Business Categories
Hotel Chain

Econostay by Crimson Hotels

  • Area Req
    As Per Location
  • Investment Range
    INR 5 Cr - 10 Cr
  • No. Of Franchise Outlets
    2
About Us

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 Details

Commenced Operations

Operations Commenced On 2012

Franchise Commenced On 2015

Franchise Details
Units

Investment INR 5 Cr. above

Royalty/Commission 5% %

Details

Likely pay back period of capital for a Unit Franchise 6-8 Yerrs

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

 

Property Details

Type of property required for this franchise opportunity Commercial

Floor 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 the term renewable? Yes

Interested in above brand? Submit your interest here.

Insta Apply
You might also be interested in these opportunities
  • Others Food Service
    About Us: Our Bol Baby Bowl is a handy bowl designed to..
    Locations looking for expansion Maharashtra
    Establishment year 2019
    Franchising Launch Date 2022
    Investment size Rs. 10lac - 20lac
    Space required 700
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquarter Pune Maharashtra
  • Quick Service Restaurants
    About Us: Pizza is about The Pleasures of Life, Storytelling, Traditions,..
    Locations looking for expansion Delhi
    Establishment year 2000
    Franchising Launch Date 2007
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquarter New delhi Delhi
  • Men's Clothing
    Raymond is a diversified group with majority business interests in..
    Locations looking for expansion Maharashtra
    Establishment year 1950
    Franchising Launch Date 2022
    Investment size Rs. 30lac - 50lac
    Space required 1100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquarter Mumbai Maharashtra
  • Others Food Service
    Frankie Stations Continues to be recognized as a Premier Franchising..
    Locations looking for expansion Gujarat
    Establishment year 2017
    Franchising Launch Date 2022
    Investment size Rs. 10lac - 20lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquarter Vadodara Gujarat
  • Holiday Services
    About Us: Neem Holidays Pvt. Ltd was incorporated in the year..
    Locations looking for expansion Maharashtra
    Establishment year 2001
    Franchising Launch Date 2022
    Investment size Rs. 5lac - 10lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquarter Goregaon east Maharashtra
  • Hotel Chain
    We have been into industrial colonies for the past 20..
    Locations looking for expansion Punjab
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type MultiUnit
    Headquarter Phillaur Punjab
More Stories
Apply Now

Free Advice - Ask Our Experts

pincode
;
ads ads ads ads