InterContinental Hotels & Resorts Franchise for Sale - Hotel
InterContinental Hotels & Resorts Franchise Opportunities
InterContinental Hotels & Resorts franchise is one of the largest hotel chains in the world. It was launched in 1946, and has expanded to 203 locations in the USA and other countries so far. The franchise incorporates popular and respected hotel brands and offers Priority Club® Rewards loyalty program with dozens of millions of members worldwide. Intercontinental Hotels & Resorts franchise provides promising opportunities to their franchisees. They include a strong loyalty programme, a powerful reservation system, a set of management and marketing tools. Besides, InterContinental Hotels & Resorts franchise team constantly support their partners and help them achieve coveted revenue.
How to open an InterContinental Hotels & Resorts franchise?
- Ensure you have adequate capitalization.
In order to open the InterContinental Hotels & Resorts hotel franchise, you must have a net worth of $1,000.
- Appreciate the investment required for a hotel franchise.
You will need to consider real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc.
- Evaluate your prior experience and strengths.
You do not need prior business experience before applying to become a InterContinental Hotels & Resorts franchise owner. Their training is extensive and complete. After your training, you will be fully prepared to operate your store.
- Assess market availability.
You will want to look at the market availability for InterContinental Hotels & Resorts franchises and see if there are available markets in your location of interest before proceeding with the franchising application.
- Submit your application.
Your application will be reviewed by the InterContinental Hotels & Resorts franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner.
- Receive approval & opening your InterContinental Hotels & Resorts franchise.
You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.
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How much does the InterContinental Hotels & Resorts franchise cost?
InterContinental Hotels & Resorts has a franchise fee of up around $75,000, with a total initial investment range of $76,741,115 to $111,703,605.
Net-worth Requirement: $1,000
InterContinental Hotels & Resorts Initial Investment
Initial Investment: $76,741,115 - $111,703,605.
Initial Franchise Fee: $75,000
Ongoing Royalty Fee: 5%
Are you interested in starting an InterContinental Hotels & Resorts Franchise in the USA, Canada, Latin America, Asia, Europe, or Africa?
We provide estimated franchise costs for some countries:
- - In the United States, the total investment to start the InterContinental Hotels & Resorts is around $76,741,115 to $111,703,605.
- - In Canadian dollar, the investment comes around Can$ 92,5 to Can$ 134,7 million.
- - In Mexican currency, the investment comes around Peso 1522,34 to Peso 2215, 91 million.
- - In Indian currency, the investment comes around Rs 560,69 to 816,13 crores.
- - In currency of the United Kingdom, the investment comes around British pound sterling 54 to 78,7 million.
- - In Philippine peso, the investment comes around Php 3674,7 to 5348,9 million.
- - In currency of Australia, the investment comes around AUD 98,6 to AUD 143,5 million.
- - In currency of Germany, the investment comes around EUR 62,86 to EUR 91,5 million.
- - In the United Arab Emirates Dirham, the investment comes around AED 281,9 to AED 410,3 million.
InterContinental Hotels & Resorts website: www.ihg.com
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- Starting investments from:$76,741,115
- Company type:Hotel
- Company foundation year1946
- Year of launching the franchise1946
- Franchise enterprises:203
- Franchisees in USA:23
- Franchisees in other countries:180
- Corporate Address:Three Ravinia Dr., #100 Atlanta, GA 30346