FranchiseVerdict
Radisson logo
FV-02090·AVOIDStandard71

Radisson

Lodging - Hotels & MotelsFranchising since 2023Website
Investment
$10.0M
64th pct Hotels & Mote…
Avg revenue
7th pct Hotels & Mote…
Royalty
6.0%
74th pct Hotels & Mote…
Units
58
53rd pct Hotels & Mote…
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $10.0M including a $75K franchise fee, 6.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated AVOID with a risk score of 82/100. SBA loan default rate of 0.0% across 7 loans (below the industry average).
  • 92 litigation matters disclosed in Item 3 — higher than typical. Review the summary for patterns (franchisor-initiated vs. franchisee-initiated).

Item 1 · who you're contracting with

The Franchisor

Legal entity
Choice Hotels International, Inc.
Parent company
Choice Hotels International, Inc.
Incorporated in
Delaware
HQ
915 Meeting Street, Suite 600, North Bethesda, Maryland 20852
Auditor
Ernst & Young LLP
Audited financials
Franchisor revenue
$1.4B
vs $1.5B prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Radisson unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: hospitality
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
Working capital
$
FDD reports $1.0M–$1.8M

Unlevered ROIC · per unit

1%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$83K
EBITDA margin
11.0%
Total invested
$11.4M
Payback
1662 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

Radisson franchisees operate upscale hotel properties, managing daily operations including housekeeping, front desk, food & beverage, maintenance, and guest services. Revenue derives from room bookings and ancillary hotel services, with corporate franchisor retaining 6% of gross room revenues regardless of profitability, plus marketing and other assessed fees.

CEO
Patrick S. Pacious
Founded
1963
FDD year
2024
States available
25

Item 7 · what it costs

The Vitals

Total investment
$10.0M
All-in to open one unit
Liquid capital
$1.0M – $1.8M
Cash you must have on hand
Franchise fee
$75K
Royalty
6.0%
Gross Sales · typical 6–8%
Ad fund
3.0%
typical 3–5%
Total fee load
20.0%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
58
Opened
1
Last reporting year
Closed
6
Turnover rate
10.3%
Company-owned
6
Corporate units in the system
% franchised
90%
vs corporate-owned
Net growth (yr3)
-8.8%
Net unit change last year
3-yr CAGR
-25.7%
Compounded over last 3 years
2022
52-5
Franchised units
2023
57
Franchised units
2024
70
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 14 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 14 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
7
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

82
Risk · 0-100
AVOID82 / 100

Radisson presents extreme risk: collapsing franchisee base (-8.8% YoY), 85 active collection suits, undisclosed marketing fee litigation, and franchisor going concern issues create a deteriorating system with minimal unit economics transparency.

Score breakdown · what drove the 82 / 100 rating

  1. 01MINORSevere unit contraction of -8.8% YoY indicates systemic franchisee distress and deteriorating brand health
  2. 02MINOR85 active collection lawsuits by franchisor suggest widespread franchisee inability to pay royalties, signaling profitability crisis
  3. 03HIGHMultiple litigations including class action on hidden marketing fees and antitrust/civil rights claims indicate predatory franchisor practices and broken franchisee relationships
  4. 04MINORNo Item 19 financial disclosure prevents validation of average unit economics and profitability claims
  5. 05MINORUnprotected territory creates internal competition and cannibalization risk across 58-unit system
  6. 06HIGHGoing Concern status = False indicates financial distress at corporate franchisor level
  7. 07MINORHigh initial investment ($10.0M+) paired with 6% royalty rate and declining unit base creates poor recovery probability

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Site-only
Protected territory
No
Initial term
20 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
92
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Owner-operator
Optional
Governing law
Maryland

Item 11

Training & Operations

Classroom training
61 hrs
On-the-job training
16 hrs
POS system
ORACLE Opera Cloud PMS
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

18 numbers

Locked
(503) 378-••••
OR
(212) 416-••••
NY
(651) 539-••••
MN

One-time purchase · CSV download · Validation questions included

FDD download

Radisson · FDD (2024) PDF

Single-page checkout · instant download · CSV export of contacts available separately above