Park Plaza vs Red Carpet Inn Franchise Comparison

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

Start-Up Costs and Fees

  Park Plaza Red Carpet Inn
Investment 1500000 - 6500000 133600 - 2602000
Franchise Fee 0
Royalty Fee 4-5% 3%
Advertising Fee 2% 2.50%
Year Founded 1986 1982
Year Franchised 1993 1982
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Park Plaza Red Carpet Inn
Experience

Financing Options

  Park Plaza Red Carpet Inn
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Park Plaza 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

  Park Plaza Red Carpet Inn
US Expansion
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
Park Plaza
Red Carpet Inn
Franchise Fee
Park Plaza
Red Carpet Inn
Royalty Fee
Park Plaza 4-5%
Red Carpet Inn 3%
Advertising Fee
Park Plaza 2%
Red Carpet Inn 2.50%
Year Founded
Park Plaza 1986
Red Carpet Inn 1982
Year Franchised
Park Plaza 1993
Red Carpet Inn 1982
Term Of Agreement
Park Plaza
Red Carpet Inn
Renewal Fee
Park Plaza
Red Carpet Inn


Business Experience Requirements

Experience
Park Plaza
Red Carpet Inn

Financing Options

 
Franchise Fees
Park Plaza No
Red Carpet Inn No
Start-up Costs
Park Plaza
Red Carpet Inn
Equipment
Park Plaza}
Red Carpet Inn
Inventory
Park Plaza
Red Carpet Inn
Receivables
Park Plaza
Red Carpet Inn
Payroll
Park Plaza
Red Carpet Inn

Training & Support

Training
Park Plaza
Red Carpet Inn
Support
Park Plaza
Red Carpet Inn
Marketing
Park Plaza
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
Park Plaza
Red Carpet Inn

Expansion Plans

US Expansion
Park Plaza
Red Carpet Inn
Canada Expansion
Park Plaza
Red Carpet Inn
International Expansion
Park Plaza
Red Carpet Inn