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Updated RecentlyHoliday Inn vs HomeTowne Studios Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Holiday Inn vs HomeTowne Studios including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $8,993,365 - $20,018,168 | $345,500 - $1,238,500 |
| Franchise Fee | $50,000 | $30,000 |
| Royalty Fee | 5-6% | 3% |
| Advertising Fee | - | - |
| Year Founded | 1990 | 2017 |
| Year Franchised | 1990 | 2017 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/Yes | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | -/Yes | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | On-The-Job Training: Classroom Training: | - |
| Support | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | Yes | No |
Company Overviews
About Holiday Inn
Holiday Inn Express continues to Stay Smart by offering travelers competitive rates and convenient locations around the globe. The Holiday Inn Express prototype design allows for lower costs, lower overhead, and a more efficiently-staffed operation. Holiday Inn Express continues to set the pace in the mid-scale without food and beverage hotel category as the fastest-growing brand, opening on average two new hotels every week. Now, that is smart!
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#53 in Canada's Top franchises.
#36 in Franchise 500 for 2020.
#57 in Franchise 500 for 2021.
About HomeTowne Studios
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HomeTowne Studios by Red Roof is an extended stay hotel with flexible daily, weekly, and monthly rate options.
• Fully Furnished Rooms
• Kitchen
• Full Sized Refrigerator
• Microwave
• 2-Burner Stove Top
• Kitchen Table with Chairs
• Weekly House Keeping
• On-site Laundry
• Free High-Speed WiFi
• HD Flat Screen TV
• Extended Cable Package
• Free Domestic Phone Service
• All Inclusive Pricing - No Utility Bills!
• Rate Options: Daily, Weekly, Monthly
The total investment necessary to begin operation of a HomeTowne Studios
by Red Roof or a Home Town Inn lodging franchise for a 65-room
conversion hotel ranges from $345,500 to $1,238,500. These amounts do
not include the costs of land, original construction or acquisition, or
ground or building lease rent for the hotel location but do include the
approximately $56,500 to $62,000 that must be paid to the franchisor or
an affiliate.