Homewood Suites by Hilton
#70 Franchise 500| Upscale extended-stay hotels

Homewood Suites by Hilton
Upscale extended-stay hotels

About
Founded

1988

Franchising Since

1988 (31 Years)

Corporate Address

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

CEO

Christopher Nassetta

Parent Company

Hilton

Ticker Symbol

HLT

Financial Requirements
Initial Investment

$12,337,700 - $25,972,000

Ongoing Fees
Initial Franchise Fee

$75,000 - $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

Veteran Incentives

Varies

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

1 hour

Classroom Training:

Varies

Additional Training:

At Memphis, TN, corporate office

Absentee Ownership Allowed
Number of Employees Required to Run:

25

Homewood Suites by Hilton is ranked #70 in the Franchise 500!
Bio
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.
Cost
Initial Investment: Low - $12,337,700 High - $25,972,000
Units
+7.6%+33 UNITS (1 Year) +27.5%+101 UNITS (3 Years)

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

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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 4th, 2019