Hotel RL FDD Summary
Type of Business
The franchise offered in this disclosure document is for the rights to own and/or operate a Hotel RL 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.
Investment
The total investment necessary to begin operation of a 200 room Hotel RL franchise with a minimal food and beverage offering is estimated to range between $30,962,250 to $39,240,000 for new development and $1,306,000 to $4,662,000 for conversion hotels. These amounts include $60,000 to $70,000 that must be paid to the franchisor. These amounts do not include the cost of purchasing or leasing land or any real estate taxes.