Travelodge Hotels vs Home2 Suites Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Travelodge Hotels vs Home2 Suites including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Travelodge Hotels Franchise
Home2 Suites Franchise
Investment $184,960 - $8,424,593$9,102,300 - $17,456,500
Franchise Fee $35,000 - $38,000$75,000
Royalty Fee 4.5%5%
Advertising Fee 4%3.5%
Year Founded 19392008
Year Franchised 19662009
Term Of Agreement 15 years22 years
Term Of Agreement 15 years22 years
Renewal Fee -Same as initial fee


Business Experience Requirements
 
Travelodge Hotels Franchise
Home2 Suites Franchise
Experience --

Financing Options
 
Travelodge Hotels Franchise
Home2 Suites Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/No-/Yes
Start-up Costs Yes/No-/Yes
Equipment No/Yes-/Yes
Inventory Yes/Yes-/Yes
Receivables No/No-/Yes
Payroll No/No-/Yes

Training & Support
 
Travelodge Hotels Franchise
Home2 Suites Franchise
Training On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops; customized property training On-The-Job Training: 1 hour Classroom Training: Varies
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Marketing Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations 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.

 Number of Employees Required to Run: 30

Expansion Plans
 
Travelodge Hotels Franchise
Home2 Suites Franchise
US Expansion YesYes
Canada Expansion YesYes
International Expansion YesNo

Company Overviews

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..




About Home2 Suites

Home2 Suites by Hilton, one of the fastest-growing brands in the history of Hilton, is a mid-tier, all-suite, award-winning extended-stay hotel concept designed to offer stylish accommodations with flexible guest room configurations and inspired amenities for the cost-conscious guest. With a commitment to environmentally friendly products and hotel operations, Home2 Suites offers complimentary breakfast selections with hundreds of combinations; innovative and customizable guest room designs; laundry and fitness areas; complimentary WiFi; multiple outdoor spaces; 24-hour business centers; expansive community spaces; and pet-friendly environments.

The total investment necessary to begin operation of a newly constructed 107 suite Home2 Suites by Hilton hotel, excluding real property, is $9,111,295 to $17,474,775, including up to $236,995 that must be paid to the franchisor or their affiliates.

Veteran Incentives  Varies
"Entrepreneur
#113 in Franchise 500 for 2020.
#43 in Franchise 500 for 2021.