Homewood Suites by Hilton vs Travelodge Hotels Franchise Comparison

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

Start-Up Costs and Fees
 
Homewood Suites by Hilton Franchise
Travelodge Hotels Franchise
Investment $12,337,700 - $25,972,000$184,960 - $8,424,593
Franchise Fee $75,000$35,000 - $38,000
Royalty Fee 3.5% - 5.5%4.5%
Advertising Fee 3.5%4%
Year Founded 19881939
Year Franchised 19881966
Term Of Agreement 20 years15 years
Term Of Agreement 20 years15 years
Renewal Fee Same as initial fee-


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

    Financing Options
     
    Homewood Suites by Hilton Franchise
    Travelodge Hotels Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesYes/No
    Start-up Costs No/YesYes/No
    Equipment No/YesNo/Yes
    Inventory No/YesYes/Yes
    Receivables No/YesNo/No
    Payroll No/YesNo/No

    Training & Support
     
    Homewood Suites by Hilton Franchise
    Travelodge Hotels Franchise
    Training Classroom Training: 141-148 hours Additional Training: At Memphis, TN, corporate office On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops; customized property training
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet PlatformNewsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
    Marketing Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/appCo-op Advertising 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.

    		 International franchisees required to buy multiple units/master licenses; 25% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 25

    Absentee ownership of franchise is allowed.

    Expansion Plans
     
    Homewood Suites by Hilton Franchise
    Travelodge Hotels Franchise
    US Expansion -Yes
    Canada Expansion NoYes
    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 Travelodge Hotels

    Building temporary worker Scott King opened his first motel, King's Auto Court in 1935- - so as to welcome visitors going to San Diego's World's Fair. Throughout the following five years, he opened 24 more inns around Southern California. The first under the name Travelodge opened in 1940, and this turned into the name of Scott's organization in 1946. Today Travelodge is a piece of the Wyndham Worldwide gathering of lodging networks.

    Known for offering high caliber, agreeable, yet reasonable rooms, Travelodge inns advance to many markets including families, seniors and business voyagers. With about 500 Travelodge areas all through the United States, Canada and Mexico, we keep on expanding our offerings to meet our visitors' differing needs. We offer projects and courtesies including:

    * Wyndham Rewards, the world's biggest lodging rewards program*
    * Best Available Rate Guarantee, guaranteeing that visitors locate our most minimal rate on the Internet
    * Pet Friendly Locations
    * Bear Bites complimentary breakfast which incorporates newly blended espresso, squeezed orange, arranged bagels, biscuits or baked goods
    * Bear Basics in-room courtesies, our new drain and nectar scented lavatory luxuries
    * Free day by day daily papers * In-room espresso
    * Pools and/or meeting rooms at numerous areas
    * Sleepy Bear Den rooms at numerous areas

    *Based on the quantity of partaking properties.

    The total investment necessary to begin operation of a Travelodge franchise for a 100 room new construction facility ranges from $5,008,753 to $8,424,593.
    The total investment necessary to begin operation of a Travelodge franchise for a 100 room conversion facility ranges from $184,960 to
    $2,281,055. Land acquisition costs are not included in these ranges. The above amounts include a range of $43,600 to $72,925 that must be paid to the franchisor or an affiliate.

    "Top     "Entrepreneur
    #112 in Canada's Top franchises.
    #112 in Franchise 500 for 2020.
    #338 in Franchise 500 for 2021..