Overall costs for InterContinental Hotels & Resorts run anywhere from $75,681,870 to $108,974,910. See how the costs break down and what funding options might be right for your new venture into the franchise foray.
Estimated initial costs
Our cost estimates are accurate as of 2021 from Franchise Direct and include opening fees and expenses only. The location you choose for your InterContinental Hotels & Resorts franchise may result in higher or lower fees.
Equipment fees
Equipment fees total $14,659,105 for InterContinental Hotels & Resorts. This costs more than the $180,023 average for the top 200 franchises.
| Furniture, fixtures and equipment |
$10,533,230 to $17,555,380 |
| Primary identification sign, including installation, freight, foundation and wiring |
$210,000 to $420,000 |
| Equipment, software and training for both |
$124,000 to $187,000 |
| Hardware for guest internet access |
$22,500 to $49,000 |
| Key-card system |
$10,000 to $25,000 |
| Digital and wayfinding signage |
$20,000 to $90,000 |
| In-room entertainment |
$27,000 to $29,000 |
| Employee safety devices |
Initial fee of $125-$150 per room in the first year of installation plus $20.00 to $25.00 per room, per year for software and maintenance support |
| Public access computers |
$7,800 to $8,300 |
| Estimated total |
$10,954,530 to $18,363,680 |
Real estate fees
Real estate will set you back $73,603,695 for InterContinental Hotels & Resorts, which is more expensive than the average of $788,376 for the top 200 franchises.
| Property improvement plan fee |
$0 to $8,500 |
| Land |
Varies to |
| Building construction, including engineering and architectural plans |
$62,530,660 to $84,600,230 |
| Openings and renovations services and training |
$8,000 plus trainer expenses to |
| Security deposits |
$10,000 to $50,000 |
| Estimated total |
$62,548,660 to $84,658,730 |
Training fees
InterContinental Hotels & Resorts initial training costs total $20,590 — more than the nationwide average of $9,788.
| New hotel opening training materials |
$0 to $5,000 |
| Initial certification training program, plus trainer expenses |
$6,180 to $15,000 |
| Pre-opening training, plus trainer expenses |
$7,500 to $7,500 |
| Estimated total |
$13,680 to $27,500 |
Inventory costs
Initial inventory for InterContinental Hotels & Resorts shakes out to $1,575,000. This is more expensive than the nationwide average of $53,119.
| Opening inventory |
$1,050,000 to $2,100,000 |
| Estimated total |
$1,050,000 to $2,100,000 |
Marketing costs
Advertisement and marketing costs total up to $32,500 for InterContinental Hotels & Resorts, which is more than the nationwide average of $9,938.
| Market feasibility study |
$15,000 to $50,000 |
| Estimated total |
$15,000 to $50,000 |
Insurance costs
Initial insurance costs for InterContinental Hotels & Resorts run $412,500. This means you'll be paying more than the overall nationwide average of $6,311.
| Insurance |
$200,000 to $625,000 |
| Estimated total |
$200,000 to $625,000 |
Administrative fees
InterContinental Hotels & Resorts administrative fees total up to $150,000 — which comes in over the overall nationwide average of $6,761.
| Application fee |
$150,000 to $150,000 |
| Financing and closing |
Varies to |
| Estimated total |
$150,000 to $150,000 |
Other expenses
Miscellaneous expenses for InterContinental Hotels & Resorts total $1,875,000 — more than the nationwide average of $69,970.
| Professional fees |
$750,000 to $3,000,000 |
| Estimated total |
$750,000 to $3,000,000 |
All costs were found using the 200 largest franchises nationwide using Franchise Direct's list of more than 300 franchises, and are accurate as of 2021.
How to finance
Since the estimated total for InterContinental Hotels & Resorts is on the more costly side, we recommend following these steps to get fully financed:
- Go to the InterContinental Hotels & Resorts franchising website and review its financial requirements, including cash-on-hand requirements.
- Reach out to InterContinental Hotels & Resorts about in-house financing for franchisees.
- If in-house financing isn't available, look for online loans, bank loans and SBA loans to help meet the $92,328,390 estimated opening costs.
- Compare lenders based on amounts, interest rates and what types of personal and business credit history they accept.
- Once you settle on a lender, gather all required documents, including account statements and assets.
- Apply for financing online or in person as required by the lender.
What types of financing is available?
You have several options when it comes to financing a InterContinental Hotels & Resorts — even if the cost is on the heavier side. What assets you have available will largely determine how much you need to borrow, and which option suits you best.
- Online loan. A number of online business lenders offer amounts up to $1 million, with some extending up to $5 million.
- Bank loan. Your personal credit will typically need to at least be good — 670 or higher — when it comes to getting a bank loan large enough to cover a significant portion of InterContinental Hotels & Resorts opening costs.
- SBA loan. While your personal credit score doesn't need to be as good to qualify for an SBA loan, they usually cost more than standard term loans from banks or online lenders.
Also check if InterContinental Hotels & Resorts franchise financing is available. You may be able to get some of the costs covered for less than you would with other traditional funding options.
Compare small business lenders
You may not need financing to cover the estimated $75,681,870. But if you need funds for other business ventures, select the loan amount, your time in business and revenue and your personal credit score to compare a selection of lenders.
How InterContinental Hotels & Resorts stacks up
Compare how InterContinental Hotels & Resorts holds up against two similarly sized franchises.
| Average Franchise fees |
$39,500 |
NA |
NA |
| Average Equipment fees |
$13,125 |
$14,659,105 |
NA |
| Average Real estate fees |
$3,000 |
$73,603,695 |
NA |
| Average Training fees |
$2,250 |
$20,590 |
NA |
| Average Inventory fees |
$3,000 |
$1,575,000 |
NA |
| Average Marketing fees |
NA |
$32,500 |
NA |
| Average Licenses and permits fees |
NA |
NA |
NA |
| Average Insurance fees |
$3,700 |
$412,500 |
NA |
| Average Admin fees |
$25,150 |
$150,000 |
NA |
| Average Personnel fees |
NA |
NA |
NA |
| Average Other fees |
$12,000 |
$1,875,000 |
NA |
Bottom line
InterContinental Hotels & Resorts franchise costs run a total of $92,328,390. Before you decide to become a franchisee, compare the total costs against industry averages. And to learn more about financing
read our guide to franchise financing.
