Radisson

Radisson

Radisson
#478

Initial Investment

LOW: $3,182,500
HIGH: $9,936,360

Change in Units

-200.0% -294 UNITS (1 Year)
-187.8% -276 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

1962

Franchising Since

1983 (33 Years)

Corporate Address

P.O. Box 59159 Minneapolis, MN 55459-8254

CEO

David Berg

Parent Company

Carlson Rezidor Hotel Group

About Radisson

The first Radisson Hotel, named after 17th-center French explorer Pierre-Esprit Radisson, was opened in Minneapolis, Minnesota, in 1909. It was purchased in 1962 by Curt Carlson. Today the chain has locations in over 70 countries around the world. It remains a part of the Carlson hotel group, which also franchises Park Inn by Radisson, Park Plaza and Country Inns & Suites by Carlson.

Financials

Financial Requirements

Initial Investment

$3,182,500 - $9,936,360

Ongoing Fees

Initial Franchise Fee

$75,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

2%

Franchise 500® Rank History

Highest Rank: 188

Lowest Rank: 478

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: 1 week

Training at headquarters: 1 week

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Absentee Ownership Allowed

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: October 12th, 2015

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