InterContinental Hotels Group vs Novotel Franchise Comparison

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

Start-Up Costs and Fees

 
InterContinental Hotels Group Franchise
Novotel Franchise
Investment $70,494,125 - $103,087,610$1,000,000
Franchise Fee $75,000$50,000
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

 
InterContinental Hotels Group Franchise
Novotel Franchise
Experience --

Financing Options

 
InterContinental Hotels Group Franchise
Novotel Franchise
  In-House/3rd PartyIn-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

 
InterContinental Hotels Group Franchise
Novotel Franchise
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)

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Expansion Plans

 
InterContinental Hotels Group Franchise
Novotel Franchise
US Expansion Yes-
Canada Expansion NoNo
International Expansion YesNo

Company Overviews

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.

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"Entrepreneur
#483 in Franchise 500 for 2020.


About Novotel

Establishing franchised and corporate full-service hotels in all major cities across the country serving the top end of the mid-scale segment of the market. Providing franchisees with extensive and dedicated franchise services, national sales & marketing, training and purchasing power.