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Park Inn
- Park Hospitality LLC
Minneapolis, MN 55459
- (800) 336-3301 / (763) 212-6615
- (763) 212-3350 (Fax)
- Mr. John Sturgess, Development Associate
- [email protected]
Park Inn 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
Operating Units
| Franchised Units | 75 | 100.0% |
|---|---|---|
| Company-Owned Units | 0 | 0.0% |
| Total Operating Units | 75 | 100% |
Geographic Distribution
| USA | 12 | 16.0% | In 8 States |
|---|---|---|---|
| Canada | 5 | 6.7% | In 4 Provinces |
| International | 58 | 77.3% | In 23 Foreign Countries |
| Total | 75 | 100% |
Multi-Unit Operators
| Multi-Unit Operators | N/A |
|---|---|
| Franchises Owned by Multi-Unit Operators | N/A |
North American Unit Density
| Density | Units |
|---|---|
| New Mexico | 1 |
| North Carolina | 1 |
| Ohio | 1 |
Registered in the following Registration States
California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, Wisconsin
Back to TopSupport and Training
General Information
| IFA Member | Yes |
|---|---|
| CFA Member | No |
| Franchisee Association? | Yes, is a 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 |
Ongoing Support
| Central Data Processing | N/A |
|---|---|
| Central Purchasing | Yes, at additional cost |
| Field Operation Evaluation | Included |
| Field Training | Included |
| Initial Store Opening | Included |
| Inventory Control | N/A |
| Franchisee Newsletter | Included |
| Regional or National Meetings | Included |
| 800 Telephone Hotline | Included |
Training
| Minneapolis, MN (Brand Orientation) | 1 Week |
| On-Site | 3 Days |
| New Franchisee | 3 Days |
Financial Requirements
Investment
| Minimum Net Worth | N/A |
|---|---|
| Cash Investment | $35K |
| Total Investment | $1.58 - 4.35MM |
| Average Total Investment | $3.5MM |
Fees
| Initial Franchise Fee | $35K |
|---|---|
| Average Franchise Fee | $35K |
| On-Going Royalty | 4.50% |
| Average Royalty | 4% |
| Advertising Fee | 2% |
Site Information and Requirements
| Average Number of Full-Time Employees | varies |
|---|---|
| Average Number of Part-Time Employees | varies |
| Space Needs (in square feet) | varies |
| Preferred Site Types | Free Standing Building |
| Encourages Conversions | Yes |
| Item 19 (Earnings Claim) Provided? | Yes |
| Listed in the SBA Registry? | No |
Franchisee Qualifications
| Financial Net Worth | 5 |
|---|---|
| General Business Experience | 5 |
| Specific Industry Experience | 5 |
| Formal Education | 3 |
| Psychological Profile | 3 |
| Personal Interviews | 4 |
Terms of Contract
| Term of Initial Contract | 15 |
|---|---|
| Term of Renewal Period | N/A |
| Passive Ownership? | Allowed, but discouraged |
| Area Development Agreements? |
No |
| Sub-Franchisor Contracts? |
No |
| Franchisees Allowed to Expand Within Territory? | No |
Expansion Plans
| Projected New Units Over Next 12 Months | 8 |
|---|---|
| USA | Yes, All United States |
| Canada | Yes, All Canada |
| Overseas | Yes, Europe, Asia, South and Central America |
