voco hotels vs Knights Inn Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of voco hotels vs Knights Inn including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$15,963,880 - $46,738,600 | $93,000 - $6,277,500 |
Franchise Fee |
$75,000 | $7,000 |
Royalty Fee |
0 | $21/rm./mo. |
Advertising Fee |
0 | - |
Year Founded |
2020 | 1972 |
Year Franchised |
2020 | 1991 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | Yes |
International Expansion |
Yes | - |
Company Overviews
About voco hotels
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
About Knights Inn
Knight's Inns, an illustrious place to remain. An illustrious place to claim.
With about 200 properties - most ideal off major U.S. what's more, Canadian
interstates -
Knights Inn is an inn network on a mission: to be the
favored economy/spending brand for voyagers searching for clean rooms,
well disposed administration, and incredible esteem.
A
s a Knights Inn franchisee, you'll appreciate two upper hands: a very
perceived roadside name and steadfast clients. The economy/spending
fragment is an extending market, especially on the recreation side,
making
Knights Inn lodgings consummately situated to serve esteem
cognizant clients: families, seniors and mid-level business voyagers.
This inn network has been around quite a while and individuals know the name by heart. Strong organization.