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Home2 Suites by Hilton
Midprice extended-stay hotels

Home2 Suites by Hilton
Midprice extended-stay hotels

About
Founded

2008

Franchising Since

2009 (9 Years)

Corporate Address

7930 Jones Branch Dr., #1100
McLean, VA 22102

CEO

Christopher Nassetta

Parent Company

Hilton Worldwide

Ticker Symbol

HLT

Financial Requirements
Initial Investment

$7,423,250 - $13,659,750

Ongoing Fees
Initial Franchise Fee

$75,000 - $75,000

Ongoing Royalty Fee

3.5%

Ad Royalty Fee

3%

Financing Options

Home2 Suites by Hilton has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

On-The-Job Training:

varies

Classroom Training:

varies

Number of Employees Required to Run:

30

Bio
Home2Suites by Hilton is an all-suite extended-stay hotel brand from Hilton Worldwide. Amenities include complimentary breakfast, laundry and fitness areas, WiFi access and a 24-hour business center.
Cost
Initial Investment: Low - $7,423,250 High - $13,659,750
Units

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: Canada, Mexico
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

Franchise Articles

Can Colleges Teach People How to Franchise?

Long neglected by business schools, franchising is finally gaining a foothold in the world of higher ed. But will students follow?

The 4 Ways Associations Can Help Franchisees

While independent franchisee associations can be viewed as confrontational, when all involved parties get talking, the groups can be a collaborative source of support and education.

A Buzzing Business: How These Entrepreneurs Turned a Longtime Annoyance Into Successful Careers in Pest Control

Mosquito Joe franchisees Kurt and Melissa Godwin share how their second career helped create a better work-life balance for them.

The 5 Attributes of Franchises Growing with Velocity

Some franchise concepts can amplify growth with the right attributes. Learn how to spot them.

How This Franchisor Found Sweet Success With an Ice Cream Experiment

Creamistry's Jay Yim took a crazy experiment in his garage and grew it into a global ice cream brand.

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: September 29th, 2016