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Updated RecentlyHome2 Suites vs EVEN Hotels Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Home2 Suites vs EVEN Hotels including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $9,102,300 - $17,456,500 | $16,697,959 - $24,459,635 |
| Franchise Fee | $75,000 | $75,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 3.5% | - |
| Year Founded | 2008 | 2012 |
| Year Franchised | 2009 | 2014 |
| 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: 1 hour Classroom Training: Varies | On-The-Job Training: Varies 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 | Ongoing Support Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection 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 | Ad Templates National Media SEO Website development Loyalty program/app |
| Operations | Number of Employees Required to Run: 30 | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | Yes | - |
| International Expansion | No | Yes |
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
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#113 in Franchise 500 for 2020.
#43 in Franchise 500 for 2021.
About EVEN Hotels
!["EVEN]("https://fddexchange.com/wp-content/uploads/2019/02/EVEN-Hotels.png")
The EVEN Hotels brand helps travellers make healthier choices that
impact every aspect of their personal wellness at an affordable price
point. The brand is focused on ensuring guests Eat Well, Rest Easy, Keep
Active and Accomplish More:
- REST EASY: EVEN Hotels provides a signature sleep experience which includes Simmons Beautyrest Pillowtop Mattresses and colour LED mood lighting so guests can create a relaxing and calming environment to recharge and rejuvenate.
- KEEP ACTIVE: EVEN Hotels offers a variety of options for guests to stay active, physically or mentally with a best in class gym Active Studio and in-room fitness zone - whether guests have 15 minutes or an hour, EVEN Hotels provides multiple, easy access fitness options.
- EAT WELL: EVEN Hotels provides a variety of healthier to indulgent options for food and beverage to fuel up for day and options to unwind in the evening.
- ACCOMPLISH MORE: EVEN Hotels provides options to enable guests to maximize their productivity with an inviting public space or in the guestroom.