- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$21.2M - $121.9M
- Units as of 2021
-
331 5.1% over 3 years
Radisson Blu became part of the Radisson Hotel Group in 2009. It is an international company with over 300 units - many of which are at destination locations. Over 100 of those locations are international franchises.
Radisson Blu markets to the upper-upscale sector and is a full-service hotel company. The company creates stylish living spaces for guests whether they are visiting for business or leisure. Radisson Blu seeks to provide unparalleled service and comfort so that all guests can have meaningful and memorable experiences.
Radisson Blu headquarters are located in Minnetonka, Minnesota.
Why You May Want To Start a Radisson Blu Franchise
Franchisees who have a passion for serving and creating wonderful experiences might find Radisson Blu to be a good franchise option. The company has a “Yes I Can!” service philosophy and wants to work with individuals who combine a positive attitude and a professional approach.
Franchisees should also display qualities of trust, responsibility, and accountability. Some other attributes Radisson Blu looks for in franchisees include sensibility and practicality in dealing with various situations as they occur, not just theoretical solutions.
Opening a Radisson Blu franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.
What Might Make a Radisson Blu Franchise a Good Choice?
Radisson Blu room service includes various food and drinks, allowing guests the opportunity to stay in for their meal. Another service the hotels offer is workspaces with smart TVs, chargers, adaptors, and ports to promote productive meetings for guests. Many hotels are located close to airports, minimizing the time and distance guests must travel to catch a flight.
To be part of the Radisson Blu team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising fees and royalty fees.
How To Open a Radisson Blu Franchise
Radisson Blu believes it has created a dynamic business model and made significant investments in its information technology systems. Franchisees will receive support in various areas, including field operations, safety and security procedures, proprietary software, and the grand opening. The company also gives franchisees marketing support through many avenues, including their loyalty program, advertising, and social media pages.
As you decide if opening a Radisson Blu franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Radisson Blu franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Radisson Blu franchising team questions.
Company Overview
About Radisson Blu
Business Overview
| Franchising Since | 2009 (15 years) |
|---|---|
| # of employees at HQ | 700 |
| Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises in the following international regions: Central America, Canada, South America, Mexico |
| # of Units | 331 (as of 2021) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Radisson Blu franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$100,000 |
|---|---|
|
Initial Investment
|
$21,234,110 - $121,949,555 |
|
Royalty Fee
|
5% |
|
Ad Royalty Fee
|
2% |
|
Term of Agreement
|
20 years |
| Is franchise term renewable? | No |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | Varies |
|---|---|
| Classroom Training | 47-67 hours |
| Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
|
Are exclusive territories available?
|
No |
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