Homewood Suites by Hilton vs Radisson Franchise Comparison

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

Start-Up Costs and Fees
 
Homewood Suites by Hilton Franchise
Radisson Franchise
Investment $12,337,700 - $25,972,000$13,942,060 - $65,080,705
Franchise Fee $75,000$75,000
Royalty Fee 3.5% - 5.5%5%
Advertising Fee 3.5%2%
Year Founded 19881962
Year Franchised 19881983
Term Of Agreement 20 years20 years
Term Of Agreement 20 years20 years
Renewal Fee Same as initial fee-


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

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

    Training & Support
     
    Homewood Suites by Hilton Franchise
    Radisson Franchise
    Training Classroom Training: 141-148 hours Additional Training: At Memphis, TN, corporate office
    • Pre-Opening assistance includes: consultation services; hotel operations assistance; purchasing programs; standards manuals; training programs
    • Ongoing assistance includes: consultation services; purchasing, training and marketing programs; reservation system access; hotel inspections
    • Revenue optimization tools
    • Look To Book, an innovative, patented reward program for travel agents
    • A dedicated brand sales team
    • Social media expertise and support
    • Strategic alliance with the world's leading business travel management company, CWT
    • A dedicated field operations team
    • Dedicated revenue specialists
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet PlatformNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/appCo-op advertising, Ad slicks, National media, Regional advertising
    Operations

    Number of employees needed to run franchised unit: 25

    Absentee ownership of franchise is allowed.

    Absentee ownership of franchise is allowed.

    Expansion Plans
     
    Homewood Suites by Hilton Franchise
    Radisson 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 Radisson

    Radisson is one of the world's leading global hotel brands. It delivers vibrant, contemporary and engaging hospitality that is characterized by its unique Yes I Can!SM service philosophy. Radisson hotels are first-class, full-service hotels that offer a range of "World of Radisson" services and amenities that have been created specifically to be empathetic to the challenges of modern travel, including its 100% Guest Satisfaction Guarantee. Radisson is modern in outlook, socially responsible and service-driven. At its very heart, Radisson is a brand of true hoteliers who understand modern day travel, the complexities of life on the move and the solutions hotels must offer-no matter where in the world they may be. Radisson is committed to building meaningful, personal relationships and has a passion for Yes I Can! hospitality.
    Radisson hotels are conveniently situated in major urban and suburban settings, in resort destinations, business districts and airport gateways.
    Radisson can be found in the places guest need us the most - near airports, city centers and resorts. Current locations can be found in the Americas and Asia Pacific with plans in motion to expand even further throughout the world.
    Tiered Branding
    Radisson is a two-tiered brand offering a choice of an upper upscale hospitality experience at our Radisson Blu hotels or an upscale experience at our Radisson hotels. Radisson Blu flagship properties can be found globally in prime locations, including major cities, airport gateways and leisure destinations around the world.
    Look for upscale Radisson hotels in major urban and suburban locations, as well as near airports and business districts around the world.
    As of Year End 2018, Radisson has 217 hotels operating throughout the world with 38,940 rooms
    and 104 hotels in the development pipeline with an additional 23,745 rooms.

    Our initial Fee $500/room, $75,000 minimum