It may be a good idea to speak with an attorney or financial advisor in order to ensure that you possess the necessary funds to own and operate a Hotel Indigo location. In that case, you can get started with an initial investment and all relevant training. If the Hotel Indigo team likes you and you pass the financial background check, you may qualify to open a Hotel Indigo franchise. Speak to existing franchisees and ask the Hotel Indigo team questions. If both sides are still interested, the representative will set up a face-to-face appointment to move forward with an official application, background checks, and other necessary paperwork.īefore making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. A representative may get back to you and take you through everything you may need to know about the franchising process. First things first, you should submit an inquiry form. Opening a Hotel Indigo franchise may be easier than you may think. ![]() Additionally, you should prepare yourself for ongoing fees that will include royalty fees and potential renewal fees. To open a Hotel Indigo franchise, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. By Jordan Hollander Last updated Octo4 min read Guest Experience InterContinental Hotels Group (IHG) owns several well-known brands, with a portfolio of distinctive offerings that stretch across categories and regions. What Might Make a Hotel Indigo Franchise a Good Choice? Every franchisee must attend a training course on how to operate their new Hotel Indigo location. Having prior hotel industry experience will help your chances of becoming a franchisee, but it's not mandatory. The franchisor takes it upon themselves to ensure you have constant support in running your business. Because each location is unique to the locale, you can likely design your hotel according to your preference. But this doesn't mean you won't be able to enjoy the creative process behind hotel design. The Hotel Indigo brand is a global boutique hotel brand that delivers a refreshing and inviting guest experience that is truly reflective of the local. Opening a Hotel Indigo franchise may give you a chance to become a hotel owner without the hustle of building a hotel from scratch. Besides the free marketing that comes with the brand name, you may receive unlimited marketing support from the franchisor, be it location referral or placing ads. Hotel Indigo is one of the few branded boutique hotels in the hospitality industry, potentially giving you a unique advantage in attracting clients. Why You May Want to Open a Hotel Indigo Franchise This means that each location is unique, but on par with their stringent standards. All their beddings, murals, menus, and décor are locally sourced to benefit the immediate community. It aims to provide its guests with an affordable and luxurious hotel stay that connects them with the local culture and community. Hotel Indigo prides itself on being one of the first branded boutique hotels. Over 60 of their franchises are located in the United States, potentially making Hotel Indigo an intriguing business venture for those looking to own a franchise in the United States and abroad alike. Since InterContinental Hotels Group purchased Hotel Indigo in 2004, they've opened over 115 units across the world. The publicly traded real estate investment trust focuses on acquiring and owning upscale lodging-industry properties.Īs of Wednesday, Summit owned 93 hotels comprising 11,933 guestrooms in 23 states.Hotel Indigo is a hotel chain owned by InterContinental Hotels Group. Summit plans to spend about $400,000 in capital improvements to the Indigo during the next year. Summit also entered into a management agreement with Virginia-based Interstate Hotels & Resorts, Summit announced on Wednesday. ![]() He noted that the diversity of Asheville's economy and the "highly-desirable" nature of the Asheville market makes the 115-room Indigo "a perfect addition to our portfolio." Reached by phone on Thursday, Dennis Goodwin, Hospitality Lodging Investors president, declined comment.ĭaniel Hansen, Summit president and CEO, said in a prepared statement on Wednesday, "Our team is extremely pleased with the acquisition of the Hotel Indigo centrally located in the vibrant Asheville market." Hospitality Lodging Investors, LP, based in York, Pennsylvania, had owned the Hotel Indigo. ASHEVILLE – Hotel Indigo Asheville Downtown has been sold for about $33 million to Summit Hotel Properties, Inc., the Austin, Texas-based company has announced.īuncombe County Register of Deeds documents show the sale price and that the transaction occurred on June 29.
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