La Quinta vs InterContinental Hotels Group Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of La Quinta vs InterContinental Hotels Group including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
La Quinta Franchise
InterContinental Hotels Group Franchise
Investment $3,822,657 - $12,901,630$70,494,125 - $103,087,610
Franchise Fee $55,000$75,000
Royalty Fee 4-4.5%5%
Advertising Fee 4.5%-
Year Founded 19681952
Year Franchised 20011954
Term Of Agreement 20 yearsVaries; avg. 10 years
Term Of Agreement 20 yearsVaries; avg. 10 years
Renewal Fee -Varies


Business Experience Requirements

 
La Quinta Franchise
InterContinental Hotels Group Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    La Quinta Franchise
    InterContinental Hotels Group Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/YesNo/Yes
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support

     
    La Quinta Franchise
    InterContinental Hotels Group Franchise
    Training - On-The-Job Training Classroom Training
    Support Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperativesMeetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingCo-op advertising, Ad slicks, National media, Regional advertising
    Operations 15% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 20 - 25

    Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators)

    1% of all franchisees own more than one unit

    Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)


    Expansion Plans

     
    La Quinta Franchise
    InterContinental Hotels Group Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About La Quinta

    La Quinta is one of the fastest growing mid-scale hotels with properties across the US, Canada and Mexico. Our purpose is to provide a refreshing and engaging environment that builds long-lasting, valuable relationships with employees, guests, owners and partners. La Quinta is a proud participant in VetFran, and is honored to offer veterans of our armed forces great incentives and enhanced resources for becoming a part of the La Quinta family.
    Veteran Incentives: 50% off application/franchise fees; development incentive of up to $4,000/room

    The total investment necessary to begin operation of a La Quinta Inn & Suites franchise for a 109-room new construction facility ranges from $10,348,042 to $12,901,630, including $71,050 to $91,500 that must be paid to the franchisor or an affiliate.
    The total investment necessary to begin operation of a La Quinta Inn & Suites franchise for a 100-room conversion facility ranges from $3,822,657 to $6,101,522 including $66,100 to $86,550 that must be paid to the franchisor or an affiliate. Land acquisition and site preparation costs are not included in these ranges.

    "Entrepreneur

    #193 in Franchise 500 for 2020.
    #217 in Franchise 500 for 2021.






    About InterContinental Hotels Group

    InterContinental Hotels Group is a leading global hospitality group, with more than 3,500 hotels and 534,000 guest rooms across nearly 100 countries and territories. Every year more than 120 million people find a welcome at one of our lodging brands.

    ""  

    "Entrepreneur
    #483 in Franchise 500 for 2020.