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Homewood Suites by Hilton

2014 Franchise 500
#135
At a Glance

Products & Services: Upscale extended-stay hotels

Number of Locations: 325

Total Investment: $9.8M - $19.5M

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 currently has hotels in 84 countries. Other Hilton Worldwide brands include Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites Hotels, Hampton Hotels, Hilton Garden Inn, Home2 Suites by Hilton and Hilton Grand Vacations.

Franchise Units

Year U.S. Canadian International Company Owned
2013 314 10 1 0
2012 268 10 0 38
2011 255 10 0 44
2010 244 9 0 45
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $9,818,500 - $19,539,000
Franchise Fee: $75,000
Ongoing Royalty Fee: 3.5-5%
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®: #135 (2014), #117 (2013), #110 (2012), #109 (2011), #156 (2010),
Fastest-Growing: #94 (2011), #62 (2010),
America's Top Global: #119 (2013), #92 (2012), #92 (2011), #124 (2010),