FranchiseVerdict
Ruby Hotels logo
FV-02194·AVOIDStandard67

Ruby Hotels

Formerly known as Licensor

Lodging - Hotels & MotelsFranchising since 2025Website
Investment
$8.0M – $38.5M
60th pct Hotels & Mote…
Avg revenue
7th pct Hotels & Mote…
Royalty
5.0%
7th pct Hotels & Mote…
Units
0
0th pct Hotels & Mote…
SBA default

Bottom line

  • Total investment $8.0M – $38.5M 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 AVOID with a risk score of 85/100.
  • 46 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
InterContinental Hotels Group PLC
Incorporated in
Delaware
HQ
Three Ravinia Drive, Suite 100, Atlanta, Georgia 30346
Auditor
PricewaterhouseCoopers LLP
Audited financials
Franchisor revenue
$39.4M
vs $38.8M 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 Ruby Hotels 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
$
FDD Item 7: $8.0M–$38.5M
Working capital
$
FDD reports $250K–$1.1M

Unlevered ROIC · per unit

0%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$86K
EBITDA margin
11.5%
Total invested
$23.9M
Payback
3324 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

Ruby Hotels franchisees operate upscale boutique hotel properties under the Ruby Hotels brand within IHG's portfolio. Day-to-day operations involve guest services, housekeeping, food & beverage management, revenue optimization, and adherence to brand standards while remitting 5% of gross rooms revenue to the franchisor.

CEO
Elie W. Maalouf
Founded
1989
FDD year
2026
States available
0

Item 7 · what it costs

The Vitals

Total investment
$8.0M – $38.5M
All-in to open one unit
Liquid capital
$250K – $1.1M
Cash you must have on hand
Franchise fee
$75K
Royalty
5.0%
Gross Rooms Revenue · typical 6–8%
Ad fund
3.5%
typical 3–5%
Total fee load
26.3%
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
0
Opened
0
Last reporting year
Closed
0
Company-owned
0
Corporate units in the system
2024
0±0
Franchised units
2025
0
Franchised units
2026
0
Franchised units

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

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

85
Risk · 0-100
AVOID85 / 100

Ruby Hotels presents extreme risk due to going concern status, zero operating units, extensive franchisor litigation, missing financial disclosures, and massive capital requirements without documented returns.

Score breakdown · what drove the 85 / 100 rating

  1. 01HIGHGoing Concern warning indicates potential financial viability crisis at franchisor level
  2. 02MEDZero disclosed operating units with unknown growth trajectory suggests system collapse or pre-launch stage
  3. 03HIGHExtensive litigation pattern across IHG brands including breach of contract, trademark disputes, and fee collection actions signals systemic franchisor-franchisee relationship problems
  4. 04MEDNo average revenue or net income disclosure (missing Item 19) prevents ROI validation on $8-38M investment range
  5. 05MINORUnprotected territory creates direct competition risk with other franchisees in same market
  6. 06MEDHigh initial investment ($8M-$38M) combined with 5% royalty on undisclosed revenue creates severe cash flow uncertainty
  7. 07HIGHClass action litigation on data security and procurement suggests operational mismanagement and potential liability exposure for franchisees

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
46
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
604 hrs
On-the-job training
432 hrs
POS system
Premium OPERA Cloud PMS or HotelKey Cloud PMS
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

1 numbers

Locked
(123) 456-••••

One-time purchase · CSV download · Validation questions included

FDD download

Ruby Hotels · FDD (2026) PDF

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