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- 2023 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.
About Radisson Blu
- Franchising Since
- 2009 (14 years)
- # of employees at HQ
- Where seeking
This company is offering new franchisees throughout the US.
This company is offering new franchisees 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
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $21,234,110 - $121,949,555
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 20 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
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
- Classroom Training
- 47-67 hours
- Ongoing Support
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Interested in ownership opportunities like Radisson Blu? Request a free consultation with a Franchise Advisor now.
Curious to know where Radisson Blu ranked on other franchise lists? Find out below.
Are you eager to see what else is out there? Browse franchises that are similar to Radisson Blu.
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