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Updated RecentlyHome2 Suites Franchise
Extended stay luxury hotel
one of the fastest-growing brands in the history of Hilton, is a
mid-tier, all-suite, award-winning extended-stay hotel concept designed
to offer stylish accommodations with flexible guest room configurations
and inspired amenities for the cost-conscious guest. With a commitment
to environmentally friendly products and hotel operations, Home2 Suites
offers complimentary breakfast selections with hundreds of combinations;
innovative and customizable guest room designs; laundry and fitness
areas; complimentary WiFi; multiple outdoor spaces; 24-hour business
centers; expansive community spaces; and pet-friendly environments.
constructed 107 suite Home2 Suites by Hilton hotel, excluding real
property, is $9,111,295 to $17,474,775, including up to $236,995 that
must be paid to the franchisor or their affiliates.
Veteran Incentives Varies
#113 in Franchise 500 for 2020.
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How much does it cost to open a Home2 Suites Franchise?
The investment required to open a Home2 Suites Franchise is between $9,102,300-$17,456,500. There is an initial franchise fee of $75,000 which grants you the license to run a business under the Home2 Suites name.
Individual Unit Costs
- Initial Investment:
$9,102,300-$17,456,500 - Initial Franchise Fee:
$75,000 - Royalty Fee:
5% - Advertising Fee:
3.5% - Term of Agreement:
22 years - Renewal Fee:
Same as initial fee
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Home2 Suites by Hilton St. Augustine Celebrates Topping Off
Home2 Suites by Hilton, part of Hilton's
(NYSE: HLT) All Suites portfolio, announced today the "topping off" of
its new hotel in St. Augustine, Fla., signifying that the final beam has
been placed and that the structural framework is complete.
Home2 Suites by Hilton St. Augustine ...
Home2 Suites News & Press Releases
When did Home2 Suites start Franchising? 2009
United States: Nationwide
Canada: Nationwide
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | N/A | Yes |
| Startup Costs | N/A | Yes |
| Equipment | N/A | Yes |
| Inventory | N/A | Yes |
| Accounts Receivable | N/A | Yes |
| Payroll | N/A | Yes |
Training
On-The-Job Training: 1 hour
Classroom Training: Varies
Support
Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app
Number of Employees Required to Run: 30
To calculate how much income a franchise owner can do at Home2 Suites Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
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- Homewood Suites by Hilton
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- Tru by Hilton
Listing Tags
Legal Disclaimer: This information is not a franchise offering for Home2 Suites and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Home2 Suites franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Home2 Suites
7930 Jones Branch Dr., #1100
McLean,
VA
22102
