#348 OverallLodging & Hospitality
A

Avid Hotels

Avid Hotels, part of the IHG family, is a modern, midscale hotel brand launched in 2017. It focuses on delivering 'the basics done exceptionally well' with smart, efficient accommodations for value-conscious travelers, backed by IHG's powerful network.

Key Metrics

Min Investment
$10,023,775
Total Units
80
Total Operators
80
Royalty Fee
5%
Founded
2017

Financial Requirements

Liquid Capital Required

$3,000,000

Net Worth Required

$5,000,000

Franchise Fee

$50,000

Total Investment

$10,023,775 - $14,580,500

Recent News

"As of June 2025, Avid Hotels celebrated its 80th milestone opening, expanding its Midwest footprint with a new dual-branded property in Coralville, Iowa. The brand, launched in 2017, is IHG's fastest-growing new-build brand with 131 hotels in the pipeline as of March 2025, on pace to nearly double its Americas estate."

Operations & Support

Training Provided

  • Initial Training: 2 weeks
  • On-site Training Available
  • Ongoing Support

Terms & Agreement

  • Term Length: 10 Years (Renewable)
  • Territory Protection: Available
  • Absentee Ownership: Not Allowed

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Quick Facts

HeadquartersThree Ravinia Drive, Suite 100, Atlanta, GA 30346, US
Operating RegionsNorth America (US, Canada)
Social Profiles
Franchising Since2017
FinancingThird-party
Veteran DiscountNo