom. Global Partners In Europe, the Middle East and Africa, Rezidor Hotel Group is the master franchisor for Park Inn hotels. In the South Pacific and Southeast Asian countries, Carlson Hotels Asia Pacific has the responsibility for developing the brand in this region of the world. Across India, Sarovar Park Plaza Hotels operates the extensive network of Park Inn hotels.

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$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of Park Plaza Hotels and Resorts, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Park Plaza Hotels and Resorts website.

How much does it cost to open a Park Plaza Hotels and Resorts Franchise ?

The investment required to open a Park Plaza Hotels and Resorts Franchise is between $187,500 - $1,200,000 .

Individual Franchise Costs

  • Initial Investment:
    $187,500 -
  • Initial Franchise Fee:
    N/A
  • Royalty Fee:
    5%
  • Term of Agreement:
    15 years

Expense In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives

Marketing
Co-op advertising, Ad slicks, National media, Regional advertising

Park Plaza Hotels and Resorts Growth History

When did the first Park Plaza Hotels and Resorts open? 1986
When did Park Plaza Hotels and Resorts start Franchising ? 1993

Year U.S.A. Canada International Corporate
2005 10 2 23 0
2004 11 2 24 0
2003 6 1 26 0
2002 6 1 23 0
2001 2 0 2 0

Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is allowed.


How much does a Park Plaza Hotels and Resorts Franchise owner make?

Your income potential as a Park Plaza Hotels and Resorts Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your oper_ation costs and increasing the quality of your products and or services. Each month your oper_ating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the ext, you _may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.

Initial Investment
$0 - $1,200,000
Initial Franchise Fee
N/A
Royalty Fee
5%
Term of Agreement
15 years
Latest News
Park Plaza Hotels & Resorts Names 2004 Employee Of The Year
Minneapolis, Minn
2005-04-26
London's Most Exciting Conference Hotel In Over 30 Years Opens Its Doors To The Public
London
2005-04-01
Carlson Hotels Worldwide And Its Family Of Hotel Brands Join Together To End Exploitation Of Children And Young Women Around The World
Minneapolis, Minn
2005-04-01
Park Plaza Hotels Europe Unveil Plans For Stunning New Berlin Hotel - Opening Spring 2006
Berlin, Germany
2005-03-01
Stunning New Cardiff Hotel Opens As A Sell-out
Cardiff, Wales
2005-02-01
Carlson Hotels Worldwide Offers Global Guarantee:best Online Rate Will Be Available On Company's Hotel Brand Websites
Minneapolis, Minn
2004-04-16 View All

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Park Plaza Hotels and Resorts Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Park Plaza Hotels and Resorts and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a Park Plaza Hotels and Resorts franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.