GuestHouse Hotel FDD Summary
Type of Business
The franchise offered in this disclosure document is for the rights to own and/or operate a GuestHouse hotel business.
Corporate Information
Red Lion Hotels Franchising, Inc. is a corporation formed in the state of Washington on December 24, 1986 as Vance Hotels, Inc. On September 19, 2005, they changed their name to Red Lion Hotels Franchising, Inc. Their principal business address is 201 West North River Drive, Spokane, Washington 99201. They have offered franchises under the GuestHouse Marks since May 2015.
Investment
The total investment to convert an existing hotel into a 70-room GuestHouse Hotel is $118,200 to $941,600. This estimate includes the $20,000 to $26,000 that must be paid to the franchisor.
The total investment for a new construction 70-room GuestHouse Hotel is $3,406,000 to $6,890,500, excluding site acquisition and preparation. This estimate includes the $20,000 to $25,000 that must be paid to the franchisor.