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InterContinental Hotels & Resorts franchise

2024 filing · March 28, 2024Fewer locationsShares sales figures

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InterContinental Hotels & Resorts at a glance

An IHG luxury full-service hotel brand for business, conference and leisure travelers. At the end of 2023 there were 21 InterContinental Hotels & Resorts locations in the US, 20 franchised and 1 company-owned.

The business

Industry
Hotel
Franchisor
Holiday Hospitality Franchising, LLC
The company that sells the franchises
Who runs it
Semi-absentee
Owner doesn't have to take part; a trained manager runs it

What you pay

Cost to open
$102.8M–$147.8M
Typical 300-room hotel, excluding land
Franchise fee
$150,000
$500 per guest room, at least $100,000; $150,000 for a 300-room hotel.
Royalty
6% of rooms + 2% of food and drink
6% of gross rooms revenue plus 2% of food and beverage sales, paid monthly
Agreement length
20 years
Territory
None
No exclusive territory
Franchisor financing
Some financing offered
SBA Franchise Directory
Not listed
Lenders check this list before an SBA loan

Where it is

US locations, 2023
21
Franchised and company-owned
Franchised
20
Company-owned
1
Change in 3 years
−1
Franchised locations, 2021–2023
States
11
Most in California, District of Columbia and Florida

Support and records

Shares sales figures
Yes
For some or all locations
SBA loans approved
6
2014–2017
Lawsuits disclosed
Yes
Bankruptcy disclosed
None
Latest filing
Mar 28, 2024
2024 filing

From Holiday Hospitality Franchising, LLC’s 2024 filing; SBA status from the SBA Franchise Directory, October 28, 2026.

Where it ranks

InterContinental Hotels & Resorts among all franchises with the same figure.

FigureInterContinental Hotels & ResortsAmong all franchises
Cost to open, midpointHalfway between the low and high estimate$125,312,150Costs more than 100% of franchises
Franchise feePaid once, when you sign$150,000Higher than 100% of franchises
US locationsFranchised and company-owned21More than 50% of franchises

How much a InterContinental Hotels & Resorts franchise costs

Opening typical 300-room hotel, excluding land costs an estimated $102,813,800 to $147,810,500. That covers the franchise fee and everything else needed to open, through the first months of working capital.

Source: Holiday Hospitality Franchising, LLC, 2024 filing, page 67

InterContinental Hotels & Resorts franchise fee

The franchise fee is $150,000, $500 per guest room, at least $100,000; $150,000 for a 300-room hotel.. You pay it when you sign the franchise agreement.

Source: Holiday Hospitality Franchising, LLC, 2024 filing, page 65

Royalty and ongoing fees

Royalty6% of gross rooms revenue plus 2% of food and beverage sales, paid monthly.
IHG Ignite Digital Marketing Fees2.25% commission on all consumed direct digital revenue booked.

The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.

Source: Holiday Hospitality Franchising, LLC, 2024 filing, page 41

Other fees as filed, from page 42. The filing lists every fee, including late fees and audit costs.

Sales and earnings

Shares figures InterContinental Hotels & Resorts publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.

Source: Holiday Hospitality Franchising, LLC, 2024 filing, page 106

SBA loans to InterContinental Hotels & Resorts franchisees

Lenders approved 6 SBA 7(a) loans for InterContinental Hotels & Resorts franchisees from 2014 to 2017, $18.3M in all. All 6 that have ended were paid in full; none was charged off.

A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.

Source: SBA 7(a) and 504 loan data, as of September 30, 2026

Growth and closures

Share of franchised locations, 2023 / 2021–2023. Typical means the median: half of brands are above it, half below.

MeasureInterContinental Hotels & ResortsTypical hotel brandTypical franchise
GrowthNet change in franchised locations0% / −4.8%+2.1% / +9.7%+1.2% / +10%
ClosuresTerminated, not renewed or stopped operating0% / 4.8%3.1% / 14%3.9% / 16%
Bought backLocations the franchisor took back0% / 0%0% / 0%0% / 0%

Typical hotel brand is the median of the 47 brands in hotel franchises with three years of counts.

How InterContinental Hotels & Resorts compares

Of the 116 hotel franchises on this site, InterContinental Hotels & Resorts is the 115th cheapest to open and the 64th largest by number of locations.

FigureInterContinental Hotels & ResortsTypical hotel brandTypical franchise
Cost to open, low end$102.8M$9.44M$222K
Cost to open, high end$147.8M$21.3M$477K
Franchise fee$150K$54K$40K
US locations213721
Shares earnings figuresYes71 of 1162,147 of 3,352

Typical is the median across the 116 brands in hotel franchises; typical franchise, across every brand here.

Locations opened and closed

0 opened
1 closed or left
Franchised locations, last 3 years
2021
0 opened1 closed or left
20 (−1)
2022
0 opened0 closed or left
20 (0)
2023
0 opened0 closed or left
20 (0)
YearFranchisedCompany-ownedOpenedClosed
202120 (−1)10−1
202220 (0)100
202320 (0)100

Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.

See which brands grew most in the fastest-growing franchises rankings.

More in the guides: hotel franchise costs and franchise failure rates.

Source: Holiday Hospitality Franchising, LLC, 2024 filing, page 110

Source filing (2024, PDF)

Where InterContinental Hotels & Resorts locations are

At the end of 2023, InterContinental Hotels & Resorts had locations in 12 states and territories. The most are in California, District of Columbia and Florida.

  • California5
  • District of Columbia2
  • Florida2
  • Minnesota2
  • New York2
  • Georgia1
All 12 states
Ohio1
Texas1

Source: Holiday Hospitality Franchising, LLC, 2024 filing, page 111

Who owns InterContinental Hotels & Resorts?

InterContinental Hotels & Resorts franchises are sold by Holiday Hospitality Franchising, LLC.

From Holiday Hospitality Franchising, LLC’s 2024 filing.

InterContinental Hotels & Resorts filings

The figures on this page come from Holiday Hospitality Franchising, LLC’s 2024 filing, issued March 28, 2024, on record with the Minnesota Department of Commerce.

InterContinental Hotels & Resorts filings, newest first
FilingIssuedRegistryOn this page
2024 filingMarch 28, 2024MinnesotaCosts, fees and locations, 2021–2023

Each link opens the filing as a PDF. See the newest filings across all brands.

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