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Updated RecentlyInterContinental 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 |
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| 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 |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | 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 |
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| 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 |
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| US Expansion | Yes | - |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
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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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.