GrandStay Residential Suites vs Red Carpet Inn Franchise Comparison

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

Start-Up Costs and Fees

  GrandStay Residential Suites Red Carpet Inn
Investment 117900 - 10090200 133600 - 2602000
Franchise Fee
Royalty Fee 5% 3%
Advertising Fee 2% 2.50%
Year Founded 2000 1982
Year Franchised 2000 1982
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  GrandStay Residential Suites Red Carpet Inn
Experience

Financing Options

  GrandStay Residential Suites Red Carpet Inn
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  GrandStay Residential Suites Red Carpet 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

  GrandStay Residential Suites Red Carpet Inn
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
GrandStay Residential Suites
Red Carpet Inn
Franchise Fee
GrandStay Residential Suites
Red Carpet Inn
Royalty Fee
GrandStay Residential Suites 5%
Red Carpet Inn 3%
Advertising Fee
GrandStay Residential Suites 2%
Red Carpet Inn 2.50%
Year Founded
GrandStay Residential Suites 2000
Red Carpet Inn 1982
Year Franchised
GrandStay Residential Suites 2000
Red Carpet Inn 1982
Term Of Agreement
GrandStay Residential Suites
Red Carpet Inn
Renewal Fee
GrandStay Residential Suites
Red Carpet Inn


Business Experience Requirements

Experience
GrandStay Residential Suites
Red Carpet Inn

Financing Options

 
Franchise Fees
GrandStay Residential Suites
Red Carpet Inn
Start-up Costs
GrandStay Residential Suites
Red Carpet Inn
Equipment
GrandStay Residential Suites}
Red Carpet Inn
Inventory
GrandStay Residential Suites
Red Carpet Inn
Receivables
GrandStay Residential Suites
Red Carpet Inn
Payroll
GrandStay Residential Suites
Red Carpet Inn

Training & Support

Training
GrandStay Residential Suites
Red Carpet Inn
Support
GrandStay Residential Suites
Red Carpet Inn
Marketing
GrandStay Residential Suites
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
GrandStay Residential Suites
Red Carpet Inn

Expansion Plans

US Expansion
GrandStay Residential Suites Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Red Carpet Inn
Canada Expansion
GrandStay Residential Suites
Red Carpet Inn
International Expansion
GrandStay Residential Suites
Red Carpet Inn