Crowne Plaza

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What to know about Crowne Plaza franchise? The franchisee will establish and operate a hotel under the Crowne Plaza, Crowne Plaza Suites or Crowne Plaza Resort brands. Crowne Plaza – Typically located in major markets and important secondary cities, Crowne Plaza hotels are full-service facilities targeted to upscale business, conference and leisure travelers, groups, meetings and events. Crowne Plaza Suites – A Crowne Plaza Suites hotel offers guests the option of a one, two or three room suite with kitchenette. A Crowne Plaza Suites hotel must have the number of suites approved by Holiday under the License. Each suite may include a living area, kitchen area, bedroom and a full bathroom. Crowne Plaza Hotel & Suites – A Crowne Plaza Hotel & Suites hotel requires that at least 25% of the hotel’s room inventory be comprised of suites. The suites offer guests the option of a two or three room suite with kitchenette. Crowne Plaza Resort – Intended for development in leisure destination locations, Crowne Plaza Resort hotels offer a wide variety of recreational facilities, amenities, and services to cater to the upscale leisure traveler and groups, meetings and events. Crowne Plaza is based in Atlanta, GA. Scroll down to learn more!How much does a Crowne Plaza franchise cost?Are you wondering how much is a Crowne Plaza franchise? Before starting a Crowne Plaza franchise, it is important to know the franchise fee, working capital and other costs required to start the business.The minimum investment amount required to open a Crowne Plaza franchise is $36,603,050 and can go all the way up to $70,246,700. Keep in mind, you should also allocate additional funds to live off of while the Crowne Plaza business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Crowne Plaza franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Crowne Plaza business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Crowne Plaza franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.