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Crowne Plaza Hotels & Resorts
Candlewood Suites is part of the InterContinental Hotels Group (ICH), the world’s largest hotel company by room count, which operates several thousand properties in nearly 100 countries. ICH’s mainstay chain, Holiday Inn, offers mid-market accommodations in the U.S., Europe, and Asia, along with limited-service locations operated under the Holiday Inn Express brand. ICH also serves the upscale market with its Crowne Plaza and InterContinental chains, while its Staybridge Suites and Candlewood Suites brands offer extended stay services mostly in the U.S. The company's newest brand, Hotel Indigo, targets mid-market travelers with upscale appointments.
Fast Facts
| Year established | 1983 |
| Franchising since | 1983 |
| Can be run from home? | No |
| Number of employees needed | 140 |
| Multiple units must be purchased in U.S. | No |
| Multiple units must be purchased outside U.S. | No |
| Absentee ownership allowed? | Yes |
Franchise Unit Growth Rate
| Year | U.S. Franchises |
Non-U.S. Franchises |
Company-Owned Locations |
| 2011 | 165 | 221 | 0 |
| 2010 | 169 | 219 | 0 |
| 2009 | 202 | 164 | 0 |
Expanding in These Locations
| Total Investment | $26,783,120 - $49,545,035 |
| Franchise Fee | $500 per guest room, but not less than $75,000 |
| Royalty Fee | 5% |
| Net Worth | |
| Liquid Capital |
| Does franchisor offer financing? | No |
| Is franchisor on the SBA's Franchise Registry? | Yes |
| Is franchisor a member of the IFA's VetFran program? | No |
| Company Type: | Public |
| Employees: | 8,334 |
| Executives: | Richard Solomons, CEO |
| Rankings: | FTSE 100, |
| Sales: | $2,683,300,000 |
| See More Financials | |
| Industries: | Mid-Priced Hotels & Motels |
| See More Industries | |
| Top Competitors: | AccorMarriottWyndham Worldwide |

