voco hotels vs Hyatt Centric Franchise Comparison

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

Start-Up Costs and Fees
 
voco hotels Franchise
Hyatt Centric Franchise
Investment $15,963,880 - $46,738,600$29,373,500 - $105,360,000
Franchise Fee $75,000$100,000
Royalty Fee 0-
Advertising Fee 0-
Year Founded 20202015
Year Franchised 20202015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
voco hotels Franchise
Hyatt Centric Franchise
Experience --

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

Training & Support
 
voco hotels Franchise
Hyatt Centric Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
voco hotels Franchise
Hyatt Centric 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 Hyatt Centric

"Hyatt
Start here. Discover everywhere.
Hyatt Centric hotels are located in the heart of the action, serving as the perfect spot for exploring all your destination has to offer.
Our Hyatt Centric hosts are destination experts