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Hotline: 1800 102 2007
Hotline : 1800 102 2007
Hotel Chain

Econostay by Crimson Hotels

Area Requirement As Per Location
Investment Size INR 5 Cr - 10 Cr
Franchise Outlets 2
Business Detail

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

Investment Detail
Commenced Operations
Operations Commenced On 2012
Franchising / Distribution Commenced On 2015
Franchise Details
UNITS
Location Store wise
Investment INR 5 Cr. above
Royalty/Commission 5% %
Expansion Locations
North
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, Odisha
West
Gujarat, Rajasthan, Maharashtra, Goa
Central
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
UNION TERRITORIES
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Franchise Details
Payback Period 6-8 Yerrs
Property Details
Type of property required for this franchise opportunity Commercial
Area Requirement As Per Location
Preferred location of unit franchise outlet Any
TRAINING DETAILS
Detailed operating manuals for franchisees Yes
Franchisee training location On Site
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
AGREEMENT & TERM DETAILS
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 3 Years
Is term renewable? Yes

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