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Hotline: +91-991 5466 777
Hotline: +91-991 5466 777

Econostay by Crimson Hotels - Franchise

Econostay by Crimson Hotels - Franchise
Category : Hotel Travel & Tourism Investment: Rs. 5 Cr - Above 50000000

Crimson Hotels Private Limited is a Hotel Management Company started by experienced hoteliers having significant experience in the finest hotel chains. We own five Hotel Brands in Luxury, Upscale, Midscale, Lower Midscale and Budget Segments. These brands are available on Management Agreement and Franchise Model. As a Hotel Operator / Franchiser Crimson Hotels takes care of the interest of the ownership in mind while providing the top class hospitality to the guests with a commitment to pace setting innovation, modern design and memorable service experience.

  • Combine these attributes with dedicated team support, and dynamic sales and distribution systems we promise to bring unparalleled success for the hotel owners.
  • Econostay is select service hotel brand by Crimson Hotels for business as well as leisure travellers located in the city center, business districts and near tourist attractions.
  • This brand is for price conscious travellers who want to experience a comfortable stay at a reasonable price. The hotels offer complimentary breakfast and free wifi.

Brand Franchise includes:

  • Brand Name
  • Brand and Operating Standards
  • Sales and Online Sales Support
  • Revenue Management
  • Training & Development
  • Loyalty Program Participation
  • Trade Show Participation
  • Joint Advertising

Start a business that offers good returns with a profit filled future! Econostay by Crimson Hotels 

Econostay by Crimson Hotels - Franchise Investment Details

Date Commenced Operations 2012
Date Commenced Franchising / Distribution 2015

Franchise Details

Units

Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise Rs. 5 Cr. above   5%

Expansion Locations

North

 New Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal

South  Kerala, Karnataka, Tamil Nadu
East  Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Orissa
West  Gujarat, Rajasthan, Maharashtra, Goa
Center  Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Union Territories  Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

Franchise Details (Optional)

Want to expand Nationwide
Exclusive territorial rights to a unit  No
Performance guarantee to unit franchisee  No
Anticipated percentage return on investment  
Likely pay back period of capital for a unit franchise  6-8 Yerrs
Other investment requirements  

Econostay by Crimson Hotels - Franchise Training Details

Detailed operating manuals for franchisees  Yes

Where is franchisee training provided?

 On Site

Is field assistance available for franchisee?

 Yes
Will someone from Head Office provides assistance to franchisee in opening the franchise? Yes
What IT systems do you presently have that will be included in the franchise?  Yes

Econostay by Crimson Hotels - Franchise Property Details

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Type of property required for this franchise opportunity  Commercial
Floor area requirement  As Per Location .
Preferred location of unit franchised outlet  Any

Econostay by Crimson Hotels - Franchise Other Details

Do you have a standard franchise agreement?

 Yes

How long is the franchise term for?

 3 years
Is the term renewable?  Yes
Econostay by Crimson Hotels - Franchise

Econostay by Crimson Hotels - Franchise

Category : Hotel Travel & Tourism
Area Req :
Franchise Outlets :
Investment: Rs. 5 Cr - Above 50000000

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