Homewood Suites by Hilton vs SureStay Hotel by Best Western Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Homewood Suites by Hilton vs SureStay Hotel by Best Western including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$12,337,700 - $25,972,000 | $186,225 - $24,338,895 |
Franchise Fee |
$75,000 | N/A |
Royalty Fee |
3.5% - 5.5% | - |
Advertising Fee |
3.5% | - |
Year Founded |
1988 | 2016 |
Year Franchised |
1988 | 2016 |
Term Of Agreement |
20 years | - |
Term Of Agreement |
20 years | - |
Renewal Fee |
Same as initial fee | - |
Business Experience Requirements |
Experience |
Industry experience General business experience | - |
Financing Options |
|
In-House/3rd Party | 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 |
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 |
US Expansion |
- | Yes |
Canada Expansion |
No | - |
International Expansion |
Yes | 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
#133 in Franchise 500 for 2020.
#122 in Franchise 500 for 2021.
About SureStay Hotel by Best Western
SureStay Hotel GroupĀ® is a new hotel offering powered by
decades of proven success and experience. Find out how you can become a
business partner of this new hotel brand that will provide you with
proven playbooks to drive business results.
SureStay Hotel Group offer value-oriented travelers an
exceptional experience at an affordable price. Comprised of four
distinctive brands,
SureStay Hotel Group offers traditional and longer
stay travelers comfort and value while away from home.
The total investment necessary to begin operation of a newly
constructed 60-room SureStay Hotel by Best Western ranges from
$4,618,720 to $6,843,395. This includes $41,495 to $52,495 that must be
paid to the franchisor or its affiliate.
The total investment necessary
to begin operation of a 60-room SureStay Hotel by Best Western that has been converted from an
existing hotel ranges from $186,225 to $749,395. This includes $42,995
to $53,995 that must be paid to the franchisor or its affiliate.
The total investment necessary to begin operation of a newly constructed
80-room SureStay Plus Hotel by Best Western ranges from $6,892,220 to
$9,260,895. This includes $41,495 to $52,495 that must be paid to the
franchisor or its affiliate.
The total investment necessary to begin
operation of a 80-room SureStay Plus Hotel by Best Western that has been
converted from an existing hotel ranges from $256,225 to $986,895. This
includes $42,995 to $53,995 that must be paid to the franchisor or its
affiliate.
The total investment necessary to begin operation of a newly constructed
100-room SureStay Studio by Best Western ranges from $6,892,220 to
$9,291,935. This includes $41,495 to $52,495 that must be paid to the
franchisor or its affiliate.
The total investment necessary to begin
operation of a 100-room SureStay Studio by Best Western that has been converted
from an existing hotel ranges from $256,225 to $987,935. This includes
$42,995 to $53,995 that must be paid to the franchisor or its affiliate.
The total investment necessary to begin operation of a newly constructed
200-room SureStay Collection by Best Western ranges from $18,550,220 to
$24,338,895. This includes $51,495 to $62,495 that must be paid to the
franchisor or its affiliate.
The total investment necessary to begin
operation of a 200-room SureStay Collection by Best Western that has
been converted from an existing hotel ranges from $911,325 to
$2,583,895. This includes $52,995 to $63,995 that must be paid to the
franchisor or its affiliate.