avid hotels FDD – Franchise Information, Costs and Fees
Type of Business
The franchisee will establish and operate a hotel under the avid™ hotels brand.
Corporate Information
Holiday Hospitality Franchising, LLC is a Delaware limited liability company which was formed on November 3, 1989 (originally under the name “Holiday Inns Franchising, Inc.”, which was subsequently changed to “Holiday Hospitality Franchising, Inc.” and then converted from a corporation to a limited liability company). Holiday’s principal business address is Three Ravinia Drive, Suite 100, Atlanta, Georgia 30346. Holiday has offered franchises for avid® hotels since September, 2017
Investment
The total investment necessary to begin operation of a typical 90-room avid® hotel, excluding land costs and other matters, ranges from $9,622,575 to $14,519,900 ($106,918 to $161,332 per guest room) or more, including between $113,500 and $149,000 or more that must be paid to Holiday or an affiliate.