FranchiseVerdict
InterContinental Hotels & Resorts logo
FV-01301·AVOIDStandard67

InterContinental Hotels & Resorts

Lodging - Hotels & MotelsFranchising since 2003Website
Investment
93rd pct Hotels & Mote…
Avg revenue
7th pct Hotels & Mote…
Royalty
6.0%
74th pct Hotels & Mote…
Units
21
44th pct Hotels & Mote…
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment — including a $100K franchise fee, 6.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated AVOID with a risk score of 85/100. SBA loan default rate of 0.0% across 6 loans (below the industry average).
  • 69 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.
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 InterContinental Hotels & Resorts 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 $1.0M–$2.6M

Unlevered ROIC · per unit

4%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$83K
EBITDA margin
11.0%
Total invested
$2.1M
Payback
300 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 full-service luxury hotel properties under the InterContinental Hotels & Resorts brand, managing guest accommodations, food and beverage operations, conference facilities, and ancillary services. Daily operations include housekeeping, front desk, concierge, restaurant management, and compliance with corporate brand standards while remitting 6% of room revenue and 2% of F&B revenue as ongoing royalties.

CEO
Elie W. Maalouf
Founded
1989
FDD year
2024
States available
12

Item 7 · what it costs

The Vitals

Total investment
All-in to open one unit
Liquid capital
$1.0M – $2.6M
Cash you must have on hand
Franchise fee
$100K
Royalty
6.0%
Gross Rooms Revenue and Food & Beverage Sales · typical 6–8%
Ad fund
3.0%
typical 3–5%
Total fee load
26.1%
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
21
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
1
Corporate units in the system
% franchised
95%
vs corporate-owned
Net growth (yr3)
+0.0%
Net unit change last year
3-yr CAGR
+0.0%
Compounded over last 3 years
2022
20±0
Franchised units
2023
20
Franchised units
2024
20
Franchised units

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

Item 20 · 14 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 · 14 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.

Total loans
6
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

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

Risk & Legal

85
Risk · 0-100
AVOID85 / 100

This is a HIGH RISK franchise opportunity featuring a severely contracted hotel system (21 units) plagued by litigation, going concern warnings, and complete financial opacity, making it unsuitable for most investors.

Score breakdown · what drove the 85 / 100 rating

  1. 01HIGHGoing concern status is FALSE — indicates potential solvency or operational viability issues at corporate level
  2. 02HIGHExtensive litigation history including breach of contract, unpaid franchise fees, and class actions suggests systemic franchisor-franchisee relationship problems
  3. 03MINOROnly 21 units with unknown growth trajectory suggests system contraction or stagnation in a major hotel brand
  4. 04MINORNo financial disclosure (avg revenue, net income, Item 19) prevents validation of ROI claims and franchisee profitability
  5. 05MINORUnprotected territory combined with high royalty burden (6% rooms + 2% F&B) creates direct competition risk within same system
  6. 06MINOR20-year term lock-in with no territorial protection creates long-term exposure to system cannibalization
  7. 07HIGHTrademark disputes mentioned in litigation history raises questions about brand integrity and legal standing

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
69
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Owner-operator
Optional
Governing law
Georgia

Item 11

Training & Operations

Classroom training
93 hrs
On-the-job training
432 hrs
POS system
Oracle Opera
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

23 numbers

Locked
(317) 232-••••
IN
(401) 884-••••
RI
(612) 600-••••
MN

One-time purchase · CSV download · Validation questions included

FDD download

InterContinental Hotels & Resorts · FDD (2024) PDF

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