Park Inn by Radisson

Park Inn by Radisson

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Promoted Opportunities

Park Inn by Radisson

Initial Investment

LOW: $1,682,240
HIGH: $4,753,320

Change in Units

+6.7% +9 UNITS (1 Year)
+13.5% +17 UNITS (3 Years)

Company Profile

Founded

1986

Franchising Since

1993 (24 Years)

Corporate Address

701 Carlson Pkwy. MS8254 Minnetonka, MN 55305

CEO

David Berg

Parent Company

Carlson Rezidor Hotel Group

About Park Inn by Radisson

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.

Financials

Financial Requirements

Initial Investment

$1,682,240 - $4,753,320

Ongoing Fees

Initial Franchise Fee

$35,000

Ongoing Royalty Fee

4.5%

Ad Royalty Fee

2%

Units (Locations)

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

Operations & Franchisor Support

Training Onsite: varies

Training at headquarters: 4 days

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: August 15th, 2016

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