Business Categories
Hotel Chain

Econostay by Crimson Hotels Franchise Cost – How to get, Contact, Apply, Fee

  • Area Req
    As Per Location
  • Investment Range
    INR 5.00 Cr - 10.00 Cr
  • No. Of Franchise Outlets
    2

About brand - Econostay by Crimson Hotels

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 

Econostay by Crimson Hotels Franchise Cost & Investment

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

Econostay by Crimson Hotels Expansion Plans

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

 

Econostay by Crimson Hotels Franchise Requirements

Type of property required for this franchise opportunity Commercial

Floor area requirement As Per Location

Preferred location of unit franchise outlet Any

Econostay by Crimson Hotels Franchise Training

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

Econostay by Crimson Hotels Franchise Agreement Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 3 Years

Is the term renewable? Yes

Disclaimer: Franchise India is an integrated franchise solution company since 1999, and an absolute authority on franchising and licensing. FIHL (www.franchiseindia.com) and the site sponsors accept no liability for the accuracy of any information contained on this site or on other linked sites. We recommend you take advice from a lawyer, accountant and franchise consultant experienced in franchising before you commit yourself. It is user’s responsibility to satisfy yourself as to the accuracy and reliability of the information supplied. Please read the terms & conditions on Franchise India.

How to get Econostay by Crimson Hotels Franchise

Franchise India stands as a premier platform offering a wide spectrum of franchise opportunities across diverse industries. Embarking on your entrepreneurial journey through a franchise presents a promising venture. To get a Econostay by Crimson Hotels franchise, you can fill up the application form provided on the website and our expert team will guide you with all the details viz. Econostay by Crimson Hotels franchise fee, Econostay by Crimson Hotels franchise cost, Econostay by Crimson Hotels apply process and more. Our team will guide you during the process to avail Econostay by Crimson Hotels franchise.

Interested in Econostay by Crimson Hotels Franchise? Apply here

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