Hyatt vs Home2 Suites Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hyatt vs Home2 Suites including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$44,648,500 - $1,541,430,000 | $9,102,300 - $17,456,500 |
Franchise Fee |
$60,000 - $100,000 | $75,000 |
Royalty Fee |
- | 5% |
Advertising Fee |
- | 3.5% |
Year Founded |
1957 | 2008 |
Year Franchised |
2005 | 2009 |
Term Of Agreement |
- | 22 years |
Term Of Agreement |
- | 22 years |
Renewal Fee |
- | Same as initial fee |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
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 |
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 |
US Expansion |
- | Yes |
Canada Expansion |
- | Yes |
International Expansion |
- | No |
Company Overviews
About Hyatt
An upscale select service hotel with a modern attitude.
Designed for multi-tasking travelers seeking a select service hotel, Hyatt Place properties offer smart design and a relaxed setting with a 24/7 guest kitchen and grab n go case. Located in urban, airport and suburban areas, Hyatt Place features casual hospitality in a contemporary, technology-enabled environment. Sixteen new Hyatt Place hotels opened in North America in 2010 and more than 30 are under development in the U.S., India, Panama, Costa Rica and the Netherlands.
#81 on Franchise Rankings.com
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
#113 in Franchise 500 for 2020.
#43 in Franchise 500 for 2021.