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

 
voco hotels Franchise
Knights Inn Franchise
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 20201972
Year Franchised 20201991
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
voco hotels Franchise
Knights Inn Franchise
Experience --

Financing Options

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

Training & Support

 
voco hotels Franchise
Knights Inn Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
voco hotels Franchise
Knights Inn Franchise
US Expansion YesYes
Canada Expansion -Yes
International Expansion Yes-

Company Overviews

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



About Knights Inn

"KNIGHTS

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.

As 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.