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FranchiseVerdict

Econo Lodge vs The Red Collection

Franchise Comparison 2026

Both Econo Lodge and The Red Collection are lodging franchises. Econo Lodge requires an investment of $175K – $955K while The Red Collection requires $221K – $1.6M. Econo Lodge has SBA lending data on file with a 1.1% charge-off rate. FranchiseVerdict rates Econo Lodge A (Top Quintile) and The Red Collection F (Bottom Quintile).

Investment Range
$175K – $955K
$221K – $1.6M
Franchise Fee
$30K
$35K
Royalty Rate
5.0%
4.5%
Average Revenue (Item 19)
N/A
N/A
SBA Charge-Off Rate
1.1% (121 loans)
N/A
Total Units
677
5
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1990
2017
FDD Year
2024
2025