Start-Up Costs and Fees |
||
| Home2 Suites | Hawthorn Suites | |
| Investment | 9102300 - 17456500 | 225693 - 12785326 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5.50% |
| Advertising Fee | 3.50% | 2.50% |
| Year Founded | 2008 | 1986 |
| Year Franchised | 2009 | 1986 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Home2 Suites | Hawthorn Suites | |
| Experience | ||
Financing Options |
||
| Home2 Suites | Hawthorn Suites | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Home2 Suites | Hawthorn Suites | |
| Training | On-The-Job Training: 1 hour Classroom Training: Varies | Available at headquarters, Available at franchisee's location, At regional location |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op advertising, Ad slicks, National media |
| Operations | Number of Employees Required to Run: 30 | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 30 Absentee ownership of franchise is allowed. |
Expansion Plans |
||
| Home2 Suites | Hawthorn Suites | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion | Worldwide, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Home2 Suites | |
| Hawthorn Suites | |
| Franchise Fee | |
| Home2 Suites | |
| Hawthorn Suites | |
| Royalty Fee | |
| Home2 Suites | 5% |
| Hawthorn Suites | 5.50% |
| Advertising Fee | |
| Home2 Suites | 3.50% |
| Hawthorn Suites | 2.50% |
| Year Founded | |
| Home2 Suites | 2008 |
| Hawthorn Suites | 1986 |
| Year Franchised | |
| Home2 Suites | 2009 |
| Hawthorn Suites | 1986 |
| Term Of Agreement | |
| Home2 Suites | 22 years |
| Hawthorn Suites | 20 years |
| Renewal Fee | |
| Home2 Suites | Same as initial fee |
| Hawthorn Suites | 50% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Home2 Suites | |
| Hawthorn Suites | |
Financing Options |
|
| Franchise Fees | |
| Home2 Suites | |
| Hawthorn Suites | |
| Start-up Costs | |
| Home2 Suites | |
| Hawthorn Suites | |
| Equipment | |
| Home2 Suites} | |
| Hawthorn Suites | |
| Inventory | |
| Home2 Suites | |
| Hawthorn Suites | |
| Receivables | |
| Home2 Suites | |
| Hawthorn Suites | |
| Payroll | |
| Home2 Suites | |
| Hawthorn Suites | |
Training & Support |
|
| Training | |
| Home2 Suites | On-The-Job Training: 1 hour Classroom Training: Varies |
| Hawthorn Suites | Available at headquarters, Available at franchisee's location, At regional location |
| Support | |
| Home2 Suites | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Hawthorn Suites | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Home2 Suites | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Hawthorn Suites | Co-op advertising, Ad slicks, National media |
| Operations | |
| Home2 Suites | Number of Employees Required to Run: 30 |
| Hawthorn Suites | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 30 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| Home2 Suites | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Hawthorn Suites | |
| Canada Expansion | |
| Home2 Suites | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Hawthorn Suites | |
| International Expansion | |
| Home2 Suites | Worldwide, |
| Hawthorn Suites | |