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Park Inn
 

Park InnĀ® is a unique hotel brand offering a relaxed environment in the mid scale category and is poised for aggressive global growth. Park Inn provides a hotel experience that serves a wide range of guests in both suburban and leisure destinations. There are currently 100 Park Inn locations with over 17,700 rooms in 25 countries, and 12 in North America.

Franchisor Background

Year Established:

  2000

Franchising Since:

  2000

IFA Member



Operating Units:

Franchised Units:75 100%  
Company-Owned Units:0 0%  
 ______ _____  
Total Operating Units:75 100%  
 

Geographic Distribution:

U.S.:12 16% In 8 States
Canada:5 6.7% In 4 Canadian Provinces
International:58 77.3% In 23 Foreign Countries
 ______ _____  
Total:75 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. North Carolina1
2. New Mexico1
3. Ohio1

Registered in Following Registration States:

   California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, Wisconsin

Financial Requirements

Investment:

Minimum Net Worth:$N/A
Cash Investment:$35K
Total Investment:$1.58 - 4.35MM
Average Total Investment:$3500K
 

Fees:

Initial Franchise Fee:$35K
Average Franchise Fee:$35K
On-Going Royalty:4.5%
Average Royalty:4%
Advertising Fee:2%

Average Number of Employees:

   varies Full-time, varies Part-time

Space Needs (in square footage):

   varies

Preferred Sites:

   Free-standing Building

Other Sites:

  

Encourage Conversions?

   Yes

Earnings Claims Provided?

   Yes

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:Yes, Member
Size of Corporate Staff:300
Site Selection Assistance?No
Lease Negotiation Assistance?No
Financial Assistance?No
 

Marketing Support:

Co-Op Advertising:Yes
National Advertising:Yes
Regional Advertising:Yes
Local Advertising:Yes
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Not Applicable
Central Purchasing:At Additional Cost
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Not Applicable
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 

Training:

1. Minneapolis, MN (Brand Orientation)1 Week
2. On-Site3 Days
3. New Franchisee3 Days
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:5
General Business Experience:5
Specific Industry Experience:5
Formal Education:3
Psychological Profile:3
Personal Interview(s):4

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:N/A
Hispanic:N/A
Native American:N/A
Other:N/A
Specific Minority:N/A

Terms of Contract

Term of Initial Contract:15 Year(s)
Term of Renewal Period:N/A Year(s)
Passive Ownership:Allowed
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?No

Expansion Plans

Projected New Units Over Next 12 months:

   8
U.S.:Yes, All United States
Canada:Yes, All Canada
Overseas:Yes, Europe, Asia, South and Central America
 
 
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