Holiday Inn Express

    Franchise research report · reviewed 2026 disclosure data

    Reviewed sources
    Franchising since
    1991
    Source: franchise.org
    Headquarters
    Atlanta, GA United States
    Source: franchise.org

    Holiday Inn Express is an IHG lodging brand offering hotel rooms and breakfast. Properties accommodate individual travelers, families and groups, with breakfast offerings and other amenities varying by location.

    Headline figures

    Holiday Inn Express quick facts

    How much does it cost to open a Holiday Inn Express franchise?
    The Holiday Inn Express Franchise Disclosure Document reports an estimated initial investment of $13,851,273 (2026 FDD, Item 7, PDF p. 58). This is the franchisor's disclosed estimate, not a quote. Details
    What ongoing fees does Holiday Inn Express charge?
    The disclosed ongoing royalty is 6% (2026 FDD, Item 6, PDF p. 31). The brand or advertising fund contribution is $10 (2026 FDD, Item 6, PDF p. 32). Other recurring fees are listed in Item 6. Details
    Does Holiday Inn Express disclose financial performance (Item 19)?
    Yes. The Holiday Inn Express FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 98). Figures apply only to the locations and period each one covers. Details
    Is Holiday Inn Express a good franchise to buy?
    Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1Opening costs are estimated at $13,851,273 in the 2026 FDD (Item 7); several initial fee options apply.
    2. 2Item 19 covers 3 separate groups: other measures for 1,747 Licensed or owned and/or managed by franchisor or affiliate locations; other measures for 1,747 Licensed or owned and/or managed by Holiday or affiliate locations; other measures for 2,340 Licensed or owned and/or managed by Holiday or affiliate locations. They are not combined.

    From reviewed FDD figures only. Not a recommendation or projection.

    Holiday Inn Express head-to-head

    Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.

    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Total estimated initial investment

    2026 FDD · Item 7 · PDF p. 58

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    Royalty feeMain ongoing fee

    61 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    3 separate populations, shown apart. Revenue is not owner income.

    1,747 locations

    Other measures · 1,747 locations

    Who is counted
    Holiday Inn Express Mature Hotels
    Period
    2025
    Excluded
    3 hotels excluded because 2 hotels were used for alternative use for a period in 2025
    Method
    Historical performance reported by franchisor

    These groups are never combined.

    Outlet Changes — Item 20

    How has the outlet count changed?

    Coverage not stated in the reviewed record · counts as of year end of each year.

    2026 FDD · Item 20 ·

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2026 Item 7 estimate ($13,851,273) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Which locations are included in the Item 19 figures, and which were excluded?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • How do your results compare with the Item 19 figures, and what explains the difference?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2026 FDD)

    1. [1]Estimated initial investment — Item 7 · PDF p. 58
    2. [2]Item 19 — Locations counted not stated in the reviewed record — Holiday Inn Express Mature Hotels · PDF p. 98; PDF p. 99
    3. [3]Item 19 — Locations counted not stated in the reviewed record — Holiday Inn Express Mature Hotels · PDF p. 99; PDF p. 98
    4. [4]Item 19 — Locations counted not stated in the reviewed record — Holiday Inn Express Mature Hotels · PDF p. 98

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: FDD

    Territory & operations

    248 addresses in Franopolis's imported location list. Coverage may differ from Item 20 outlet counts.

    These are contract disclosures, not confirmation that any territory is currently available.

    Franchisor financial statements

    Fiscal yearMeasureReported value
    2025six continents hotels total revenues$3,930,735
    2025six continents hotels cash from operating activities$1,327,338
    2025six continents hotels net income$934,150
    2025holiday hospitality franchising total assets$1,011,118,965
    2025holiday hospitality franchising total liabilities$122,195,307
    2025holiday hospitality franchising member equity$888,923,658
    2025holiday hospitality franchising total revenues$38,788,364
    2025holiday hospitality franchising net income$69,768,979
    2025holiday hospitality franchising operating cash flow-$102,839,326
    2025six continents hotels total liabilities$3,401,066
    2025six continents hotels parent investment$552,252
    2025six continents hotels operating income$862,294

    These figures describe the franchisor company, not individual franchise locations.

    SBA-backed loans to franchisees

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    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Reader notes on wording

    Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.

    • Item 19 · PDF p. 98 · 2026 FDD

      Our summary: Mature Hotels excluded

      “Note 3 Hotels were excluded from the Mature Hotels data set due to the 2 Hotels being used for alternative use for a certain period of time in 2025”

      Note: The source text reads “Note 3 Hotels were excluded … due to the 2 Hotels being used” and does not clearly distinguish footnote number from exclusion count. The separate exclusion count cannot be settled.

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.

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