Fairfield Inns vs voco hotels Franchise Comparison

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

Start-Up Costs and Fees

 
Fairfield Inns Franchise
voco hotels Franchise
Investment $8,491,200 - $22,730,300$15,963,880 - $46,738,600
Franchise Fee $50,000 - $60,000$75,000
Royalty Fee 5.5%0
Advertising Fee -0
Year Founded 19872020
Year Franchised 19872020
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Fairfield Inns Franchise
voco hotels Franchise
Experience --

Financing Options

 
Fairfield Inns Franchise
voco hotels Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Fairfield Inns Franchise
voco hotels Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Fairfield Inns Franchise
voco hotels Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Fairfield Inns

Consistent, quality lodging at an affordable price.
Features include: - Spacious guest rooms
- Daily complimentary continental breakfast
- Swimming pool
- Future plans include a selection of Fairfield Inn & Suites properties offering exercise rooms and enhanced amenities.

The total investment necessary to begin operation of a newly-constructed prototypical Fairfield by Marriott hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $8,491,200 to $17,927,000 for an 80 to 110-room Fairfield by Marriott hotel and from $11,717,000 to $22,730,300 for a 120 to 150-room Fairfield by Marriott hotel. This includes approximately $130,800 to $205,300 that must be paid to the franchisor or an affiliate.

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