Hotel RL FDD – Franchise Information, Costs and Fees
Type of Business
The franchise offered in this disclosure document is for the rights to operate a Hotel RL branded hotel.
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 1550 Market Street, Suite 350, Denver, Colorado 80202. Their parent corporation was incorporated in the State of Washington on April 25, 1978 and changed its name from WestCoast Hospitality Corporation to Red Lion Hotels Corporation on September 19, 2005.
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 $39,226,500 for new development and $1,306,000 to $4,648,500 for conversion hotels. These amounts include $96,000 to $128,500 that must be paid to the franchisor. These amounts do not include the cost of purchasing or leasing land or any real estate taxes.
