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| Brand | Park Inn by Radisson Lodging Remove | Econo Lodge Lodging Remove |
|---|---|---|
| Vitals | ||
Investment range | $256K – $1.3M | $175K – $955K |
Liquid capital | $15K – $40K | $25K – $60K |
Franchise fee | $45K | $30K |
Royalty rate | 5.5% | 5.0% |
Ad fund rate | 3.3% | 3.5% |
| Performance | ||
Avg gross sales | N/A | N/A |
Median gross sales | N/A | N/A |
Avg owner earnings Metric varies by brand. Check type below | N/A | N/A |
Earnings metric | Not classified | Not classified |
| Risk | ||
Rating | ATop Quintile | ATop Quintile |
Risk score | 52 / 100 | 38 / 100 |
SBA charge-off rate | N/A | 1.1% |
SBA loans on record | 7 | 121 |
| Scale | ||
Total units | 4 | 677 |
Net change (latest yr) | N/A | N/A |
Turnover rate | 0.0% | 8.0% |
| Contract | ||
Initial term (years) | 20 | 20 |
Renewal term (years) | N/A | N/A |
Initial training (hrs) | 47 | 79 |
| Contacts | ||
Franchisee phones | 18 | 100 |
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