Radisson

    Franchise research report · reviewed 2026 disclosure data

    Reviewed sources

    Choice Hotels franchises operate lodging businesses providing overnight accommodations and guest services through affiliated hotel brands.

    Headline figures

    Radisson quick facts

    Is Radisson a franchise?
    Yes. Radisson offers franchises through a Franchise Disclosure Document. At the end of 2025, it reported 40 franchised and 6 company-owned outlets (2026 FDD, Item 20, PDF p. 81).
    How much does it cost to open a Radisson franchise?
    The Radisson Franchise Disclosure Document reports separate estimated initial investments by format: $9,490,495–$55,271,100 for total initial investment — low (2026 FDD, Item 7, PDF p. 49); $55,271,100 for total initial investment — high (2026 FDD, Item 7, PDF p. 49); $9,901,500–$57,222,500 for total initial investment low for hotel, excluding real estate (2025 FDD, Item 7, PDF p. 48); $57,222,500 for total initial investment high for hotel, excluding real estate (2025 FDD, Item 7, PDF p. 48). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
    What ongoing fees does Radisson charge?
    The disclosed ongoing royalty is 6% (2025 FDD, Item 6, PDF p. 32). The brand or advertising fund contribution is 10% (2025 FDD, Item 6, PDF p. 34). Other recurring fees are listed in Item 6. Details
    Does Radisson disclose financial performance (Item 19)?
    Yes. The Radisson FDD includes an Item 19 financial performance representation (2025 FDD, Item 19, PDF p. 78). Figures apply only to the locations and period each one covers. Details
    How many Radisson locations are there?
    The FDD reports 46 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 81). Existing locations do not indicate territory availability. Details
    Is Radisson a good franchise to buy?
    Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1The 2026 FDD (Item 7) estimates opening costs separately by format: $9,490,495 – $55,271,100 (Total Initial Investment — low); $55,271,100 (Total Initial Investment — high); several initial fee options apply.
    2. 2Item 19 covers 3 separate groups: other measures for 16 locations; other measures for 39 locations; other measures for 16 locations. They are not combined.
    3. 3Outlets declined by 6 in 2025, to 46 (System-wide, as labeled in the FDD, Item 20).

    From reviewed FDD figures only. Not a recommendation or projection.

    Radisson head-to-head

    Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.

    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Range across 2 single-unit formats

    2026 FDD · Item 7

    Formats disclosed in Item 7 (2)

    Each format has its own total. The total depends on the format you choose.

    • lowPDF p. 49$9,490,495 – $55,271,100
    • highPDF p. 49$55,271,100

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    Royalty fee: 6% of preceding month’s Gross Room RevenuesMain ongoing fee

    70 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    3 separate populations, shown apart. Revenue is not owner income.

    16 locations

    Other measures · 16 locations

    Who is counted
    Franchised RADISSON hotels in the Performance Sample with an LTR score above the brand average; year ended December 31, 2025.
    Period
    Choice Privileges Contribution
    Excluded
    LTR-above-brand-average subgroup; inherits Performance Sample exclusions defined on PDF p.78.

    These groups are never combined.

    Outlet Changes — Item 20

    How has the outlet count changed?

    System-wide, as labeled in the FDD · counts as of December 31, 2025 of each year.

    2026 FDD · Item 20 · PDF p. 81

    Net −17 outlets, 2022–2025

    063202211620231042024462025+53−12−58

    Year-end counts reported in Item 20. The scale starts at zero; the labels between the dots show each year's change. Openings and closures for 2025 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2026 Item 7 estimate ($9,490,495 – $55,271,100) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Which locations are included in the Item 19 figures, and which were excluded?

    • Reported units decreased from 52 to 46 in 2025. What drove the change?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • How do your results compare with the Item 19 figures, and what explains the difference?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2026 FDD)

    1. [1]Item 19 — Locations counted not stated in the reviewed record — Franchised RADISSON hotels in the Performance Sample with an LTR score above th… · PDF p. 79
    2. [2]Item 19 — Locations counted not stated in the reviewed record — Franchised RADISSON hotels in the U.S. Performance Sample; year ended December… · PDF p. 78
    3. [3]Item 19 — Locations counted not stated in the reviewed record — Franchised RADISSON hotels in the Performance Sample with a Likelihood to Recom… · PDF p. 79
    4. [4]Outlet counts — Item 20, Table 1 · PDF p. 81

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.

    Territory & operations

    These are contract disclosures, not confirmation that any territory is currently available.

