FranchiseVerdict
Crowne Plaza logo
FV-00671·CAUTIONStandard71

Crowne Plaza

Lodging - Hotels & MotelsFranchising since 1990Website
Investment
$16.7M
79th pct Hotels & Mote…
Avg revenue
7th pct Hotels & Mote…
Royalty
5.0%
7th pct Hotels & Mote…
Units
85
66th pct Hotels & Mote…
SBA default

Bottom line

  • Total investment $16.7M including a $75K franchise fee, 5.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated CAUTION with a risk score of 75/100.
  • 62 litigation matters disclosed in Item 3 — higher than typical. Review the summary for patterns (franchisor-initiated vs. franchisee-initiated).

Item 1 · who you're contracting with

The Franchisor

Legal entity
HOLIDAY HOSPITALITY FRANCHISING, LLC
Parent company
Six Continents Hotels, Inc. (direct parent), InterContinental Hotels Group PLC (ultimate parent)
Incorporated in
Delaware
HQ
Three Ravinia Drive, Suite 100, Atlanta, Georgia 30346
Auditor
PricewaterhouseCoopers LLP
Audited financials
Franchisor revenue
$20.5M
vs $26.1M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Crowne Plaza unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: hospitality
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
Working capital
$
FDD reports $300K–$625K

Unlevered ROIC · per unit

1%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$90K
EBITDA margin
12.0%
Total invested
$17.2M
Payback
2292 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

Franchisees operate upscale hotel properties under the Crowne Plaza brand, managing daily guest services, housekeeping, food & beverage, and front-office operations. Revenue derives primarily from room bookings; franchisees pay 5% of gross room revenue as royalty plus marketing and other fees. Franchisees assume full operational, staffing, and capital maintenance responsibility while the franchisor provides brand licensing, reservation systems, and marketing support.

CEO
Elie W. Maalouf
Founded
1989
FDD year
2024
States available
30

Item 7 · what it costs

The Vitals

Total investment
$16.7M
All-in to open one unit
Liquid capital
$300K – $625K
Cash you must have on hand
Franchise fee
$75K
Royalty
5.0%
Gross Rooms Revenue · typical 6–8%
Ad fund
3.0%
typical 3–5%
Total fee load
25.1%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
85
Opened
1
Last reporting year
Closed
3
Turnover rate
3.5%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
-2.3%
Net unit change last year
3-yr CAGR
-3.4%
Compounded over last 3 years
2022
85-2
Franchised units
2023
87
Franchised units
2024
88
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 30 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 30 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

No SBA loan data available for this brand.

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

75
Risk · 0-100
CAUTION75 / 100

Crowne Plaza exhibits HIGH RISK profile: massive capital requirement with undisclosed returns, shrinking franchise base, pervasive litigation including fraud and statutory violations, absent going concern status, and zero territory protection—presenting compounded legal, financial, and operational risks unsuitable for most investors.

Score breakdown · what drove the 75 / 100 rating

  1. 01MEDMassive capital requirement ($16.7M+) with zero disclosed average net income creates severe ROI opacity and repayment risk
  2. 02MEDNegative unit growth (-2.3% YoY decline with 85 units) signals system contraction and reduced peer support network
  3. 03HIGHExtensive litigation across multiple jurisdictions including fraud allegations, statutory violations, data breaches, and kickback schemes demonstrates governance failures and legal exposure
  4. 04HIGHNo going concern status (False) suggests financial instability at corporate level, threatening franchisee support and brand viability
  5. 05MINORUnprotected territory invites cannibalization and direct franchisor competition in revenue streams
  6. 06MINORItem 19 financial performance absent—no disclosure of actual unit economics, profitability, or break-even timelines
  7. 07MINOR5% royalty on gross rooms revenue (not net) creates fixed cost burden regardless of profitability, amplifying downside risk

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Protected territory
No
Initial term
20 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
62
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Owner-operator
Required
Governing law
Georgia

Item 11

Training & Operations

Classroom training
773 hrs
On-the-job training
432 hrs
POS system
Oracle America, Inc. Opera solution
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

83 numbers

Locked
(314) 683-••••
MO
(216) 640-••••
OH
(650) 223-••••
CA

One-time purchase · CSV download · Validation questions included

FDD download

Crowne Plaza · FDD (2024) PDF

Single-page checkout · instant download · CSV export of contacts available separately above