HQ-led decisions

Noted Collection

Lodging

Software purchasing at Noted Collection flows through the franchisor's corporate mandates, with key decision-makers including CEO Elie W. Maalouf and Americas Chief Executive Jolyon Bulley. The system mandates a full IHG tech stack—Concerto, Merlin, NextGen Payments, PMS, and RMS—leaving limited room for unsanctioned tools. The current US footprint is small, with only 1 mapped unit in Georgia, making this a highly targeted, early-stage vendor opportunity.

Live signals

Total units
0
0 franchised
Unit growth YoY
vs prior filing
AUV
Item 19, 2026
Royalty
2%
of gross sales
Ad fund
3.5%
national + local
Initial fee
per unit
Investment range
$711K–$80.53M
all-in, Item 7
Procurement
Standards based
from the filing
Item 19
No claims
from the filing

Ongoing fee load

What the operator pays every month

The recurring percentage of gross sales named in this filing, before rent, labour or any technology fee.

5.5%of gross sales (FY2026)

Ongoing fees: 5.5% of gross sales (FY2026)Royalty 2%, Ad fund 3.5%. Total 5.5% of gross sales. Drawn against a 15% reference scale.

15% reference

Royalty 2%Ad fund 3.5%

Mandated & recommended tech

The systems vendors compete with

6 of these are mandated in the franchise agreement. Each is named in Item 11 of the filing, the incumbents a challenger must displace or integrate with.

Amadeus
Mandatory
BookingItem 6

from time to time. As a participant in ICS, you are automatically enrolled in the GDS, which provides reservation linkage with the three current major GDS – Travelport, Sabre, and Amadeus. You must pa

Fiserv
Mandatory
PaymentsItem 6

he NGP monthly fee, multiplied by (y) the remaining monthly payments in the term. Each licensee will be required to enter into a merchant processing application and agreement with Fiserv, the SCH-appr

FreedomPay
Mandatory
PaymentsItem 1

certain credit card information. Using PCI-certified payment terminals, credit card data will be encrypted and converted to tokens before entering the PMS. SCH has contracted with FreedomPay to provid

HotelKey
Mandatory
Industry softwareItem 6

. Holiday estimates that the total cost for the OPERA Cloud PMS will range from $31,000 to $78,000 based on room count, and Hotels with more than 150 rooms may incur higher costs. HotelKey also has tw

NextGen Payments
Mandatory
PaymentsItem 6

enews every five years following the IHG Connect original Hardware Software Varies; can range from $1,000 to $200,000 Note 9 purchase License Renewal (Payable to Service Provider) NextGen Payments (“N

Oracle OPERA
Mandatory
Industry softwareItem 6

MS, which enables property-management and related activities to be integrated with IHG systems, and it also includes support and training modules. Additionally, Hotels will pay an OPERA Cloud PMS Impl

Delphi (Amadeus Hospitality)
BookingItem 6

e, charged Annually Events Platform and in 500 MB units: $370 per unit/per year (minimum of (Payable to Note 9 2Way Interface 4 units). Holiday) Interface Subscription: $2,200 for Delphi Annually One

First Data
PaymentsItem 17

plication and Agreement for New Properties (“Addendum”) is entered into between FDS Holdings, Inc. (“First Data” or “Processor”), Bank of America, N.A. (“Bank”) (collectively with First Data, “Service

MeetingBroker
Industry softwareItem 6

Note 5 IHG Business Edge Program Fees SCH) Monthly Groups & Meetings 4% of consumed or presumed/agreed room revenue (Payable to Note 5 (“G&M”) Fee for leads sent to hotels via IHG MeetingBroker SCH) 2

Oracle
POSItem 17

places the secure payment solution previously in use by IHG and Hotel and is supported by key third party providers including FreedomPay, Inc. (“FreedomPay”), Oracle Corporation (“Oracle”), Hewlett-Pa

Sabre SynXis
Industry softwareItem 3

compromise of personal information due to a data security breach affecting Kimpton Hotels during the period August 10, 2016 – March 9, 2017. This suit relates to the breach of the Sabre SynXis reserva

The vendor opportunity at Noted Collection

Noted Collection is a lodging franchise headquartered in Georgia. For software vendors, the immediate addressable market is extremely small: the most recent FDD maps only 1 unit, located in Georgia, with zero multi-unit operators on file. This single-unit footprint means any software sale here is a pinpoint engagement, not a volume play. The system appears independently owned, with no parent company listed, and year-over-year unit growth is not disclosed. While the total unit count and AUV are absent from the filing, the concentrated geography—just one property in GA—defines the sales motion. You are not selling into a sprawling enterprise; you are selling into a tightly controlled, corporate-mandated environment where every tool is prescribed.

