Home2 Suites Franchise

Extended stay luxury hotel

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Home2 Suites by Hilton, one of the fastest-growing brands in the history of Hilton, is a mid-tier, all-suite, award-winning extended-stay hotel concept designed to offer stylish accommodations with flexible guest room configurations and inspired amenities for the cost-conscious guest. With a commitment to environmentally friendly products and hotel operations, Home2 Suites offers complimentary breakfast selections with hundreds of combinations; innovative and customizable guest room designs; laundry and fitness areas; complimentary WiFi; multiple outdoor spaces; 24-hour business centers; expansive community spaces; and pet-friendly environments. The total investment necessary to begin operation of a newly constructed 107 suite Home2 Suites by Hilton hotel, excluding real property, is $9,111,295 to $17,474,775, including up to $236,995 that must be paid to the franchisor or their affiliates. Veteran Incentives Varies#113 in Franchise 500 for 2020.#43 in Franchise 500 for 2021.

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$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of Home2 Suites, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Home2 Suites website.

How much does it cost to open a Home2 Suites Franchise ?

The investment required to open a Home2 Suites Franchise is between $9,102,300 - $17,456,500 . There is an initial franchise fee of $75,000 which grants you the license to run a business under the Home2 Suites name.

Individual Franchise Costs

  • Initial Investment:
    $9,102,300 -
  • Initial Franchise Fee:
    $75,000
  • Royalty Fee:
    5%
  • Advertising Fee:
    3.50%
  • Term of Agreement:
    22 years
  • Renewal Fee:
    Same as initial fee

Expense In-House Third Party
Franchise Fee N/A Yes
Startup Costs N/A Yes
Equipment N/A Yes
Inventory N/A Yes
Accounts Receivable N/A Yes
Payroll N/A Yes

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

Home2 Suites Growth History

When did the first Home2 Suites open? 2008
When did Home2 Suites start Franchising ? 2009

Number of Employees Required to Run: 30

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

Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory

Worldwide,



How much does a Home2 Suites Franchise owner make?

To calculate how much income a franchise owner can do at Home2 Suites Franchise , may vary on factors like location, size etc. On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise ver_a. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial oper_ating costs like signage, furniture, decoration and renovations.

Initial Investment
$75,000 - $17,456,500
Initial Franchise Fee
$75,000
Royalty Fee
5%
Advertising Fee
3.50%
Term of Agreement
22 years
Renewal Fee
Same as initial fee

Sister Companies

Home2 Suites Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Home2 Suites and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an Home2 Suites franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.