IHG (InterContinental Hotels Group)

IHG (InterContinental Hotels Group)

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Promoted Opportunities

IHG (InterContinental Hotels Group)
#40

Initial Investment

LOW: $7,530,521
HIGH: $98,487,600

Change in Units

+2.4% +120 UNITS (1 Year)
+9.1% +422 UNITS (3 Years)

Company Profile

Founded

1952

Franchising Since

1954 (63 Years)

Corporate Address

3 Ravinia Dr., #100 Atlanta, GA 30346

CEO

Richard Solomons

Parent Company

InterContinental Hotels Group

Ticker Symbol

About IHG (InterContinental Hotels Group)

InterContinental Hotels & Resorts started abroad as a subsidiary of Pan American Airlines, which sold the company in the 1980s. In 1988, the U.K.-based brewery Bass purchased Holiday Inn International, which was founded and began franchising in the 1950s. The company has since sold the brewery and franchises nine hotel brands across six continents. Their hotel brands are Candlewood Suites, Crowne Plaza Hotels & Resorts, Even Hotels, Holiday Inn Hotels & Resorts, Holiday Inn Express, Hotel Indigo, Hualuxe Hotels & Resorts, InterContinental Hotels & Resorts, and Staybridge Suites.

Financials

Financial Requirements

Initial Investment

$7,530,521 - $98,487,600

Ongoing Fees

Initial Franchise Fee

$50,000 - $75,000

Ongoing Royalty Fee

5-6%

Financing Options

IHG (InterContinental Hotels Group) has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: varies

Training at headquarters: varies

Ongoing Support
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Ad Slicks
Regional Media

Absentee Ownership Allowed

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The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: October 6th, 2016

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