Radisson
Hotels

Radisson
Hotels

About
Founded

1962

Franchising Since

1983 (37 Years)

Corporate Address

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

Leadership

Ken Greene, CEO

Parent Company

Radisson Hotel Group

Financial Requirements
Initial Investment

$9,978,498 - $52,295,110

Ongoing Fees
Initial Franchise Fee

$75,000 - $75,000

Ongoing Royalty Fee

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
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.
Cost
Initial Investment: Low - $9,978,498 High - $52,295,110
Units
+4.9%+8 UNITS (1 Year) +9.6%+15 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.

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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 2nd, 2019