Residence Inn vs voco hotels Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Residence Inn vs voco hotels including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Residence Inn Franchise
voco hotels Franchise
Investment N/A$15,963,880 - $46,738,600
Franchise Fee N/A$75,000
Royalty Fee -0
Advertising Fee -0
Year Founded -2020
Year Franchised -2020
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Residence Inn Franchise
voco hotels Franchise
Experience --

Financing Options
 
Residence Inn Franchise
voco hotels Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Residence Inn Franchise
voco hotels Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Residence Inn Franchise
voco hotels Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Residence Inn

Designed as "home away from home" for travelers staying 5 or more nights - Residential atmosphere with spacious accommodations Features include: - Complimentary hot breakfast - Evening hospitality hour - Swimming pool - Sport Court - Personalized grocery shopping - Daily housekeeping - Guest suites with separate living and sleeping areas - Fully equipped kitchen - Work space with data ports and voicemail

About voco hotels

"voco

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