Park Inn by Radisson
Hotels

Park Inn by Radisson
Hotels

About
Founded

1986

Franchising Since

1993 (26 Years)

Corporate Address

701 Carlson Pkwy., #300, MS 4001
Minnetonka, MN 55305

CEO

Ken Greene

Parent Company

Radisson Hotel Group

Financial Requirements
Initial Investment

$3,691,744 - $20,921,906

Ongoing Fees
Initial Franchise Fee

$35,000 - $35,000

Ongoing Royalty Fee

4.5%

Ad Royalty Fee

2%

Support Options
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

On-The-Job Training:

Varies

Classroom Training:

Varies

Absentee Ownership Allowed
Bio
Park Inn by Radisson hotels can be found primarily in Europe, Africa and the Middle East, as well as North America. The mid-market hotel brand began franchising in 1993, and was acquired by Carlson Hotels in 2000.
Cost
Initial Investment: Low - $3,691,744 High - $20,921,906
Units
+0.7%+1 UNITS (1 Year) +14.2%+19 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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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 11th, 2019