    Franchisor financial statements

    Fiscal yearMeasureReported value
    2025choice hotels net cash provided by operating activities$270,447
    2025choice hotels cash and cash equivalents$44,997
    2025choice hotels consolidated net income$369,946
    2025choice hotels consolidated total revenues$1,596,793
    2025choice hotels consolidated operating income$448,399
    2025choice hotels consolidated total assets$2,918,203
    2025choice hotels consolidated total liabilities$2,736,974
    2025choice hotels consolidated shareholders’ equity$181,229
    20242024 total current assetsMore than one value recorded for this year — open the FDD source before comparing$339,086
    20242024 royalty, licensing and management feesMore than one value recorded for this year — open the FDD source before comparing$514,569
    20242024 lossMore than one value recorded for this year — open the FDD source before comparing$331
    20242024 other lossMore than one value recorded for this year — open the FDD source before comparing$1,641

    These figures describe the franchisor company, not individual franchise locations.

    What changed from 2025 to 2026

    • Estimated initial investment: $9,901,500 – $57,222,500 → $9,490,495 – $55,271,100
    • Franchise fee: $500 → $1,600
    • System size: 104 → 46 units

    SBA-backed loans to franchisees

    Loading…

    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Reader notes on wording

    Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.

    • Item 6 · PDF p. 37 · 2026 FDD

      Our summary: Platform Marketing Distribution commission maximum

      “Up to 15% commission for consumed reservations generated through Choice’s third-party marketing platform”

      Note: Returned source did not conclusively match the claim quote, value, and cited page.

    • Item 6 · PDF p. 44 · 2026 FDD

      Our summary: Human trafficking prevention training quarterly penalty

      “Human trafficking prevention training non-compliance fee $500 quarterly non-compliance penalty”

      Note: Returned source did not conclusively match the claim quote, value, and cited page.

    • Item 6 · PDF p. 44 · 2026 FDD

      Our summary: Non-Compliance Penalty range low end per instance

      “Non-Compliance Penalty $100-$10,000 per instance of non-compliance.”

      Note: Returned source did not conclusively match the claim quote, value, and cited page.

    • Item 7 · PDF p. 48 · 2026 FDD

      Our summary: ORACLE Opera Cloud PMS Initial Investment — low

      “ORACLE Opera Cloud PMS Initial Investment (Note 9) $14,000 $40,000”

      Note: Returned source did not conclusively match the claim quote, value, and cited page.

    • Item 7 · PDF p. 48 · 2026 FDD

      Our summary: Food and Beverage Opening Support Fee and Restaurant Concept Creation — low

      “Food and Beverage Opening Support Fee and Restaurant Concept Creation (Note 11) $9,500 $22,500”

      Note: Returned source did not conclusively match the claim quote, value, and cited page.

    • Item 7 · PDF p. 48 · 2026 FDD

      Our summary: Miscellaneous Pre-Opening Costs — low

      “Miscellaneous Pre-Opening Costs (Note 7) $1,200,000 $1,500,000”

      Note: Returned source did not conclusively match the claim quote, value, and cited page.

    • Item 7 · PDF p. 48 · 2026 FDD

      Our summary: Immersion, Sales and Hospitality Leadership Certification Fees — low

      “Immersion, Sales and Hospitality Leadership Certification Fees (Note 10) $7,895 $8,000”

      Note: Returned source did not conclusively match the claim quote, value, and cited page.

    • Item 7 · PDF p. 49 · 2026 FDD

      Our summary: Additional Funds 3 Months — low

      “Additional Funds 3 Months (Note 15) $1,000,000 $1,800,000”

      Note: Returned source did not conclusively match the claim quote, value, and cited page.

    • Item 12 · PDF p. 70 · 2025 FDD

      Our summary: Exclusive territory: Conditional — no exclusive territory unless Choice grants one; any granted territory may be terminated for default.

      “You will not receive an exclusive territory, unless we grant to you an exclusive territory as further discussed below. We may, depending on local market conditions or other factors such as your prior history with us (if any) and number of hotels franchised by us, grant exclusive territories in which no other hotel of the same brand will be franchised or operated for a period of time that we determine.”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 20 · PDF p. 81 · 2026 FDD

      Our summary: Franchised 2024: 52 → 46

      “Franchised Outlets 2024 52 46”

      Note: Returned source did not conclusively match the claim quote, value, and cited page.

    • Item 20 · PDF p. 81 · 2026 FDD

      Our summary: Franchised 2025: 46 → 40

      “Franchised Outlets 2025 46 40”

      Note: Returned source did not conclusively match the claim quote, value, and cited page.

    • Item 20 · PDF p. 81 · 2026 FDD

      Our summary: Company-Owned 2024: 6 → 6

      “Company Owned/Managed 2024 6 6”

      Note: Returned source did not conclusively match the claim quote, value, and cited page.

    • Item 20 · PDF p. 81 · 2026 FDD

      Our summary: Company-Owned 2025: 6 → 6

      “Company Owned/Managed 2025 6 6”

      Note: Returned source did not conclusively match the claim quote, value, and cited page.

