2/10

Franchimp Summary Rating

2 /10
Higher than 84% of peers

Franchise Summary

Description
The franchise offered is for the right to operate an upper upscale hotel that provides lodging servicesto the public under the name "Radisson Blu. "
Company Background
Radisson Blu is a luxury hotel franchise that provides lodging services to the public. The Radisson Blu brand was conceived in 1968 by Pierre and Jean-Georges Kerkhofs as an upscale European hotel chain with locations primarily in Europe, Asia, Africa and Latin America. In 1989, Radisson Hotels acquired the rights to operate under the Radisson Blu name from the Kerkhof family. The company has more than 1,400 hotels worldwide across 54 countries on six continents with a total of 3,800 rooms available for rent.
Franchise Opportunity
The Radisson Blu franchise offers a unique opportunity to get in on the ground floor of an exciting new hospitality brand. The company is entering into a phase of rapid growth and expansion, which will include opening up to 100 hotels over the next five years. This represents a rare opportunity for someone with entrepreneurial spirit who wants to build their own business from scratch. With Radisson Blu you can create your own niche market by building your hotel in an area that has not yet been served by this type of upscale lodging establishment. You can also benefit from the support provided by our national marketing campaigns and world-class training programs designed specifically for franchisees like yourself. Our goal is to help you succeed!
Corporate Structure
Radisson Hotels International, Inc. is a Delaware corporation incorporated on August 15, 1983. They are a wholly-owned subsidiary of Radisson Hospitality, Inc. (formerly known as Carlson Hotels, Inc.), a Minnesota corporation. Their principal place of business is 701 Carlson parkway, Minneapolis, Minnesota 55305. They began offering franchises for hotels that provide lodging services to the public under the name Radisson Blu in March 2015.

Franchise Types Available

# Type Investment Fees

Radisson Blu Franchise System Development in 2022

FAQ

How much investment do I need to start my own Radisson Blu business?
Franchisees typically require at least $21 to $128 investment to get their Radisson Blu business started
What are the initial franchise fees for Radisson Blu?
Franchisees typically need to pay at least $176 in fees directly to Radisson Blu in order to earn the right to launch their business
How much money can I make with a Radisson Blu franchise? What are the average revenues for a typical Radisson Blu business?
We haven’t done the math on how much revenue a typical Radisson Blu brings in each year. We estimate that other franchisees in the Lodging & Leisure industry generate $882,894 revenue, so we would expect Radisson Blu to generate a similar amount
How long do I need to commit to running a Radisson Blu unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

2 /10
The Franchisor's investment costs ranges from $21,333,095 to $128,853,045 which is Much Higher than the $0 to $0 average in the Hotels & Resorts industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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