|
Below is an in-depth analysis and side-by-side comparison of InterContinental Hotels Group including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $70,494,125 - $103,087,610 | |
Franchise Fee | $75,000 | |
Royalty Fee | 5% | |
Advertising Fee | - | |
Year Founded | 1952 | |
Year Franchised | 1954 | |
Term Of Agreement | Varies; avg. 10 years | |
Term Of Agreement | Varies; avg. 10 years | |
Renewal Fee | Varies | |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | ||
Franchise Fees | No/Yes | |
Start-up Costs | No/Yes | |
Equipment | No/Yes | |
Inventory | No/Yes | |
Receivables | No/Yes | |
Payroll | No/Yes | |
Training & Support |
||
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 | Co-op advertising, Ad slicks, National media, Regional advertising | |
Operations |
1% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
|
Expansion Plans |
||
US Expansion | Yes | |
Canada Expansion | No | |
International Expansion | Yes |