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Updated RecentlyRodeway Inns vs voco hotels Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Rodeway Inns vs voco hotels including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $118,825 - $572,495 | $15,963,880 - $46,738,600 |
| Franchise Fee | $15,000 | $75,000 |
| Royalty Fee | 4.5% | 0 |
| Advertising Fee | 1.25%-3.5% | 0 |
| Year Founded | - | 2020 |
| Year Franchised | - | 2020 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About Rodeway Inns
You’re all about the basics and you want the same in a hotel brand. The easy to operate, iconic Rodeway Inn is familiar to most travelers for its emphasis on value.
The total investment necessary to convert an existing hotel and begin
operation of a 67-room Rodeway Inn hotel franchise is between
$118,825-$572,495. This includes the following fees that must be paid to
the franchisor or its affiliates as follows: an affiliation fee of $125
per room for new construction and $375 per room for transfers and
renewals, $15,000 minimum; a property management system software license
and systems training fee of between $5,250 and $9,250; and orientation
and hospitality training fees of between $0 and $3,245 per person. These
sums do not include the cost of any real estate taxes.
About voco hotels
!["voco]("https://fddexchange.com/wp-content/uploads/2020/06/voco.jpg")
Drawing on their years of experience in delivering True Hospitality, voco Hotels, gives people a different choice.
The voco™ brand offers owners the ability to drive higher returns by delivering a distinctive, compelling, experiential consumer proposition and leveraging IHG's powerful resources.
voco is leading a trend towards conversions, which we’re seeing across
the full breadth of our portfolio and accounted for a quarter of IHG’s
signings overall in the first half of 2020