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Updated RecentlyCandlewood Suites vs Home2 Suites Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Candlewood Suites 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 | $7,807,040 - $10,716,900 | $9,102,300 - $17,456,500 |
| Franchise Fee | $50,000 | $75,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | - | 3.5% |
| Year Founded | 1995 | 2008 |
| Year Franchised | 1996 | 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 | -/Yes |
| Start-up Costs | -/Yes | -/Yes |
| Equipment | -/Yes | -/Yes |
| Inventory | -/Yes | -/Yes |
| Receivables | -/Yes | -/Yes |
| Payroll | -/Yes | -/Yes |
Training & Support |
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| Training | On-The-Job Training: Varies Classroom Training: Varies | On-The-Job Training: 1 hour Classroom Training: Varies |
| Support | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Purchasing Co-ops 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 SEO Loyalty program/app | 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 |
Company Overviews
About Candlewood Suites
At Candlewood Suites® hotels we offer a more casual kind
of longer stay, where you’ll always feel at home, at your best and
really productive while on the road.
All of our locations throughout the Americas are easily accessible
and we’re always opening new hotels, so guests can book a spacious suite
whenever and wherever it works for them.
Candlewood Suites gives you the amenities that make you feel at home.
Fully-equipped suites, room to spread out, space to work and space to
relax.
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
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#113 in Franchise 500 for 2020.
#43 in Franchise 500 for 2021.