Category
  • Automotive
  • Beauty & Health
  • Business Services
  • Dealers & Distributors
  • Education
  • Fashion
  • Food And Beverage
  • Home Based Business
  • Hotel, Travel & Tourism
  • Industrial Machinery & Manufacturing
  • Retail
  • Sports & Fitness & Entertainment
Price Range
  • Rs. 10 K - 50 K
  • Rs. 50 K - 2lac
  • Rs. 2lac - 5lac
  • Rs. 5lac - 10lac
  • Rs. 10lac - 20lac
  • Rs. 20lac - 30lac
  • Rs. 30lac - 50lac
  • Rs. 50lac - 1 Cr.
  • Rs. 1 Cr. - 2 Cr
  • Rs. 2 Cr. - 5 Cr
  • Rs. 5 Cr. Above
Location
  • Andhra Pardesh
  • Arunachal Pradesh
  • Assam
  • Bihar
  • Chandigarh
  • Chhattisgarh
  • Daman & Diu
  • Goa
  • Gujarat
  • Haryana
  • Himachal Pradesh
  • Jammu & Kashmir
  • Jharkhand
  • Karnataka
  • Kerala
  • Lakshadweep
  • Madhya Pradesh
  • Maharashtra
  • Manipur
  • Meghalaya
  • Mizoram
  • Nagaland
  • New Delhi
  • Orissa
  • Pondicherry
  • Punjab
  • Rajasthan
  • Sikkim
  • Tamil Nadu
  • Tripura
  • Uttaranchal
  • Uttar Pradesh
  • West Bengal
  • Telangana
Econostay by Crimson Hotels

Econostay by Crimson Hotels

Category: Hotel chain
No. of Franchise Outlets: 2
Area Req: As Per Location
Investment: Rs. 5 Cr. and above
Business Details

Econostay by Crimson Hotels is a proven business model for you to become your own boss in hotel industry!

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 

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Econostay by Crimson Hotels Investment Details

Commenced Dates
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 Property Details

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 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 Agreement & Term Details

Do you have a standard franchise agreement?
Yes
How long is the franchise term for?
3 years
Is the term renewable?
Yes
Mar, 21 2017

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Econostay-Hotels
  • Investor
  • Franchisor
  • rememberMe
  • Investor
  • Franchisor
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