Holiday Inn vs Canopy Franchise Comparison

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

Start-Up Costs and Fees

 
Holiday Inn Franchise
Canopy Franchise
Investment $8,993,365 - $20,018,168$44,872,050 - $114,186,475
Franchise Fee $50,000$75,000
Royalty Fee 5-6%5%
Advertising Fee -4%
Year Founded 19902007
Year Franchised 19902007
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Holiday Inn Franchise
Canopy Franchise
Experience --

Financing Options

 
Holiday Inn Franchise
Canopy 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
Canopy 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
Canopy 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 Canopy

"Canopy
The Hilton Performance Advantage is an integrated system of innovative solutions and advanced technologies that work together to drive increased business and keep costs down, without compromising quality. Together, these seven services provide access to the latest tools, technologies, forward-thinking strategies, and the most influential people in the industry to create an unrivaled competitive advantage.

#210 in Franchise 500 for 2021   Not in Franchise 500 for 2020