voco hotels vs Home2 Suites Franchise Comparison

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

Start-Up Costs and Fees

 
voco hotels Franchise
Home2 Suites Franchise
Investment $15,963,880 - $46,738,600$9,102,300 - $17,456,500
Franchise Fee $75,000$75,000
Royalty Fee 05%
Advertising Fee 03.5%
Year Founded 20202008
Year Franchised 20202009
Term Of Agreement -22 years
Term Of Agreement -22 years
Renewal Fee -Same as initial fee


Business Experience Requirements

 
voco hotels Franchise
Home2 Suites Franchise
Experience --

Financing Options

 
voco hotels Franchise
Home2 Suites Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

 
voco hotels Franchise
Home2 Suites Franchise
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

 
voco hotels Franchise
Home2 Suites Franchise
US Expansion YesYes
Canada Expansion -Yes
International Expansion YesNo

Company Overviews

About voco hotels

"voco

Drawing on their years of experience in delivering True Hospitality, voco Hotels, gives people a different choice.

The voco™ brand offers owners the ability to drive higher returns by delivering a distinctive, compelling, experiential consumer proposition and leveraging IHG's powerful resources.
voco is leading a trend towards conversions, which we’re seeing across the full breadth of our portfolio and accounted for a quarter of IHG’s signings overall in the first half of 2020



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.