Homewood Suites by Hilton vs EVEN Hotels Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Homewood Suites by Hilton vs EVEN Hotels 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 | $16,697,959 - $24,459,635 |
Franchise Fee |
$75,000 | $75,000 |
Royalty Fee |
3.5% - 5.5% | 5% |
Advertising Fee |
3.5% | - |
Year Founded |
1988 | 2012 |
Year Franchised |
1988 | 2014 |
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 | -/Yes |
Start-up Costs |
No/Yes | -/Yes |
Equipment |
No/Yes | -/Yes |
Inventory |
No/Yes | -/Yes |
Receivables |
No/Yes | -/Yes |
Payroll |
No/Yes | -/Yes |
Training & Support |
Training |
Classroom Training: 141-148 hours
Additional Training: At Memphis, TN, corporate office |
On-The-Job Training: Varies
Classroom Training: Varies
|
Support |
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform |
Ongoing Support
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing |
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app |
Ad Templates
National Media
SEO
Website development
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 EVEN Hotels
The EVEN Hotels brand helps travellers make healthier choices that
impact every aspect of their personal wellness at an affordable price
point. The brand is focused on ensuring guests Eat Well, Rest Easy, Keep
Active and Accomplish More:
- REST EASY: EVEN Hotels provides a signature sleep
experience which includes Simmons Beautyrest Pillowtop Mattresses and
colour LED mood lighting so guests can create a relaxing and calming
environment to recharge and rejuvenate.
- KEEP ACTIVE: EVEN Hotels offers a variety of
options for guests to stay active, physically or mentally with a best in
class gym Active Studio and in-room fitness zone - whether guests have
15 minutes or an hour, EVEN Hotels provides multiple, easy access
fitness options.
- EAT WELL: EVEN Hotels provides a variety of
healthier to indulgent options for food and beverage to fuel up for day
and options to unwind in the evening.
- ACCOMPLISH MORE: EVEN Hotels provides options to
enable guests to maximize their productivity with an inviting public
space or in the guestroom.