Homewood Suites by Hilton vs AFM Hospitality Corporation Franchise Comparison

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

Start-Up Costs and Fees
 
Homewood Suites by Hilton Franchise
AFM Hospitality Corporation Franchise
Investment $12,337,700 - $25,972,000$2,000,000 - $20,000,000
Franchise Fee $75,000$35,000
Royalty Fee 3.5% - 5.5%3%
Advertising Fee 3.5%4%
Year Founded 19881991
Year Franchised 19881992
Term Of Agreement 20 years5/5/5/5 Years
Term Of Agreement 20 years5/5/5/5 Years
Renewal Fee Same as initial fee-


Business Experience Requirements
 
Homewood Suites by Hilton Franchise
AFM Hospitality Corporation Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    Homewood Suites by Hilton Franchise
    AFM Hospitality Corporation Franchise
      In-House/3rd PartyIn-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
    AFM Hospitality Corporation Franchise
    Training Classroom Training: 141-148 hours Additional Training: At Memphis, TN, corporate officeOn-Site 3-5 Days
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet PlatformCentral Data Processing:

    Central Purchasing:

    Field Operation Evaluation:

    Field Training:

    Initial Store Opening:

    Franchisee Newsletter:

    Regional or National Meetings:

    800 Telephone Hotline:

    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
    AFM Hospitality Corporation 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.


    About AFM Hospitality Corporation

    AFM is dedicated to being the best in hospitality services, nationwide. Wherever possible, the services we provide have been centralized, allowing the company to capitalize on economies of scale. All brands receive full training, quality assurance and franchise service support provided by a team of industry experts. The growth strategy for the company has been developed by a team of professionals, each with a specific area of expertise in the hospitality trade.