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Home >> Lodging >> Lodging
 Yes, we actively support the inclusion and development of minority-owned franchises in the Park Inn system. Park Inn 701 Carlson Pkwy., P.O. Box 59159 Minneapolis, MN 55305 |
Submit an online form to receive information from Park Inn.
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Business Description
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
North America:
States/Provinces with the largest number of operating units:
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
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
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% | | ||||||||||||||||||||||||||||||||||||||||
| Company-Owned Units: | 0 | 0% | |||||||||||||||||||||||||||||||||||||||||
Total Operating Units: | 75 | 100.0% | |||||||||||||||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. North Carolina | 1 |
| 2. New Mexico | 1 |
| 3. Ohio | 1 |
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% |
Space Needs (in square footage): varies
Preferred Sites: Free-standing Building
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: Yes
| 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 | ||||||||
| 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 | ||||||||
| 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-Site | 3 Days | ||||||||
| 3. New Franchisee | 3 Days | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Park Inn. |
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