    • Item 21 · PDF p. 113 · 2025 FDD

      Our summary: 2023 Owned hotels operating expenses

      “Owned hotels operating expenses $ 71,474”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 113 · 2025 FDD

      Our summary: 2022 Owned hotels operating expenses

      “Owned hotels operating expenses $ 48,837”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 113 · 2025 FDD

      Our summary: 2023 Total other expenses and income, net

      “Total other expenses and income, net $ 38,072”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 115 · 2025 FDD

      Our summary: 2023 Total current assets

      “Total current assets $ 296,530”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 115 · 2025 FDD

      Our summary: 2024 Total current assets

      “Total current assets $ 339,086”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 113 · 2025 FDD

      Our summary: 2022 Other expenses from franchised and managed properties

      “Other expenses from franchised and managed properties $ 653,060”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 113 · 2025 FDD

      Our summary: 2024 Loss (gain) on extinguishment of debt

      “Loss (gain) on extinguishment of debt $ 331”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 113 · 2025 FDD

      Our summary: 2024 Other loss (gain)

      “Other loss (gain) $ 1,641”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 113 · 2025 FDD

      Our summary: 2024 Equity in net gain of affiliates

      “Equity in net gain of affiliates $ (12,329)”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 113 · 2025 FDD

      Our summary: 2022 Equity in net gain of affiliates

      “Equity in net gain of affiliates $ (1,732)”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 113 · 2025 FDD

      Our summary: 2023 Other loss (gain)

      “Other loss (gain) $ (10,649)”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 113 · 2025 FDD

      Our summary: 2023 Income tax expense

      “Income tax expense $ 78,449”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 113 · 2025 FDD

      Our summary: 2023 Net income

      “Net income $ 258,507”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 113 · 2025 FDD

      Our summary: 2023 Diluted earnings per share

      “Diluted earnings per share $ 5.07”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 113 · 2025 FDD

      Our summary: 2022 Diluted earnings per share

      “Diluted earnings per share $ 5.99”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 115 · 2025 FDD

      Our summary: 2023 Prepaid expenses and other current assets

      “Prepaid expenses and other current assets $ 38,831”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 115 · 2025 FDD

      Our summary: 2024 Prepaid expenses and other current assets

      “Prepaid expenses and other current assets $ 41,317”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 118 · 2025 FDD

      Our summary: 2023 Common stock shares outstanding end

      “49,626,245”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 115 · 2025 FDD

      Our summary: 2024 Deferred income taxes

      “Deferred income taxes $ 108,308”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 115 · 2025 FDD

      Our summary: 2023 Notes receivable, noncurrent, net

      “Notes receivable, noncurrent, net $ 78,900”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 115 · 2025 FDD

      Our summary: 2023 Goodwill

      “Goodwill $ 220,187”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 115 · 2025 FDD

      Our summary: 2024 Intangible assets, net

      “Intangible assets, net $ 884,013”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 115 · 2025 FDD

      Our summary: 2023 Investments in affiliates

      “Investments in affiliates $ 70,579”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 115 · 2025 FDD

      Our summary: 2023 Investments for employee benefit plans, at fair value

      “Investments for employee benefit plans, at fair value $ 39,751”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 115 · 2025 FDD

      Our summary: 2024 Investments in affiliates

      “Investments in affiliates $ 117,016”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 115 · 2025 FDD

      Our summary: 2024 Other assets

      “Other assets $ 93,836”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 115 · 2025 FDD

      Our summary: 2023 Deferred revenue

      “Deferred revenue $ 108,316”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 115 · 2025 FDD

      Our summary: 2024 Deferred revenue

      “Deferred revenue $ 102,114”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 115 · 2025 FDD

      Our summary: 2023 Total current liabilities

      “Total current liabilities $ 942,690”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 115 · 2025 FDD

      Our summary: 2023 Other liabilities

      “Other liabilities $ 7,252”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 115 · 2025 FDD

      Our summary: 2023 Liability for guest loyalty program, noncurrent

      “Liability for guest loyalty program, noncurrent $ 43,266”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 115 · 2025 FDD

      Our summary: 2023 Operating lease liabilities

      “Operating lease liabilities $ 109,483”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 115 · 2025 FDD

      Our summary: 2024 Operating lease liabilities

      “Operating lease liabilities $ 113,255”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 115 · 2025 FDD

      Our summary: 2023 Common stock par value

      “Common stock par value $ 951”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 115 · 2025 FDD

      Our summary: 2023 Additional paid-in-capital

      “Additional paid-in-capital $ 330,750”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 115 · 2025 FDD

      Our summary: 2024 Accumulated other comprehensive loss

      “Accumulated other comprehensive loss $ (6,193)”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 115 · 2025 FDD

      Our summary: 2024 Total shareholders’ (deficit) equity

      “Total shareholders’ (deficit) equity $ (45,271)”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.

    Compare Radisson with…

    VS