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Updated RecentlyInterContinental Hotels Group vs WaterWalk Hotels and Apartments Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of InterContinental Hotels Group vs WaterWalk Hotels and Apartments including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $70,494,125 - $103,087,610 | $19,960,000 - $25,430,000 |
| Franchise Fee | $75,000 | $50,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | - | - |
| Year Founded | 1952 | 2014 |
| Year Franchised | 1954 | 2014 |
| Term Of Agreement | Varies; avg. 10 years | - |
| Term Of Agreement | Varies; avg. 10 years | - |
| Renewal Fee | Varies | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
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| Training | On-The-Job Training Classroom Training | - |
| Support | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
| Operations |
1% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About InterContinental Hotels Group
InterContinental Hotels Group is a leading global hospitality group, with more than 3,500 hotels and 534,000 guest rooms across nearly 100 countries and territories. Every year more than 120 million people find a welcome at one of our lodging brands.
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About WaterWalk Hotels and Apartments
!["httpsfddexchangecomwp-contentuploads202001WaterWalkpng"]("https://fddexchange.com/wp-content/uploads/2020/01/WaterWalk.png")
WaterWalk offers both well-appointed hotel suites and all-inclusive
apartments. Stay a few days or settle in for a while.
We do hospitality right. Every time.
The total investment necessary to begin operation of a WaterWalk
Property ranges from $19,960,000 to $25,430,000. This includes the
initial fees owed to WaterWalk varying from between $137,000 and $647,500
that must be paid to WaterWalk or its affiliates when the Property has no
more than 153 units. If the Property will have more than 153 units, the
payment to WaterWalk and its affiliates and the total investment is increased
by $375 per each additional unit.