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FranchiseVerdict

The Red Collection vs Econo Lodge

Franchise Comparison 2026

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

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