Description
Opening a hotel under a franchise brand. Hotel management. Hospitality development solutions
The hotel operator InterContinental Hotels Group is a hotel and hotel operator headquartered in Denham, UK. The company was founded in 2003 after the previous large hotel corporation, Six Continents Plc, disintegrated, forming several independent organizations.
This is a joint stock company, numerous shares are currently in free float – over 93%. The capitalization is almost $10 billion. InterContinental Hotels Group is the largest hotel operator in the world in terms of the number of rooms available. The corporation owns, opens franchises and operates more than 5300 hotels in different parts of the world, the total number of rooms in these hotels is about 800 thousand. She owns brands such as Regent, InterContinental, Kimpton, Hualuxe, Holiday Inn Resort, Crowne Plaza, Hotel Indigo, Holiday Inn, Holiday Inn Express and others.
The financial turnover of the company is more than $5 billion, and the net profit is 800 billion. Around the world, the company has provided jobs for more than 120 thousand people.
Opening and operating a hotel
The hotel operator InterContinental Hotels Group provides visitors with hotel rooms of different classes – from budget places to premium apartments. Most of the hotels operate under a franchise agreement, managed by the chain’s management. To become a franchisee and work under one of the brands of the InterContinental Hotels Group, you must have some experience and sufficient, non-credit capital for investments and investments.
If you are looking for a management company (hotel operator), or want to open a hotel, then our experts will provide you with a comprehensive solution in the opening and management of a hotel.
InterContinental Hotels Group franchise cost:
- Initial fee is 150 thousand dollars.
- Royalty – 5% of room income.
- Total investments – from $78 million to $113 million.
Read more about “Hotel operator – InterContinental Hotels” on the official website of the company: https://www.ihgplc.com/
Our services
Proriat Hospitality Partners – effective management and guarantee to restaurants’ and hotels’ profitability. Learn more about our solutions and services: www.proriat.com
Proriat Real Estate – turnkey solutions in selecting the best HoReCa premises. Commercial real estate catalog and sale of ready-made business: www.proriat-realestate.com
Proriat Franchise Development – brand development, attracting partners, franchisees, and opening new restaurants. Franchise catalog on the website: www.proriat-franchise.com
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