Homewood Suites by Hilton vs Signature Inn Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Homewood Suites by Hilton vs Signature Inn including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Homewood Suites by Hilton Franchise
Signature Inn Franchise
Investment $12,337,700 - $25,972,000$3,216,500 - $6,275,000
Franchise Fee $75,000$7,500
Royalty Fee 3.5% - 5.5%-
Advertising Fee 3.5%-
Year Founded 19881986
Year Franchised 19881986
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee Same as initial fee-


Business Experience Requirements

 
Homewood Suites by Hilton Franchise
Signature Inn Franchise
Experience
  • Industry experience
  • General business experience
  • -

    Financing Options

     
    Homewood Suites by Hilton Franchise
    Signature Inn Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support

     
    Homewood Suites by Hilton Franchise
    Signature Inn Franchise
    Training Classroom Training: 141-148 hours Additional Training: At Memphis, TN, corporate office-
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform-
    Marketing Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app-
    Operations

    Number of employees needed to run franchised unit: 25

    Absentee ownership of franchise is allowed.

    -

    Expansion Plans

     
    Homewood Suites by Hilton Franchise
    Signature Inn Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion YesYes

    Company Overviews

    About Homewood Suites by Hilton

    Make Yourself At Home. Investing in Homewood Suites by Hilton gives you the opportunity to capture your own piece of one of the fastest-growing segments in the hotel industry. When you develop with us, you get the upscale position in the extended-stay market backed by the power of the Hilton name.
    When you develop a Homewood, you're not just developing a hotel, but a relationship with the entire Hilton Family of Hotels. Advantages like our friendly corporate staff, central reservations system and award-winning Hilton HHonors guest reward program make this a brand you'll want to stay with for a long time.

    Franchisor is seeking new franchise units throughout the U.S. , Canada and Mexico    

    Veteran Incentives  Varies
    "Entrepreneur
    #133 in Franchise 500 for 2020.
    #122 in Franchise 500 for 2021.


    About Signature Inn

    "Signature

    Signature Inn invites guests to stay Outside Ordinary. With a cheap-chic design and eye-catching branding, Signature Inn brings to life the golden age of travel and gives it a retro-modern twist for an experience that is just as unique as it is comfortable.Join the Red Lion Hotel Corporation family and enjoy incredible benefits, including affordable flat fees, reasonable agreements, flexible services and amenities and strong revenue contribution.


    The total investment necessary to convert an existing hotel into a 40-room Signature Inn Hotel is $153,000 to $932,500. This estimate includes $21,000 to $22,000 that must be paid to the franchisor.
    The total investment necessary for a newly-constructed 40-room Signature Inn Hotel is $3,216,500 to $6,275,000, excluding the cost of purchasing or leasing land or any real estate taxes. This estimate includes $21,000 that must be paid to the franchisor.