Radisson RED FDD Summary
Type of Business
The franchise offered is for the right to operate a hotel that provides lodging services to the public in the upscale select service segment under the name”Radisson RED.”
Corporate Information
Radisson Hotels International, Inc. is a Delaware corporation incorporated on August 15, 1983. They are a wholly-owned subsidiary of Carlson Hotels, Inc., a Minnesota corporation. Their principal place of business is 701 Carlson parkway, Minneapolis, Minnesota 55305. They began offering franchises for hotels under the name Radisson RED in February 2014.
Investment
The total investment necessary to begin operation of a 126-room Radisson RED hotel is $17,454,500 to $27,264,500. This includes $81,170 to $85,670 that must be paid to the franchisor or its affiliates.