voco hotels vs Tru by Hilton Franchise Comparison

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

Start-Up Costs and Fees
 
voco hotels Franchise
Tru by Hilton Franchise
Investment $15,963,880 - $46,738,600$8,332,795 - $13,542,175
Franchise Fee $75,000$75,000
Royalty Fee 05%
Advertising Fee 04%
Year Founded 2020-
Year Franchised 2020-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
voco hotels Franchise
Tru by Hilton Franchise
Experience --

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

Training & Support
 
voco hotels Franchise
Tru by Hilton Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
voco hotels Franchise
Tru by Hilton Franchise
US Expansion YesYes
Canada Expansion --
International Expansion Yes-

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 Tru by Hilton

"Tru

You deserve Tru's best every day: a clean, comfortable place to stay and service with a smile. If it's not our best, please let us know. We promise to make it right or we'll cover your night.

#68 in Franchise 500 for 2021. Not ranked in 2020.