Red Roof Inn · Columbus, OH United States
Company Description
More Companies in: Columbus, Ohio
More Companies in These Related Industries: Hotels & Motels
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This link will open in a new window This business believes a night's lodging shouldn't put you in the red. Red Roof Inn is a leading budget motel chain with nearly 350 locations in the US. While popular with families, the brand caters to business travelers with such amenities as continental breakfast, meeting rooms, photocopy services, and wireless Internet access. It also offers larger suites and deluxe rooms with executive-style desks and microwave ovens. Founded by James Trueman in 1972, Red Roof Inn was formerly operated by Accor North America , a division of French hotel giant Accor . In 2007 Accor sold Red Roof for $1.32 billion to a consortium comprising Citigroup 's Global Special Situations Group and Westbridge Hospitality Fund. To read the full description, subscribe now.
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Key Red Roof Inn Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| Employees | 5,800 |
Competition
Competitive Landscape for Red Roof Inn
Business and tourist travel drive demand. Both are affected by the strength of the economy. The profitability of individual companies depends on efficient operations, because many costs are fixed, and on effective marketing. Large companies have advantages in economies of scale in operations, can more easily raise capital, and have strong name recognition. Small companies, such as boutique hotels, can compete effectively in favorable locations and by providing specialty services. A hotel business requires large amounts of capital, but operations are labor-intensive: average annual revenue per employee is around $80,000. To read the full description, subscribe now.Top Red Roof Inn Competitors
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