Building Summary PROTOTYPE SITE PLAN DETAILS PUBLIC SPACE Acreage 1.79 acres 6,779 sf Gross Building Area 54,233 sf Open check-in Number of Floors 4 Market adjacent to check-in Total Room Count 93 Business center integrated with lobby Gross Building Area per Key 584 sf Enclosed breakfast bar SIMPLE, Parking Spaces 108 Fitness center Flex meeting room GUEST ROOM Perching area and great room seating King 325 sf | 26’-0” x 12’-6” SMART Indoor or outdoor pool Queen/Queen 325 sf | 30’-6” x 12’-6” Outdoor patio King Suite 381 sf | 30’-6” x 12’-6” TRAVEL. Queen/Queen Suite 381 sf | 26’-0” x 12’-6” GUEST BATHROOM Blackout shades Power shower featuring brand hallmark shower head Integrated charging in nightstand Shower stalls and tubs Iron/ironing board Backlit mirror Bulk bathroom amenities BACK OF HOUSE 9,239 sf
CONTACT US DEVELOPMENT.IHG.COM Franchise Hotel Competitive Fee Performance* Structure* Average Daily Room Rate: $116.60 Application Fee: Average Occupancy: 69.6% The greater of $50,000 Average Revpar: $81.14 or $500 per guest room IHG® Rewards Club generated a Royalty Fee: median of 55.6% of bookings at 6.0% of Gross Rooms Revenue Holiday Inn Express® hotels in 2018. Services Contribution: IHG’s booking channels represent 3.0% of Gross Rooms Revenue an average of 67.2% of Holiday Inn Express reservations.
Cost to Build* 93-Room Holiday Inn Express Average Cost Per Key: $84,748 - $119,157 (excludes land, contingency, utility tap, and permit fees)
*2019 Holiday Inn Express Franchise Disclosure Document
What We Stand For Why The Brand Distribution At Holiday Inn Express®, we believe being there maמּ ers. 1 Formula Blue™ design | value engineered That’s why we’re the launchpad to your next connection. EUROPE, MIDDLE EAST, design that gives Holiday Inn Express hotels ASIA & AFRICA As IHG’s® largest and fastest-growing hotel brand with a fresh, contemporary look with spaces 320 104 2,700+ convenient locations around the world, we’re that enable guests to be productive, OPEN PIPELINE everywhere guests need to be and commiמּ ed to delivering connect with friends, family, and colleagues, more where it maמּ ers most through our frictionless and wake up feeling refreshed. experience, purposeful design, and brilliant basics. 2 Breakfast included | our free, hot, and fresh Express Start® breakfast gives excellent Where We Play guest value. Upper Midscale, Limited Service 3 Effi cient operating model | public spaces designed to encourage guest interaction. Target Guest AMERICAS 4 Revenue delivery | we welcome 17 million 2,339 472 Our guests are self-suffi cient, smart travelers. Individuals OPEN PIPELINE and families stay with us while traveling globally and locally guests every year. for business and leisure. They seek high-quality, affordable, and reliable choices, and value real, human connection. GREATER CHINA 167 195 OPEN PIPELINE As of September 30, 2019 Franchise Hotel Competitive Fee Performance* Structure* Average Daily Room Rate: $116.60 Application Fee: Average Occupancy: 69.6% The greater of $50,000 Average Revpar: $81.14 or $500 per guest room IHG® Rewards Club generated a Royalty Fee: median of 55.6% of bookings at 6.0% of Gross Rooms Revenue Holiday Inn Express® hotels in 2018. Services Contribution: IHG’s booking channels represent 3.0% of Gross Rooms Revenue an average of 67.2% of Holiday Inn Express reservations.
Cost to Build* 93-Room Holiday Inn Express Average Cost Per Key: $84,748 - $119,157 (excludes land, contingency, utility tap, and permit fees)
*2019 Holiday Inn Express Franchise Disclosure Document
What We Stand For Why The Brand Distribution At Holiday Inn Express®, we believe being there maמּ ers. 1 Formula Blue™ design | value engineered That’s why we’re the launchpad to your next connection. EUROPE, MIDDLE EAST, design that gives Holiday Inn Express hotels ASIA & AFRICA As IHG’s® largest and fastest-growing hotel brand with a fresh, contemporary look with spaces 320 104 2,700+ convenient locations around the world, we’re that enable guests to be productive, OPEN PIPELINE everywhere guests need to be and commiמּ ed to delivering connect with friends, family, and colleagues, more where it maמּ ers most through our frictionless and wake up feeling refreshed. experience, purposeful design, and brilliant basics. 2 Breakfast included | our free, hot, and fresh Express Start® breakfast gives excellent Where We Play guest value. Upper Midscale, Limited Service 3 Effi cient operating model | public spaces designed to encourage guest interaction. Target Guest AMERICAS 4 Revenue delivery | we welcome 17 million 2,339 472 Our guests are self-suffi cient, smart travelers. Individuals OPEN PIPELINE and families stay with us while traveling globally and locally guests every year. for business and leisure. They seek high-quality, affordable, and reliable choices, and value real, human connection. GREATER CHINA 167 195 OPEN PIPELINE As of September 30, 2019 Building Summary PROTOTYPE SITE PLAN DETAILS PUBLIC SPACE Acreage 1.79 acres 6,779 sf Gross Building Area 54,233 sf Open check-in Number of Floors 4 Market adjacent to check-in Total Room Count 93 Business center integrated with lobby Gross Building Area per Key 584 sf Enclosed breakfast bar SIMPLE, Parking Spaces 108 Fitness center Flex meeting room GUEST ROOM Perching area and great room seating King 325 sf | 26’-0” x 12’-6” SMART Indoor or outdoor pool Queen/Queen 325 sf | 30’-6” x 12’-6” Outdoor patio King Suite 381 sf | 30’-6” x 12’-6” TRAVEL. Queen/Queen Suite 381 sf | 26’-0” x 12’-6” GUEST BATHROOM Blackout shades Power shower featuring brand hallmark shower head Integrated charging in nightstand Shower stalls and tubs Iron/ironing board Backlit mirror Bulk bathroom amenities BACK OF HOUSE 9,239 sf
CONTACT US DEVELOPMENT.IHG.COM