Hotel RL (Red Lion Hotels)
Lodging & Leisure LodgingCompany Information
Address
1550 Market Street, Suite 350 Denver, Colorado 80202
Website
Tel
Not Available
Email
Franchimp Summary Rating
Higher than 53% of peers
Franchise Summary
Description
The franchise offered in this disclosure document is for the rights to operate a Hotel RL-branded hotel.
Company Background
Hotel RL is a luxury boutique hotel franchise available to purchase. Hotel RL has been recognized as the "Best New Hotels in America" by U.S. News & World Report and was named one of Fast Company's "100 Most Innovative Companies in the World," having made it onto the list three years in a row. The company offers an unparalleled stay experience with exclusive amenities, personal touches, and discreet service that delivers comfort beyond expectations while creating value for guests' time and money at every touchpoint of their journey.
Franchise Opportunity
The hotel industry is incredibly competitive, with new properties opening all the time. How can your hotel stand out and attract guests? Hotel guests are more discerning than ever before. They want a unique experience that reflects their individual style and personality. Hotel RL is the solution. Our hotels offer a stylish, comfortable, and affordable experience that is perfect for business or leisure travelers. With locations in key destinations around the world, we make it easy for guests to find us no matter where they are traveling.
Corporate Structure
Red Lion Hotels Franchising, Inc. is a corporation formed in the state of Washington on December 24, 1986 as Vance Hotels, Inc. On September 19, 2005, they changed their name to Red Lion Hotels Franchising, Inc. Their principal business address is 1550 Market Street, Suite 350, Denver, Colorado 80202. Their parent corporation was incorporated in the State of Washington on April 25, 1978 and changed its name from WestCoast Hospitality Corporation to Red Lion Hotels Corporation on September 19, 2005.
Franchise Types Available
| # | Type | Investment | Fees |
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Hotel RL (Red Lion Hotels) Franchise System Development in 2021
FAQ
How much investment do I need to start my own Hotel RL (Red Lion Hotels) business?
Franchisees typically require at least $1 to $36 investment to get their Hotel RL (Red Lion Hotels) business started
What are the initial franchise fees for Hotel RL (Red Lion Hotels)?
Franchisees typically need to pay at least $86 in fees directly to Hotel RL (Red Lion Hotels) in order to earn the right to launch their business
How much money can I make with a Hotel RL (Red Lion Hotels) franchise? What are
the average revenues for a typical Hotel RL (Red Lion Hotels) business?
We haven’t done the math on how much revenue a typical
Hotel RL (Red Lion Hotels) brings in each year. We estimate that other
franchisees in the Lodging & Leisure industry generate
$882,894 revenue, so we would expect
Hotel RL (Red Lion Hotels) to generate a similar amount
How long do I need to commit to running a Hotel RL (Red Lion Hotels) unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$1,351,345 to $36,586,945
which is
Much Higher
than the $0 to $0 average in the Lodging 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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