29 Aug, 2017

Holiday Inn Franchise

Holiday Inn Franchise was started in 1952 to offer travelers and guests’ dependability in hotel and lodging services. The initial concept was to provide quality hotel services to travelling companies at a low cost. The Holiday Inn Franchise concept came about when the founder undertook a road trip and was disappointed by the value of service that was provided by roadside motels. The founder of the chain then started franchising to other people and by 1958; there were 60 Holiday Inn Franchises in the country. The chain grew so much that by 1968 it had a thousand units opened across the states. In 1992, the hotel chain was acquired by a worldwide brand name, the intercontinental chain of hotels. The original company still owns the brand name; it has franchised it to intercontinental hotels.

Holiday Inn Franchise is a part of the largest hotel chin business in the world with a bed capacity of over 234,688. The modern Holiday Inn Franchise offers facilities such as fitness center, restaurant and lounge facilities. The hotel also offers a good venue for business executives to come and interact in 24-hour conference facilities in all the Holiday Inn Franchises. When the hotel joined hands with intercontinental, the franchisee is able to derive experience from the company and get all the support they require to succeed. You will get a marketing concept and support unlike no other in the industry. The Holiday Inn Franchise system will ensure that you get to be part of the dream of chasing positive cash follows and a great return on your investment. The total investment on a Holiday Inn Franchise is dependent on the location of the franchisee. The royalty fee is however, 5% and the term of agreement of the contract runs for a period of ten years.

The requirement for a prospective Holiday Inn Franchise Franchisee is a general business or preferable hospitality industry experience. The franchisee should also be able to have, marketing experience. The franchisee sis given an opportunity to own more than one unit of Holiday Inn Franchise, 1% of the franchisees own more than one unit. The business can be operated without the owner’s presence though 90% of the franchisees own and operate their businesses personally. Training will also be provided to the franchisee at company headquarters though it can also be provided at the owner’s location onsite depending on where they are located. The franchisee will be provided with initial opening support through grand opening assistance. Additional support is given throughout the life of the franchised business through meetings, newsletters, online and phone facilities. Marketing support is also accorded to the franchisees through ad slicks and regional marketing campaigns.

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