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Below is an in-depth analysis and side-by-side comparison of Holiday Inn vs Select Inn including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $8,993,365 - $20,018,168 | $5,000,000 |
Franchise Fee | $50,000 | N/A |
Royalty Fee | 5-6% | - |
Advertising Fee | - | - |
Year Founded | 1990 | 1989 |
Year Franchised | 1990 | 2004 |
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 | -/Yes | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/Yes | -/- |
Receivables | -/Yes | -/- |
Payroll | -/- | -/- |
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 | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | Yes | - |
Providing confidence to the traveling public that Select Inn's are a clean place to stay in the economy segment. "Always A Friend, Always A Smile."