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Below is an in-depth analysis and side-by-side comparison of Aston Hotels and Resorts vs Home2 Suites including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $250,000 - $500,000 | $9,102,300 - $17,456,500 |
Franchise Fee | N/A | $75,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | 3.5% |
Year Founded | - | 2008 |
Year Franchised | - | 2009 |
Term Of Agreement | - | 22 years |
Term Of Agreement | - | 22 years |
Renewal Fee | - | Same as initial fee |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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Training | - | On-The-Job Training: 1 hour Classroom Training: Varies |
Support | - | 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 Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | Number of Employees Required to Run: 30 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | Yes |
International Expansion | - | No |
Aston is a full-service, deluxe conference and resort hotel which focuses on
the leisure and business traveler. Being well established in
Hawaii and Asia Pacific, we are now quickly increasing our presence
across Canada.