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21. Holiday Inn Express

Last Year's Rank: 20

Investment Range: Over $1 Million

Category: Hotel Travel

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Company Description

Launched in 1991, Holiday Inn Express offers limited service and low-price lodging. As of March 2016, there were 2,438 Holiday Inn Express hotels worldwide, and the company states that they have over 550 hotels in pipeline.

The company has seen steady growth throughout the past few years, and has added more than 350 new units since 2010. Because of this growth, the majority of its hotels are brand new or newly renovated.

After launching the first Holiday Inn Express in Malaysia in June 2016, Holiday Inn Express now has units in over 42 countries worldwide.

Company Statistics

Global Sales: $6,400,000,000*

US Units: 2,154

International Units: 343

Total Units: 2,497

Percent Franchised: 96%

% International Units: 14%

US Franchised Units: 2,153

International Franchised Units: 243

Sales Growth %: 2.4%

Unit Growth %: 3.0%

*Franchise Times Estimate

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