Radisson

Radisson

Hotels
FREE Franchise Guide!
2022 Franchise 500 Rank
#442 Not ranked last year
See the Full List
Initial investment
$10M - $52.3M
Units as of 2021
190 16.6% over 3 years

Here’s what you need to know if you’re interested in opening a Radisson franchise.

In 1962, Radisson formed part of one of the largest hotel groups worldwide. Radisson hotels and resorts are available in dozens of countries and continue to spread their wings to other unchartered territories. 

Radisson may offer meaningful, inspiring, and delightful experiences all around the globe in an effort to cement their place in the hospitality industry. Radisson’s philosophy is to thrive, remain sustainable, and develop business models that support everyone.

From the larger Radisson Hotel Group Americas, Radisson believes it has established itself as a people company. With extremely passionate colleagues, service delivery to their guests may be impeccable. Everyone involved is expected to be pragmatic, agile, responsive, and provide compelling brands to their owners and guests.

Radisson began franchising in 1983 and has since opened many locations in both the United States and internationally.

Why You May Want to Start a Radisson Franchise 

Radisson may be a massive business entity. As such, potential Radisson franchisees should have substantial business aspirations. If you are dedicated and passionate about the hospitality industry, have enough capital to begin a Radisson franchise, and possess exceptional entrepreneurship skills, you may be invited to apply to be a franchisee.

Opening a Radisson franchise could offer a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry.

What Might Make a Radisson Franchise a Good Choice?

Being part of the Radisson franchise could allow you to access a dynamic business model. You also may benefit from plenty of investments in information technology and systems, commercial engine and operation efficiencies, and, above all, you become a part of one of the largest hotel groups in the world.

Whether you want to open a resort, suite, or hotel format that the franchise offers, there may not be a limit to how far you can go. This may be a good opportunity to benefit from the diverse options available in the hospitality industry.

To be part of the Radisson 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, royalty, and potential renewal fees. 

How to Open a Radisson Franchise

As you decide if opening a Radisson 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 franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

Franchisees could receive a great deal of support from the Radisson brand throughout the franchising process if awarded a franchise. In addition to pre-opening training, franchisees may receive support through brand awareness, marketing, research, and construction. Radisson franchisees could also receive hands-on training and continued support after opening their franchise location.

It may be a good idea to speak with an attorney or financial advisor to ensure that you have the necessary financial resources to own and operate a Radisson franchise.

Find Your Perfect Franchise

Company Overview

About Radisson

Industry
Lodging
Related Categories
Hotels & Motels
Founded
1962
Parent Company
Radisson Hotel Group Americas
Leadership
Jim Alderman, CEO

Franchising Overview

Franchising Since
1983 (39 years)
# of employees at HQ
700
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
190 (as of 2021)

Franchisor Information

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

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Radisson 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
$75,000
Initial Investment
$9,975,890 - $52,293,335
Royalty Fee
5%
Ad Royalty Fee
2%
Term of Agreement
20 years
Is franchise term renewable?
Yes
Take Our Free Franchise Quiz!

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
Varies
Classroom Training
44-62+ hours
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

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
Are exclusive territories available?
No
Take our quick quiz to find your ideal franchise

Work with our free FranCoach and get what you need to start a Radisson franchise.

Franchise 500 Ranking History

Compare where Radisson landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Radisson ranked on other franchise lists? Find out below.

Want to stay updated on the latest franchise news?

Never miss a beat when you sign up to receive our newsletter.

We care about the protection of your data. Read our Privacy Policy

Related Franchises

Are you eager to see what else is out there? Browse more franchises that are similar to Radisson.

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

Are You an Ideal Franchisee? Here's How to Find Out.

How does your personality compare? Do you like following rules or making the rules?

Dan Rowe

Buying a Franchise? Make Sure the Marketing Process Is Worth It

Make sure the franchise you buy, and their marketing system, are worthy of your time and investment.

Alicia Miller

Secure a B2B Company of Your Own With a Business Services Franchise

There are many ways to own a business that helps other businesses thrive.

Jeff Cheatham

Is a Home-Based Business Right for You? Ask Yourself These 5 Questions First

The lifestyle that comes with a home-based franchise may seem carefree, but it's not for everyone. Here are five questions to ask yourself to see if this type of business is for you.

Don Daszkowski

5 Trends Shaping the Future of Franchise Local Marketing Right Now

Explore how franchise local marketing is changing to serve local customers better.

Max Pecherskyi

Picking a Winning Emerging Brand Is How You Get Rich in Franchising. Here's How to Spot One.

The key to generating wealth through franchising is to invest in an emerging brand. Here are 5 ways to help ensure you pick a winner.

Dan Rowe

Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021