Franchise FAQ

are holiday inn express franchise

by Regan Jenkins Published 1 year ago Updated 1 year ago
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What type of Business is Holiday Inn Express?

Holiday Inn Express is the smart choice for savvy business and leisure travelers, offering a relaxed, affordable and hassle-free stay every time. Located at the heart of key business and leisure districts, every Holiday Inn Express is just steps away from dining and entertainment options.

Does Holiday Inn Express have free WiFi?

Yes, the Holiday Inn Express offers free WiFi! Does Holiday Inn Express have a restaurant on site? Holiday Inn Express has 1 restaurant. Great Room. How much does it cost to stay at Holiday Inn Express ?

Does Holiday Inn Express have a gym?

Yes, there is an onsite fitness center at Holiday Inn Express San Clemente N – Beach Area.

What company owns Holiday Inn?

Holiday Inn is an American chain of hotels based in Atlanta, and a brand of InterContinental Hotels Group, which has its headquarters in Denham, Buckinghamshire.Founded as a U.S. motel chain, it has grown to be one of the world's largest hotel chains, with 1,173 active hotels and over 214,000 rentable rooms as of September 30, 2018.

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Is Holiday Inn Express a franchise?

Holiday Inn offers a globally recognized hospitality franchise with multiple brand formats, all under the corporate flag of IHG, which has nearly 6,000 hotels approaching nearly 1,000,000 guest rooms worldwide.

How much is a franchise fee for a Holiday Inn?

How much does Holiday Inn franchise cost? Holiday Inn has the franchise fee of up to $50,000, with total initial investment range of $7,544,298 to $24,836,120.

Are IHG Hotels franchise?

Founded in 1946, InterContinental Hotels & Resorts has more than 150 franchising units around the world.

Are Holiday Inns individually owned?

The brand name Holiday Inn is now owned by IHG, which in turn licenses the name to franchisees and third parties who operate hotels under management agreements.

How much does a Holiday Inn owner make?

The hotel owner salary for a franchise property is modest. According to Shmoop.com, the owner of a chain hotel can expect an average hotel owner's salary of $50,000, with a range of $40,000 to $60,000 a year. Don't forget, the owner is paying a 4% to 6% franchise fee.

How much does it cost to buy a hotel franchise?

Initial Franchise Fee For example, imagine you are opening a new hotel with 450 rooms. A franchise might charge you a flat fee of $65,000 plus $500 per room for every room over 200. Thus, your initial franchise fee outlay would be $65,000 + $500/room * 250 rooms = $190,000.

How many IHG hotels are franchised?

The company franchises, leases, manages or owns over 5,600 hotels and 836,000 guest rooms in over 100 countries, with more than 1,800 hotels in its development pipeline....Facts & Figures.Liquid capital required$1,000Franchise fee$70,436,315Royalty5.0%Units in operation196Founded19462 more rows

What does IHG mean in hotels?

InterContinental® Hotels & Resorts.

What are the 3 business models IHG operates in?

Marketing and sales activity. IHG Rewards Club loyalty programme. Global distribution systems, such as our Guest Reservation System.

What is the difference between Holiday Inn and Holiday Inn Express?

The major difference between a Holiday Inn and a Holiday Inn Express is simply that one is full service, while the other is more limited. Holiday Inn is geared towards families looking for a comfortable spot to relax together, while Holiday Inn Express is aimed more toward the short-stay business traveler.

What's better Holiday Inn Express or Hampton Inn?

Hampton Inn's brand is ranked #- in the list of Global Top 1000 Brands, as rated by customers of Hampton Inn. Their current valuation is $32.46B. Holiday Inn's brand is ranked #482 in the list of Global Top 1000 Brands, as rated by customers of Holiday Inn....Hampton Inn vs Holiday Inn.47%Promoters37%Detractors1 more row

Who is Holiday Inn owned by?

Intercontinental Hotels Group Plc.Intercontinental Hotels Group Plc. Brands: InterContinental, HUALUXE, Crowne Plaza, Hotel Indigo, Holiday Inn, Holiday Inn Express, Candlewood Suites, Staybridge Suites, EVEN, and Kimpton.

Who is Holiday Inn owned by?

Intercontinental Hotels Group Plc.Intercontinental Hotels Group Plc. Brands: InterContinental, HUALUXE, Crowne Plaza, Hotel Indigo, Holiday Inn, Holiday Inn Express, Candlewood Suites, Staybridge Suites, EVEN, and Kimpton.

How much does it cost to open a Hertz franchise?

Hertz Franchise Costs & FeesName of FeeLowHighBusiness License$100$500Miscellaneous Installation Fees$200$500Additional Funds - 3 months$20,000$50,000ESTIMATED TOTAL (excluding real estate & improvements)$564,300$12,539,00010 more rows

Is Walmart a franchise?

Unfortunately, you cannot buy a Walmart as of 2022. Walmart is made up of various shareholders which makes Walmart not able to be a franchise. The Walton family still owns over 50% of the company through Walton Enterprises LLC and the Walton Family Holdings Trust.

Is KFC a franchise?

KFC Franchise is owned by Yum! brands, global franchisor whose 3 restaurant brands, Pizza Hut, Taco Bell and KFC, are amongst the largest and most well-known franchises in the world. They are leaders in their respective industries - Pizza, Mexican and chicken. Yum!

