Radisson Individuals FDD – Franchise Information, Costs and Fees
Type of Business
The franchise offered is for the right to operate a hotel that provides lodging services to the public under the name “Radisson Individuals®”
Corporate Information
Choice Hotels International, Inc. Choice Hotels International, Inc. is a Delaware corporation formed under the name Quality Courts Motels, Inc. They changed their corporate name to Choice Hotels International, Inc. on July 25, 1990. From November 1, 1996 to October 15, 1997, their corporate name was Choice Hotels Franchising, Inc. Their corporate name has been Choice Hotels International, Inc. since October 15, 1997. Their principal business address is 915 Meeting Street, Suite 600, North Bethesda, Maryland 20852.
Investment
The total investment necessary to begin the operation of a Radisson Individuals® Hotel with no more than 150 rooms is $2,953,250 to $58,847,500. This includes approximately $106,500 to $132,500 that must be paid to the franchisor or its affiliates. These sums do not include the cost of any real estate or real estate taxes.
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