InterContinental Hotels & ResortsInterContinental Hotels & Resorts is a world-renowned hotel […] |
InterContinental Hotels & Resorts is a world-renowned hotel brand owned by InterContinental Hotels Group. They're known for luxurious hotels in major cities around the world. Other popular hotel brands under the same parent company include Kimpton and Holiday Inn.
The tourism industry is booming, making an InterContinental Hotels & Resorts franchise a potentially great investment. InterContinental Hotels & Resorts focuses on high-quality locations to ensure a strong brand portfolio. If you're interested in becoming a franchisee, you'll have a variety of hotel brands to choose from.
To be a successful franchisee, you need strong communication skills, the ability to work collaboratively, and decisiveness. While prior experience isn't required, InterContinental Hotels & Resorts provides comprehensive training before you open your doors.
InterContinental Hotels & Resorts has been recognized in Entrepreneur's Franchise 500 list, based on factors like costs, growth, support, brand strength, and financial stability. This means you can have more confidence in your investment with a well-established brand.
Choosing an InterContinental Hotels & Resorts franchise can offer a more predictable path to success compared to starting a completely new brand in a crowded and competitive market.
As a franchisee, you'll be actively involved in every stage of opening your hotel. The brand is committed to helping you build your business and provides resources for improving employee performance and guest satisfaction. They operate hotels in three ways: franchising, management, and owning/leasing. You'll need to be fully dedicated to running your business and hiring qualified staff.
Before joining the InterContinental Hotels & Resorts team, make sure you're prepared financially. This includes an initial investment covering franchise fees and startup costs. You'll also need to budget for ongoing fees, like royalty fees and renewal fees.
Once you're awarded a franchise, you'll receive ongoing support throughout the process. This includes pre-opening training, brand awareness programs, marketing support, research assistance, and help with construction. You'll also get hands-on training and continued support after your hotel opens.
Before making any commitments, it's essential to do your research and determine if this is the right opportunity for you. Talk to current franchisees to get their insights into working with InterContinental Hotels & Resorts.
Research the brand and your local area to see if an InterContinental Hotels & Resorts franchise would be successful in your community. While some competition is good, too much can hinder growth.
Consider consulting with an attorney or financial advisor to ensure you have the necessary resources to own and operate a franchise.
Category Location | N/A |
Number of Units Open | 215 (as of 2023) |
Investment Range | $96,928,750 - $139,284,300 |
Master Franchise | N/A |
Home based franchise | YES |
Item 19 Franchise | YES |
Veteran Discount | YES |
Franchise Opportunities in Canada | YES |
International Franchise Opportunities | |
E2/EB5 Visa Franchise | YES |
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