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Homewood Suites by Hilton

2015 Franchise 500
#130
At a Glance

Products & Services: Upscale extended-stay hotels

Number of Locations: 364

Total Investment: $9.9M - $20.5M

Founded: 1988

Began Franchising: 1988

About Homewood Suites by Hilton

Homewood Suites by Hilton is part of the portfolio of brands at Hilton Worldwide, which has hotels in more than 90 countries. Other Hilton Worldwide brands include Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hampton by Hilton, Hilton Garden Inn, Home2 Suites by Hilton, Curio - A Collection by Hilton, Canopy by Hilton, and Hilton Grand Vacations.

Franchise Units

Year U.S. Canadian International Company Owned
2015 347 16 1 0
2014 330 15 1 0
2013 322 10 1 0
2012 307 10 1 0
2011 299 10 1 0
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Canada, Mexico.

Startup Costs, Ongoing Fees and Financing

Total Investment: $9,874,500 - $20,475,750
Franchise Fee: $75,000
Ongoing Royalty Fee: 3.5-5.5%
Term of Franchise Agreement: 22 years, renewable
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: At Memphis, TN, corporate office : 2 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #130 (2015), #135 (2014), #117 (2013), #110 (2012), #109 (2011),
Fastest-Growing: #94 (2011),
America's Top Global: #190 (2015), #161 (2014), #119 (2013), #92 (2012), #92 (2011),