Park Inn FDD Summary


Type of Business
The franchise offered is for the right to operate a hotel that provides lodging services to the public under the names ‘Park Inn” or “Park Inn by Radisson”.


Corporate Information
Park Hospitality LLC is a Delaware limited liability company organized on June 12, 2000. They are located at 701 Carlson Parkway, Minneapolis, Minnesota 55305. They have offered franchises since August 2000. They are a wholly-owned indirect subsidiary of Radisson Hospitality, Inc. (formerly known as Carlson Hotels, Inc.), a Minnesota corporation. Radisson Hospitality is a majority-owned indirect subsidiary of HNA Tourism Group Co., Ltd. HNA Tourism is a majority-owned subsidiary of HNA Group Co., Ltd  which is a majority-owned subsidiary of Hainan Traffic Administration Holdings Co., Ltd.


Investment
The total investment necessary to begin operation of a Park Inn® Hotel, with no more than 200 rooms but with food and beverage, ranges from $1,648,470 to  $4,766,550, but excludes the cost of real estate. This includes $41,650 to $108,570 that must be paid to the franchisor or its affiliates.


View the 2018 Park Inn FDD

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