Crowne Plaza Hotels & Resorts FDD – Franchise Information, Costs and Fees
Type of Business
The franchisee will establish and operate a hotel under the Crowne Plaza, Crowne Plaza Suites or Crowne Plaza Resort brands.
Corporate Information
Holiday Hospitality Franchising, LLC is a Delaware limited liability company which was formed on November 3, 1989 (originally under the
name “Holiday Inns Franchising, Inc.”, which was subsequently changed to “Holiday Hospitality Franchising, Inc.” and then converted from a corporation to a limited liability company). Holiday’s principal business address is Three Ravinia Drive, Suite 100, Atlanta, Georgia 30346. Holiday has offered franchises for the Crowne Plaza brand group of upscale hotels, resorts and suites since February 1990.
Investment
The total investment necessary to begin operation of a typical 300-room Crowne Plaza or Crowne Plaza Suites hotel, excluding land costs and other matters, ranges from $36,603,050 to $62,171,300 ($122,010 to $207,238 per guest room) or more, including between $287,500 and $368,000 or more that must be paid to the franchisor or an affiliate. The total investment necessary to begin operation of a typical 250-room Crowne Plaza Resort hotel, excluding land costs and other matters, ranges from $40,404,150 to $70,246,700 ($161,617 to $280,987 per guest room) or more, including
between $262,500 and $343,000 or more that must be paid to the franchisor or an affiliate.
