Start-Up Costs and Fees |
||
| Home2 Suites | Hotel Indigo | |
| Investment | 9102300 - 17456500 | 18314275 - 39374895 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | 3.50% | |
| Year Founded | 2008 | 2004 |
| Year Franchised | 2009 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Home2 Suites | Hotel Indigo | |
| Experience | ||
Financing Options |
||
| Home2 Suites | Hotel Indigo | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Home2 Suites | Hotel Indigo | |
| Training | On-The-Job Training: 1 hour Classroom Training: Varies | |
| 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 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Number of Employees Required to Run: 30 | |
Expansion Plans |
||
| Home2 Suites | Hotel Indigo | |
| 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 | 0 |
| International Expansion | Worldwide, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Home2 Suites | |
| Hotel Indigo | |
| Franchise Fee | |
| Home2 Suites | |
| Hotel Indigo | |
| Royalty Fee | |
| Home2 Suites | 5% |
| Hotel Indigo | 5% |
| Advertising Fee | |
| Home2 Suites | 3.50% |
| Hotel Indigo | |
| Year Founded | |
| Home2 Suites | 2008 |
| Hotel Indigo | 2004 |
| Year Franchised | |
| Home2 Suites | 2009 |
| Hotel Indigo | 2004 |
| Term Of Agreement | |
| Home2 Suites | 22 years |
| Hotel Indigo | |
| Renewal Fee | |
| Home2 Suites | Same as initial fee |
| Hotel Indigo | |
Business Experience Requirements |
|
| Experience | |
| Home2 Suites | |
| Hotel Indigo | |
Financing Options |
|
| Franchise Fees | |
| Home2 Suites | |
| Hotel Indigo | |
| Start-up Costs | |
| Home2 Suites | |
| Hotel Indigo | |
| Equipment | |
| Home2 Suites} | |
| Hotel Indigo | |
| Inventory | |
| Home2 Suites | |
| Hotel Indigo | |
| Receivables | |
| Home2 Suites | |
| Hotel Indigo | |
| Payroll | |
| Home2 Suites | |
| Hotel Indigo | |
Training & Support |
|
| Training | |
| Home2 Suites | On-The-Job Training: 1 hour Classroom Training: Varies |
| Hotel Indigo | |
| 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 |
| Hotel Indigo | |
| Marketing | |
| Home2 Suites | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Hotel Indigo | |
| Operations | |
| Home2 Suites | Number of Employees Required to Run: 30 |
| Hotel Indigo | |
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 |
| Hotel Indigo | |
| 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 |
| Hotel Indigo | 0 |
| International Expansion | |
| Home2 Suites | Worldwide, |
| Hotel Indigo | |