voco hotels vs The Luxury Collection Franchise Comparison

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

Start-Up Costs and Fees
 
voco hotels Franchise
The Luxury Collection Franchise
Investment $15,963,880 - $46,738,600$138,156,490 - $214,086,490
Franchise Fee $75,000N/A
Royalty Fee 0-
Advertising Fee 0-
Year Founded 2020-
Year Franchised 2020-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
voco hotels Franchise
The Luxury Collection Franchise
Experience --

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

Training & Support
 
voco hotels Franchise
The Luxury Collection Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
voco hotels Franchise
The Luxury Collection Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesYes

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 The Luxury Collection

"The

The franchisee will establish and operate a full-service hotel that will be designated
as a member of “The Luxury Collection.”
The total investment necessary to begin operation of a newly-constructed The Luxury Collection hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $138,156,490 to $214,086,490 for a 250-guestroom hotel. This includes approximately $368,500 to $499,500 that must be paid to the franchisor or an affiliate.