Holiday Inn vs Reverb hotel by Hard Rock Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Holiday Inn vs Reverb hotel by Hard Rock including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Holiday Inn Franchise
Reverb hotel by Hard Rock Franchise
Investment $8,993,365 - $20,018,168$15,445,000 - $37,020,000
Franchise Fee $50,000N/A
Royalty Fee 5-6%-
Advertising Fee --
Year Founded 1990-
Year Franchised 1990-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Holiday Inn Franchise
Reverb hotel by Hard Rock Franchise
Experience --

Financing Options

 
Holiday Inn Franchise
Reverb hotel by Hard Rock Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/Yes-/-
Payroll -/--/-

Training & Support

 
Holiday Inn Franchise
Reverb hotel by Hard Rock 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 --
Operations --

Expansion Plans

 
Holiday Inn Franchise
Reverb hotel by Hard Rock Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesYes

Company Overviews

About Holiday Inn

Holiday Inn Express continues to Stay Smart by offering travelers competitive rates and convenient locations around the globe. The Holiday Inn Express prototype design allows for lower costs, lower overhead, and a more efficiently-staffed operation. Holiday Inn Express continues to set the pace in the mid-scale without food and beverage hotel category as the fastest-growing brand, opening on average two new hotels every week. Now, that is smart!

"Top    "Entrepreneur
#53 in Canada's Top franchises.
#36 in Franchise 500 for 2020.
#57 in Franchise 500 for 2021.



About Reverb hotel by Hard Rock

"Reverb

Hard Rock Hotel Licensing, Inc. offers franchises for the operation of an upscale, select-service hotel that operates under the name “Reverb.”

If you purchase a single franchised Hotel, the total investment necessary to begin operation of a Reverb franchise ranges from $15,445,000 to $37,020,000. This includes an amount ranging from $151,000 to $415,000 that must be paid to the franchisor and their affiliates.
If you purchase area development rights, the total investment necessary to begin operation of a Reverb franchise ranges from $15,445,000 to $37,020,000, plus an additional deposit fee that is calculated as: $50,000 for the 2nd Hotel you will develop under the area development agreement, plus $12,500 per Hotel for your 3rd and each additional Hotel you will commit to develop under the area development agreement. This includes an amount ranging from $151,000 to $415,000, plus the total amount of the deposit fee, that must be paid to the franchisor and their affiliates.