Homewood Suites by Hilton Franchise Comparison

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

Start-Up Costs and Fees
 
Homewood Suites by Hilton Franchise
Investment $12,337,700 - $25,972,000
Franchise Fee $75,000
Royalty Fee 3.5% - 5.5%
Advertising Fee 3.5%
Year Founded 1988
Year Franchised 1988
Term Of Agreement 20 years
Term Of Agreement 20 years
Renewal Fee Same as initial fee


Business Experience Requirements
 
Homewood Suites by Hilton Franchise
Experience
  • Industry experience
  • General business experience
    		•

    Financing Options
     
    Homewood Suites by Hilton Franchise
      In-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
    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
    US Expansion -
    Canada Expansion No
    International Expansion Yes

    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.