voco hotels vs Aloft hotels Franchise Comparison

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

Start-Up Costs and Fees
 
voco hotels Franchise
Aloft hotels Franchise
Investment $15,963,880 - $46,738,600$10,358,360 - $26,620,860
Franchise Fee $75,000$185,050 - $258,650
Royalty Fee 05.5%
Advertising Fee 0-
Year Founded 2020-
Year Franchised 2020-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
voco hotels Franchise
Aloft hotels Franchise
Experience --

Financing Options
 
voco hotels Franchise
Aloft hotels Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
voco hotels Franchise
Aloft hotels Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
voco hotels Franchise
Aloft hotels Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesYes

Company Overviews

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



About Aloft hotels

Aloft Hotels caters to today’s modern traveler who craves jet-setting style and a vibrant social scene at an affordable price. Urban-inspired design, accessible technology and innovative programing centering on music and F&B make Aloft unique to the traditional hotel landscape.

The total investment necessary to begin operation of a newly-constructed prototypical Aloft Hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $10,358,360 to $21,797,660 for an 80 to 110-guestroom Aloft Hotel to $13,906,160 to $26,620,860 for a 120 to 150-guestroom Aloft Hotel. This includes approximately $185,050 to $258,650 that must be paid to the franchisor or an affiliate.