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Updated RecentlyHomewood Suites by Hilton Franchise
Upscale extended-stay hotels
Investing in Homewood Suites by Hilton gives you the opportunity to capture your own piece of one of the fastest-growing segments in the hotel industry. When you develop with us, you get the upscale position in the extended-stay market backed by the power of the Hilton name.
Franchisor is seeking new franchise units throughout the U.S. ,
Canada and Mexico
Veteran Incentives Varies
It's time to give yourself permission to build your days around what's important to you! You're in Control!
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How much does it cost to open a Homewood Suites by Hilton Franchise?
The investment required to open a Homewood Suites by Hilton Franchise is between $12,337,700-$25,972,000. There is an initial franchise fee of $75,000 which grants you the license to run a business under the Homewood Suites by Hilton name.
Individual Unit Costs
- Initial Investment:
$12,337,700-$25,972,000 - Initial Franchise Fee:
$75,000 - Royalty Fee:
3.5% - 5.5% - Advertising Fee:
3.5% - Term of Agreement:
20 years - Renewal Fee:
Same as initial fee
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GE Capital's Canadian Franchise Finance business announced today that it has provided senior debt to Bayview Hospitality Group Inc., a hotel management and development company headquartered in Toronto, that will be used to refinance existing debt and allow operating partners to buy out the investor ...
Homewood Suites By Hilton Names Top Hotel For 2006
Homewood Suites by Hilton District of Columbia � Falls Church, VA received the Pride Award � Hotel of the Year during the extend-stay hotel brand's annual General Manager and Directors of Sales conference, held last month. The Pride Award recognizes hotels that excel on key components, including: q...
Homewood Suites By Hilton� Announces Plans For Video Ipod� Training
Homewood Suites by Hilton�, the national brand of upscale, all-suite, residential-style hotels, has unveiled a new, innovative approach to the training of its team members. The extended stay brand is launching Mobile Training with video iPods� in every Homewood Suites property by May 2007, as a way...
Homewood Suites By Hilton� Announces Its Latest Innovations And Evolution Within The Extended Stay Arena
Today, Homewood Suites by Hilton�, the national brand of upscale, all-suite, residential-style hotels, unveiled the brand's core initiatives for 2007 at the Americas Lodging Investment Summit during a breakfast event during ALIS in Century City, Calif. Brand executives provided an overview of:
...
Homewood Suites By Hilton� Announces Plans For Suite Selection
Today, Homewood Suites by Hilton�, the international brand of upscale, all-suite, residential-style hotels, announced plans to launch Suite Selection, the hotel industry's first interactive room selection tool designed to give guests full control when checking in online. Available first quarter 200...
Homewood Suites by Hilton News & Press Releases
When did Homewood Suites by Hilton start Franchising? 1988
International: Canada, Mexico
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | Yes |
| Payroll | No | Yes |
Other Financing Source(s): 3rd-party financing available
Training
Classroom Training: 141-148 hours
Additional Training: At Memphis, TN, corporate office
Support
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
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app
Number of employees needed to run franchised unit: 25
Absentee ownership of franchise is allowed.
Business Experience:
To calculate how much income a franchise owner can do at Homewood Suites by Hilton Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
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Listing Tags
Legal Disclaimer: This information is not a franchise offering for Homewood Suites by Hilton and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Homewood Suites by Hilton franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Homewood Suites by Hilton
Homewood Suites by Hilton
7930 Jones Branch Dr., #1100
McLean,
VA
22102