Homewood Suites by Hilton

Homewood Suites by Hilton

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Promoted Opportunities

Homewood Suites by Hilton
#97

Initial Investment

LOW: $10,899,500
HIGH: $20,925,750

Change in Units

+8.7% +32 UNITS (1 Year)
+19.8% +66 UNITS (3 Years)

Company Profile

Founded

1988

Franchising Since

1988 (29 Years)

Corporate Address

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

CEO

Christopher Nassetta

Parent Company

Hilton

Ticker Symbol

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.

Financials

Financial Requirements

Initial Investment

$10,899,500 - $20,925,750

Ongoing Fees

Initial Franchise Fee

$75,000

Ongoing Royalty Fee

3.5-5.5%

Ad Royalty Fee

3.5%

Financing Options

Homewood 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

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: See List

Operations & Franchisor Support

Training Onsite: varies

Training at headquarters: varies

Additional Training: At Memphis, TN, corporate office

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Absentee Ownership Allowed

Number of employees required to run: 25

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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

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