Holiday Inn FDD Summary
Type of Business
The franchisee will establish and operate a hotel under the Holiday Inn, Holiday Inn & Suites, Holiday Inn Express, Holiday Inn Express & Suites or Holiday Inn Resort brand.
Corporate Information
Holiday Hospitality Franchising, LLC was incorporated under the name “Holiday Inns Franchising, Inc.” in Delaware on November 3, 1989. On October 20, 1997, Holiday changed its name to “Holiday Hospitality Franchising, Inc.” and on March 26, 2012 Holiday converted to a limited liability company. Holiday’s principal business address is Three Ravinia Drive, Suite 100, Atlanta, Georgia 30346.
Investment
The total investment necessary to begin operation of a typical 143-room Holiday Inn or Holiday Inn & Suites hotel, excluding land costs and other matters, ranges from $13,368,538 to $18,229,500 ($93,486 to $127,479 per guest room) or more, including between $151,690 and $210,200 or more that must be paid to the franchisor or affiliate. The total investment necessary to begin operation of a typical 93-room Holiday Inn Express or Holiday Inn Express & Suites hotel, excluding land costs and other matters, ranges from $7,530,521 to $10,553,775 ($80,973 to $113,481 per guest room) or more, including between $144,690 and $173,500 or more that must be paid to the franchisor or affiliate. The total investment necessary to begin operation of a typical 180-room Holiday Inn Resort hotel, excluding land costs and other matters, ranges from $18,241,613 to $24,873,125 ($101,342 to $138,184 per guest room) or more, including between $240,690 and $319,200 or more that must be paid to the franchisor or affiliate.