
Radisson
Hotels- Units as of 2020
-
174 (13 added in 3 years)8.1%
- 2021 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$10M - $52.3M
Company Overview
About Radisson
- Industry
- Lodging
- Related Categories
- Hotels & Motels
- Founded
- 1962
- Parent Company
- Radisson Hotel Group
- Leadership
- Jim Alderman, CEO
Franchising Overview
- Franchising Since
- 1983 (38 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
- 174 (as of 2020)
Franchisor Information
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
- $9,998,790 - $52,337,635
- Royalty Fee
- 5%
- Ad Royalty Fee
- 2%
- Term of Agreement
- 20 years
- Is franchise term renewable?
- Yes
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-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- Are exclusive territories available?
- No
Franchise 500 Ranking History
Compare where Radisson landed on this year’s Franchise 500 Ranking versus previous years.
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