FRANCHISE·WATCH·DESK

Loan record only — SBA data verified, FDD not yet in our corpus

SBA-eligible · directory code S0806 since 2017

Holiday Inn

Hotels & Hospitality · independent · est. —

Holiday Inn is a full-service midscale hotel brand in the IHG system, offering rooms, on-site dining, and meeting space. A franchisee owns and operates a hotel under the brand, using IHG's reservation and loyalty systems to serve business and leisure travelers.

New to franchising? Start here

A franchise is a business where you (the franchisee) pay a company (the franchisor) for the right to open and run a location using their brand and system — think a local Anytime Fitness or Taco John's owned by a small-business owner, not the corporation.

Before you can buy in, U.S. law requires the franchisor to give you a Franchise Disclosure Document (FDD) — a long legal filing covering its fees, finances, and history. The numbers on this page come straight from that document:

  • Franchise fee — the one-time cost to buy in.
  • Royalty — the ongoing cut of your sales you pay the franchisor.
  • Item 20 — how many locations opened and closed, the basis for our verdict (from Proven & strong down to Distressed — or Too new to judge).

The verdict

Not enough disclosure

Distress

0
STABLE

No verified FDD extraction to judge from. Any figures shown are labelled sample data or independent federal records.

SBA loan defaults

0.0%

16 loans resolved — directional only

Behind the verdict

the record, factor by factor · Item 20

No score available.

Systemwide units

Insufficient trend data.

What this page is — and isn'tno FDD on file

We hold no Franchise Disclosure Document for Holiday Inn, so this page carries no exit rate, fees, investment range, or Item 19 earnings claim. What it does carry is the federal loan record: every SBA 7(a) and 504 loan made to a Holiday Inn franchisee since 1991 and how each one ended. That is an independent, sourced measure of how the brand's owner-operators actually fared — and for most brands it is the only outcome data that exists publicly.

Brands enter the index this way when they don't register in the states we crawl. We add the filing when we obtain it — see methodology for how coverage is built and what each evidence level means.

The lender's view

SBA 7(a)/504 loan performance · FY1991–present

Banks have made 77 SBA-backed loans to Holiday Inn franchisees since 2000. Only 16 have resolved so far — too thin for a reliable default rate, but 0 of them charged off.

Charge-off rate

16 resolved · too thin to rate

Loss given default

avg. charged-off $ ÷ approved $

Expected loss

default rate × loss severity

Avg. loan · FY2020+

$4,090,914

what recent franchisees borrowed

Median time to default

approval → charge-off, defaulted loans

Lenders · FY21+ vs FY16–20

9 vs 11

distinct banks still lending

Charge-off rate by loan approval year (%)

SOURCE: SBA 7(a)/504 FOIA LOAN DATA (DATA.SBA.GOV), FY1991–PRESENT · MATCHED TO HOLIDAY INN BY FRANCHISE NAME · RESOLVED = CHARGED-OFF + PAID-IN-FULL

The owner's side of the deal

FDD × federal loan record

Who finances it

Millennium Bank

14.8% of this brand's loans

Who buys it

80.3%

first-time franchise owners

The rest already owned at least one other franchise. Across the corpus, brands bought mostly by repeat operators charge off at roughly 10% versus 17% for brands sold mostly to newcomers.

Does experience help here?

Not enough resolved loans to split

Computed from 77 SBA 7(a)/504 loans to Holiday Inn franchisees joined to the brand's own FDD. Debt service assumes level amortization at the average disclosed term and rate. A lender's rate excludes its loans to this brand, so it reads the lender, not the brand.

Labor record

US Dept. of Labor enforcement · franchisee-level · FY2005–present

Federal investigators have concluded 247 wage cases against operators of this system, recovering $1.4M in back wages for 3,291 workers, including 10 child-labor cases. Some of these cases are recent, not ancient history. These cases name franchisee-owned locations, not the franchisor itself.

Concluded cases

247

Back wages owed

$1.4M

Employees affected

3,291

Since 2020

19

10 of these cases involved child-labor violations, covering 30 minors across the system's franchised locations.

Read this carefully. The employers in these cases are individual Holiday Inn franchisees — separately owned businesses operating under the brand name — not Holiday Inn itself. The franchisor is not the respondent and in most cases is not a party. What the record shows is how this system's operators run their payrolls, which is worth knowing before you become one of them. Counts rise with system size and with age: a 20-year-old, 10,000-unit system will out-count a young one regardless of conduct. Source: DOL Wage and Hour Division concluded compliance actions, FY2005–present, most recent finding 2026.

Distress signals

news-sourced · bankruptcies, closures, lawsuits

No recent closures, bankruptcies, or major lawsuits found in the news for Holiday Inn. That's a good sign — but it reflects news coverage, not a guarantee.

Before you sign anythingfree · 30 min · no commission

A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing Holiday Inn's numbers, including talking you out of a bad deal.

Talk to an independent CPA before you buy →
Holiday Inn franchise: SBA loan defaults & failure rate (2026) · Franchise Watch Desk