Radisson

Radisson

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Promoted Opportunities

Radisson

Initial Investment

LOW: $3,181,100
HIGH: $9,873,100

Change in Units

+6.1% +9 UNITS (1 Year)
-63.1% -267 UNITS (3 Years)

Company Profile

Founded

1962

Franchising Since

1983 (34 Years)

Corporate Address

701 Carlson Pkwy., MS8254 Minnetonka, MN 55305

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

$3,181,100 - $9,873,100

Ongoing Fees

Initial Franchise Fee

$75,000

Ongoing Royalty Fee

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
National Media
Regional 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: September 23rd, 2016

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