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Park Inn by RadissonPark Inn by Radisson is a popular hotel […] |
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Franchise Costs and Requirements
Franchise Details
Year Established:
1986
Category Locations:
N/A
Available Ownership Type:
N/A
Corporate HQ City:
Corporate HQ State:
Investment Range:
$2,662,774
Canada Franchising:
Yes
Latin America Franchising:
Yes
India Franchising:
Yes
Royalty Percentage:
4.5%%
Veteran Discount:
Yes
E2/EB5 Visas:
Yes
Master Franchise Opportunities:
Yes
Background
About Park Inn by Radisson Franchises
Park Inn by Radisson is a popular hotel brand known for its comfortable and affordable accommodations. It's part of the Radisson Hotel Group, a global hospitality company with a rich history dating back to 1938. Today, you can find Park Inn by Radisson hotels in over 120 countries around the world, including locations like Moscow, Russia, and Williamsburg, Virginia.
Why Choose a Park Inn by Radisson Franchise?
If you're considering a hotel franchise opportunity, Park Inn by Radisson offers several advantages:
- A Strong Brand: The Park Inn by Radisson name is recognized worldwide, making it easier to attract guests.
- Commitment to Customer Satisfaction: Radisson prioritizes customer satisfaction, which translates to a positive experience for guests and a strong reputation for your franchise.
- Support and Growth: Radisson provides ongoing support to its franchisees, helping you succeed in the competitive hotel business. The company is committed to creating opportunities for growth, with many franchisees owning multiple hotels within the Radisson group.
What Makes Park Inn by Radisson a Good Choice?
Park Inn by Radisson hotels are known for:
- Modern Design: Stylish, modern design creates a welcoming and inviting atmosphere for guests.
- Affordable Luxury: Park Inn by Radisson offers comfortable accommodations at competitive prices, appealing to a wide range of travelers.
- Guest-Focused Amenities: Guests enjoy a variety of amenities designed to make their stay more comfortable and enjoyable.
Getting Started with a Park Inn by Radisson Franchise
If you're interested in opening a Park Inn by Radisson franchise, here's what you should know:
- Financial Readiness: You'll need to be prepared for an initial investment, including franchise fees and startup costs. There are also ongoing fees, such as advertising and royalty fees.
- Due Diligence: Before making any commitments, it's essential to conduct thorough research. This includes speaking with existing franchisees and asking questions of the Park Inn by Radisson franchising team.
- Local Market Research: Explore the potential of a Park Inn by Radisson franchise in your local area. While some competition is healthy, too much competition could hinder your growth.
If you're looking for a hotel franchise opportunity with a strong brand, a commitment to customer satisfaction, and a supportive network, Park Inn by Radisson is worth exploring.
Support & Training offered by Park Inn by Radisson
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Franchise Requirements
How much does it cost to open a Park Inn by Radisson?
Investment range: $2,662,774 - $15,317,727
Is Park Inn by Radisson a home based franchise?
Available Category Locations: N/A
Additional Information
| Category Location | N/A |
| Number of Units Open | 142 (as of 2021) |
| Investment Range | $2,662,774 - $15,317,727 |
| Master Franchise | N/A |
| Home based franchise | YES |
| Item 19 Franchise | YES |
| Veteran Discount | YES |
| Franchise Opportunities in Canada | YES |
| International Franchise Opportunities | |
| E2/EB5 Visa Franchise | YES |
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