avid Hotel

avid Hotel

Information based on 2024 FDD

Lodging & Hospitality · Hotels, Resorts

Investment min
$10M
Total: $10M–$15M
Avg gross revenue
N/A
Unit-level, 2024
Franchise fee
$50K
Per current disclosure
Royalty
5%
of gross revenue
Locations
63
Franchising since 2017

Description

What is avid Hotel?

avid Hotel, part of the prestigious IHG (InterContinental Hotels Group) family, represents a fresh approach to modern hospitality in the midscale hotel segment. Launched in 2017, this innovative hotel brand has quickly established itself as a leader in providing smart, efficient accommodations for value-conscious travelers who don't want to compromise on quality.

The brand's philosophy centers on delivering 'the basics done exceptionally well,' focusing on what matters most to today's travelers. Each avid Hotel property features a contemporary design with bright, airy spaces and a welcoming atmosphere. Guest rooms are thoughtfully designed for sound sleep and productivity, featuring high-quality beds, black-out roller shades, and dedicated workspaces.

What sets avid Hotel apart is its commitment to consistency and cleanliness across all locations. Their 'Avid Clean' promise ensures rooms meet rigorous cleanliness standards, while complimentary grab-and-go breakfast options cater to busy travelers. The brand also emphasizes technology integration, offering seamless digital check-in experiences and high-speed WiFi throughout their properties.

For franchisees, avid Hotel provides a compelling opportunity in the growing select-service hotel segment. The brand's efficient design and operations model helps optimize both construction and ongoing operational costs. With the backing of IHG's powerful distribution network and loyalty program, franchisees benefit from a proven system that attracts both business and leisure travelers seeking reliable, quality accommodations at a fair price.
  • IHG One Rewards loyalty program integration with established member base
  • All-suites format targeting extended-stay and business travelers
  • Backed by IHG's proven hospitality infrastructure and reservation systems
  • Thoughtfully designed community-focused public spaces and inviting bar areas
  • Modern brand concept within established international hotel group
  • Upscale positioning in growing extended-stay market segment

Location Analysis

Where avid Hotel wins

avid Hotel demonstrates a strategic geographic presence across multiple states, showing particular strength in the Southeast and Texas markets. The franchise maintains notable concentrations in Michigan and Texas, with established presence in Virginia and Georgia, suggesting successful market penetration in both urban and suburban areas across diverse regional economies. The brand's relatively recent establishment in 2017 indicates rapid expansion and market acceptance, particularly in high-traffic corridors and business districts. While customer rating data is not available, avid Hotel's consistent expansion in key markets suggests positive performance metrics. The franchise shows particular promise in secondary markets where there's demand for modern, efficient lodging options at competitive price points. Ideal locations typically feature proximity to business centers, transportation hubs, or major highways, with strong demographic indicators such as steady business travel and tourism. Growth opportunities exist in the Northeast and Western regions, where the brand has room for expansion. Prospective franchisees should focus on locations with strong corporate presence, convention centers, or tourist attractions, maintaining minimum distance requirements from existing units. Markets with high business travel volume and growing population centers represent particularly attractive opportunities, especially in states with limited current presence.
Total US locations
63
Franchise units
63
Corporate locations
0
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind avid Hotel

Avg gross revenueN/A
Investment range$10,023,775 – $14,580,500
Investment midpoint$12,302,138
Brand fund$10/approved guest room
Royalty5%
Franchise fee$50,000
Min. net worth
Min. liquid capital
**Investment Structure & Capital Requirements**: avid Hotel requires a substantial investment of **$10.0-$14.6 million**, positioning it in the premium hotel franchise tier. This investment typically covers land acquisition, construction, furniture/fixtures/equipment, and pre-opening expenses. The capital-intensive nature demands significant liquid assets and net worth, requiring sophisticated financing strategies including SBA loans, conventional bank financing, and substantial equity investment.

**Market Context & Investment Positioning**: The investment significantly exceeds the Hotels, Resorts sub-sector averages of **$8.4 million minimum and $9.3 million maximum**, reflecting avid's upscale positioning within IHG's portfolio. The lodging industry benefits from recovering travel demand and corporate business travel normalization, though economic sensitivity remains a consideration. The all-suites format targets extended-stay and business travelers seeking premium amenities.

**Franchise System Maturity & Scale**: Established in **2017 with only 63 units**, avid represents a newer, smaller concept within IHG's established infrastructure. The limited unit count presents both opportunity and risk - early market entry potential but less proven operational track record compared to mature franchise systems. Revenue data is not available, limiting comprehensive ROI analysis.

**Investment Considerations & Risk Factors**: The high investment threshold limits market entry to well-capitalized investors. The franchise's small size and recent establishment require careful market analysis. Operational complexity requires hospitality experience or professional management. Territory rights and market protection vary by location.

**Ideal Investor Profile**: Suitable for investors with **$3-5 million liquid capital** and hospitality industry experience, comfortable with newer franchise concepts and willing to accept limited performance benchmarking data.
Did you know? Did you know that launching an avid Hotel franchise - IHG's modern, tech-forward midscale brand designed for today's efficiency-minded travelers - requires a total investment between $10,023,775 and $14,580,500, which covers everything from the $50,000 franchise fee to construction, furnishing, and pre-opening expenses needed to open your doors in this rapidly growing hotel segment?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$10M–$15M
Most common
$10,023,775
Minimum
$12,302,138
Midpoint
$14,580,500
Maximum

Per FDD Item 7, total initial investment ranges from $10,023,775 to $14,580,500. The midpoint $12,302,138 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

Growth over time

Franchise footprint

+15% YoY
80644832160
2017
2018
2019
2020
2021
2022
2023
2024
63 units open as of 2024 FDD+8 in last 12 mo

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for avid Hotel's 2024 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2024 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a avid Hotel franchise typically ranges between $10,023,775.00 and $14,580,500.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

avid Hotel
avid Hotel
N/A avg revenue · 63+ US franchises

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