Home2 Suites vs COMPASS by Margaritaville Franchise Comparison

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

Start-Up Costs and Fees
 
Home2 Suites Franchise
COMPASS by Margaritaville Franchise
Investment $9,102,300 - $17,456,500$9,010,000 - $31,395,000
Franchise Fee $75,000N/A
Royalty Fee 5%-
Advertising Fee 3.5%-
Year Founded 20082020
Year Franchised 20092020
Term Of Agreement 22 years-
Term Of Agreement 22 years-
Renewal Fee Same as initial fee-


Business Experience Requirements
 
Home2 Suites Franchise
COMPASS by Margaritaville Franchise
Experience --

Financing Options
 
Home2 Suites Franchise
COMPASS by Margaritaville 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
 
Home2 Suites Franchise
COMPASS by Margaritaville 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
 
Home2 Suites Franchise
COMPASS by Margaritaville Franchise
US Expansion YesYes
Canada Expansion Yes-
International Expansion No-

Company Overviews

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.







About COMPASS by Margaritaville


"Compass
Brand-new in 2020, Compass Hotels by Margaritaville brings our signature island vibe to a whole new range of locations. Dropping anchor in up-and-coming neighborhoods, established vacation hotspots, college towns, coastal retreats, and bustling downtown centers - Compass is poised to deliver a tall, cold glass of chill to anyone who’s looking for a tropical-style escape. Discover a whole new latitude. Invest in a Compass.