voco hotels vs Hard Rock Hotel Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of voco hotels vs Hard Rock Hotel including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$15,963,880 - $46,738,600 | $118,010,666 - $221,433,000 |
Franchise Fee |
$75,000 | $50,000 |
Royalty Fee |
0 | - |
Advertising Fee |
0 | - |
Year Founded |
2020 | 2001 |
Year Franchised |
2020 | 2001 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
Yes | Yes |
Company Overviews
About voco hotels
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
About Hard Rock Hotel
Hard
Rock Hotels span the globe with an uncompromising dedication to
hospitality that promises so much more than merely a place to stay.
We embrace the culture and character of each of our all-inclusive resorts
collection locations with an energy and enthusiasm only found at Hard
Rock.
Our hotels are rooted in the spirit of music that all began with a guitar
donated by rock legend Eric Clapton to London’s original Hard Rock Cafe.
We offer a suite of services for guests that value the VIP treatment.
And we welcome people from all walks of life in an all-inclusive way.
Every Hard Rock Hotel takes the spirit of its destination and blends it with
our vibrant collection of music and memorabilia.