
ICP
Hotel management and franchising, seeding investment funds, and ship chartering services.
Date | Investors | Amount | Round |
---|---|---|---|
$2.9m | Growth Equity VC | ||
Total Funding | 000k |
ICP is a multifaceted company specializing in the management and franchising of hotels, as well as the seeding and management of hotel investment funds. The company operates under the well-known Travelodge brand, which boasts nearly 1,000 hotels worldwide, including key markets in the US, Europe, Australasia, and Asia. ICP also engages in the chartering of ships, adding a diverse revenue stream to its portfolio. The company's business model includes various operating agreement strategies such as Master Franchise and Country Master Franchise arrangements, where local hotel management companies or investors are awarded the rights to operate and manage hotels under the Travelodge brand. Additionally, ICP offers a franchise model where Travelodge Asia provides initial support on brand standards while the owner manages operations. This diversified approach allows ICP to serve a broad range of clients, from hotel investors to travelers seeking midscale accommodations. The company generates revenue through hotel management fees, franchise fees, and returns on hotel investment funds, as well as income from ship chartering services.
Keywords: hotel management, franchising, investment funds, Travelodge, midscale hotels, ship chartering, Master Franchise, Country Master Franchise, brand standards, diversified revenue.