Holiday Inn Express

Holiday Inn Express® hotels are modern hotels for value-oriented travelers. Fresh, clean and uncomplicated, Holiday Inn Express hotels offer competitive rates for both business and leisure travelers.

About Holiday Inn Express

Holiday Inn Express® hotels are modern hotels for value-oriented travelers. Fresh, clean and uncomplicated, Holiday Inn Express hotels offer competitive rates for both business and leisure travelers.

Available Franchise Opportunities

While Holiday Inn Express is not currently accepting new applicants on Franchising.com, these other similar opportunities are actively looking for new franchisees.

How many Holiday Inn Express hotels are there?

Holiday Inn Express is an offshoot brand of smaller, limited service hotels that cater to guests seeking value and efficiency, with around 3,600 hotels open or in pipeline across the globe. Start your business!

How many hotels does Holiday Inn have?

Holiday Inn offers a globally recognized hospitality franchise with multiple brand formats, all under the corporate flag of IHG, which has nearly 6,000 hotels approaching nearly 1,000,000 guest rooms worldwide.

How much does it cost to franchise a Holiday Inn?

In certain special circumstances, the franchisor may grant licenses to operate a Holiday Inn or Holiday Inn Express for a limited term; at the franchisor's election, the fees in these circumstances can be reduced to $250 or $150 per guest room (at a minimum fee of $25,000 or $15,000, respectively).

What are the key attributes of Holiday Inn?

Holiday Inn's buildout and service emphasize three key attributes: arrival (from exterior design to lobby decoration to lighting to staff disposition), guestrooms (flexible and adaptable for the needs of the contemporary traveler), and guest stay (all about an open, relaxed, comfortable, and convenient experience, from the accommodations to the wifi and power outlets to the dining and drink options, and more).

What is the Holiday Inn brand?

Holiday Inn. The core Holiday Inn format represents a midscale, full-service guest experience designed around the brand promises of comfort, value and reliability. The standard Holiday Inn hotel format is meant to be adaptable for development in a wide variety of markets.

How much does it cost to open a Holiday Inn Express?

The total investment necessary to open a typical 93-room Holiday Inn Express hotel, excluding acquisition of the underlying real estate and other costs, is $7,881,597 to $11,081,667. As with the standard format, these costs include a $50,000 franchise application fee, which may be reduced to as little as $25,000 or $15,000 in certain circumstances.

When was Holiday Inn Express founded?

Holiday Inn Express was founded in 1991 to give customers a more affordable, limited service alternative to Holiday Inn. Crowne Plaza, which launched in 1994, was initially called “Holiday Inn Crown Plaza” but dropped the first part of its name to help set it apart as a distinct brand.

About Holiday Inn and Holiday Inn Express

Holiday Inn® offers a full-service experience whether traveling for business or leisure. From restaurants to meeting rooms to service with a smile, we have everything you need to make the most of your trip. With more than 1,000 hotels worldwide, we are everywhere you need to be. Holiday Inn is part of IHG® Hotels and Resorts.

How Much Does It Cost To Open A Holiday Inn and Holiday Inn Express Franchise?

There are several costs associated with opening a Holiday Inn and Holiday Inn Express franchise. There is typically a franchise fee set by the franchisor, which covers the costs of opening a franchise location. Some other commons fees include equipment fees, marketing fees, licensing fees, insurance, and taxes, to name a few.

Training and Support Offered By Holiday Inn and Holiday Inn Express

Holiday Inn and Holiday Inn Express offers several support options to its franchisees. With 4,137 (as of 2020) units, Holiday Inn and Holiday Inn Express aims to provide support to each franchise owner to help them operate a successful franchise location.

Is Holiday Inn and Holiday Inn Express Right For You?

Holiday Inn and Holiday Inn Express has gone digital! Here are all of the ways you can find Holiday Inn and Holiday Inn Express online. Oftentimes, you can reach out to current franchisees of Holiday Inn and Holiday Inn Express online.

Why Should You Start a Holiday Inn and Holiday Inn Express Franchise?

Investing in a Travel franchise such as Holiday Inn and Holiday Inn Express can kickstart your franchise portfolio. Our goal at Why Franchise is to provide you with the resources needed to be a successful franchise owner. Fill out the form below to get more information about Holiday Inn and Holiday Inn Express franchise and we'll be in touch soon!

Does a Holiday Inn Express Franchise Make Money?

A critical part of your due diligence is to build an estimated P&L (profit and loss statement) and see what the numbers might look like if you become a Holiday Inn Express franchisee. Reading Chapter 13 of The Educated Franchise teaches you the secrets of this key step.

Can you call Holiday Inn Express franchisees?

As you are reviewing Holiday Inn Express’s Franchise Disclosure Document you will have a number of calls with Holiday Inn Express’s franchise team before you will be allowed to call Holiday Inn Express franchisees.

Is it possible to become a Holiday Inn Express franchisee?

Becoming a Holiday Inn Express franchisee is not a guarantee of success, but rather a blueprint that can assist you in achieving success. Given the correct market conditions, skills and dedication, being a Holiday Inn Express franchisee might be financially rewarding.

Who is the CEO of InterContinental Hotels Group?

Reporting directly to CEO Richard Solomons, the hiring of Light builds on the company's strategy of developing and ... Holiday Inn Express To Open Most Hotel Rooms In U ...

Is Holiday Inn Express smart?

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!

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