Hottest New Franchises
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| InterContinental Hotels Group (IHG) InterContinental
Hotels Group is the world's largest hotel company, by number of rooms,
directing the growth of some of the strongest and most recognized brands in the
industry: InterContinental® Hotels & Resorts, Crowne Plaza®, Hotel Indigo®,
Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites® and
Candlewood Suites®. With more than 4,200 hotels across nearly 100 countries, IHG
is committed to making its hotel brands the first choice for guests – and each
year more than 160 million guest stays are made in IHG hotels. IHG
owns a portfolio covering everything from luxurious upscale hotels in the
world's major cities and resorts to reliable family-oriented hotels that offer
great service and value. This portfolio of brands serves over 200 million
nights each year. IHG’s development
pipeline, the industry’s largest and most global, has over 1,600 hotels and
ensures brand dominance. This diverse portfolio allows for flexibility to
respond to most types of hotel development opportunities. Moreover, hotel
owners can choose the hotel brand that will work for them and maximize the
potential of a particular site. IHG
manages the world’s largest hotel loyalty program, Priority Club® Rewards, with
43 million members. IHG offers hotel owners competitive advantage and value for
their brand affiliation through its ability to drive consumer demand and
provide extensive operations support.
*Chart represents all IHG hotel brands Investment
Required
The application fee for a Holiday Inn franchise is $500 per room
with a $50,000 minimum. The minimum will vary depending on the IHG brand
franchised. Franchise Agreements are entered into with Holiday Hospitality
Franchising, Inc., a member of the InterContinental Hotels Group. IHG provides the following range of investments required to open a
Holiday Inn franchise. The range assumes that all items are paid for in cash.
To the extent that you choose to finance any of these expense items, your
front-end investment could be substantially reduced. The following figures
refer to a 100-room Holiday Inn hotel. On-going Expenses IHG Holiday Inn franchisees pay a royalty fee equal to 5% of gross room revenue and a services fee equal to 2.5% of the preceding month’s gross room revenue. For other IHG hotel brands, the fees may vary. Other ongoing fees include special marketing contributions for the frequency program, capital reserve charges and a monthly technology fee per room. What You Get—Training and Support IHG offers continual support to help maximize revenues through efficient operations for all brands so that franchisees are never alone. From opening, to owner communities, to training programs that retain the best talent, IHG consistently addresses owners’ needs while adding bottom-line value. · Hotel Opening Process – IHG supports franchisees every step of the way. From planning to groundbreaking to grand opening, the IHG OnBoard™ Program navigates owners and franchisees through the entire hotel opening process. · Technical Assistance – IHG recognizes the importance of superior asset management in maximizing hotel returns, including the comfort and safety of guests and employees. To address this, IHG leverages the collective experience of a global team of architecture, design, engineering, and technology experts to ensure that hotels set the benchmarks for the industry. · Training –IHG offers training and retention programs to assist IHG hotels in attracting loyal people whose individual drive and talents take guest service to the next level. · Revenue Maximization – With IHG’s advanced reservations system and efficient revenue optimization programs, each hotel is fully equipped to maximize profitability. IHG’s advanced reservations improve hotel efficiency as well; since hotels no longer need a full reservation team owners can free more staff to other duties. This keeps hotel staff numbers down while owners still enjoy 24-hour reservations support. · Driving Consumer Demand – IHG drives guest demand through an integrated system that markets each brand individually through a myriad of channels. IHG global resources and proprietary services can be leveraged into unmatched value and flexibility delivering customizable management services and cutting-edge competitive strategies to deliver more reservations to each hotel. · IAHI The Owners’ Association - IAHI, the Owners’ Association, is the most established and influential franchisee association in the industry. As the unified voice of IHG owners worldwide, IAHI helps keep ownership concerns at the forefront of your business. Territory IHG grants exclusive territories in limited circumstances. |