Who controls software purchasing

Purchasing authority sits at the HQ level, driven by IHG's Americas leadership. The FDD lists Elie W. Maalouf as Chief Executive Officer of InterContinental Hotels Group, PLC, with Jolyon Bulley serving as Chief Executive Officer, Americas. Mark Sergot, Chief Development Officer, Americas, and Heather Balsley, Chief Customer & Marketing Officer, round out the key decision-making group. Colin Macdonald, Senior Vice President of US and Canada Franchise Operations, is the operational lead most likely to oversee day-to-day technology compliance. For a vendor, the path to a pilot or contract runs through this corporate team, not through individual franchisees. The system's structure gives HQ full control over which tools are evaluated, approved, and deployed.

Mandated and current tech stack

The technology landscape at Noted Collection is defined entirely by IHG mandates. The FDD requires franchisees to use the IHG Admin Program, IHG Concerto, and IHG Merlin. Payment processing is locked into NextGen Payments (NGP). Additionally, a Property Management System and a Revenue Management System are mandated, though the FDD does not name specific PMS or RMS vendors. This stack leaves almost no white space for alternative operational software. Any vendor pitching a tool that overlaps with Concerto, Merlin, NGP, PMS, or RMS functions must be prepared to displace or integrate with an existing IHG-sanctioned system—a high bar given the corporate mandate structure.

Procurement, renewals, and timing

Procurement processes at Noted Collection are opaque. Item 8 of the FDD, which typically outlines whether the franchisor designates suppliers or maintains an approved vendor list, provides no extract. This means the procurement model—designated supplier, approved supplier, or open market—is not disclosed in the most recent filing. Similarly, Item 17, which covers renewal, transfer, and termination, offers no extract. The initial franchise term is not stated, so contract renewal cycles and potential software re-evaluation windows cannot be estimated. Vendors should assume a closed, corporate-driven procurement environment until further intelligence surfaces.

How to read the Noted Collection FDD

The 2026 Franchise Disclosure Document is the authoritative source for every fact on this page. It identifies the franchisor's executives, lists the mandated technology systems, and provides the unit count and operator footprint. Because the FDD is a legal filing with state regulators, it carries more weight than any third-party database. Use the embedded viewer below to confirm the IHG tech mandates, verify the single Georgia unit, and check for any updates to procurement or renewal language. For vendors building a ranked target list, FranCloud can help you compare this system against others by tech stack openness, decision-maker accessibility, and unit growth trajectory.

Questions vendors ask

Noted Collection, answered from the filing

The buying center sits within IHG's Americas leadership. Key executives include Jolyon Bulley (CEO, Americas) and Heather Balsley (Chief Customer & Marketing Officer), who influence technology and guest-experience mandates.
The 2026 FDD mandates IHG Concerto, IHG Merlin, NextGen Payments (NGP), a Property Management System, and a Revenue Management System. No POS vendor is explicitly named, but the stack is tightly controlled by IHG.
The operator footprint shows only 1 mapped unit, located in Georgia. There are no multi-unit operators on file, indicating a very nascent or single-property franchise system.
The procurement model is not disclosed in the most recent FDD. Item 8 provides no extract, so it is unclear whether the system uses designated suppliers, an approved list, or an open procurement process.
Renewal timing cannot be estimated. The FDD does not disclose the initial term length or provide an Item 17 renewal extract, so contract cycles and renegotiation windows remain unknown.
The 2026 FDD was filed with state franchise regulators. You can review the full document using the embedded PDF viewer below to verify mandates, executive names, and unit counts directly from the source.
Source

Read the filing itself

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Noted Collection2026 FDDView only
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Operator footprint

Who runs the locations

1 operators run 1 mapped locations. 0 of them are multi-unit. Aggregate counts from the filing; no names.

Operators by units owned

Single-unit1

Top states by locations

GA1

Related Lodging brands

Primary franchise filings · updated June 2026. Every figure is source-traceable and QA-checked.