You will operate a high quality Home2 Suites by Hilton hotel featuring suites at mid-marketprices under a Franchise Agreement with us.
Company Background
Home2 Suites by Hilton is the world's newest hotel brand. Home2 Suites offers upscale, all-suite style accommodations with full kitchens and complimentary breakfast served daily to guests in affordable hotels at mid-market pricing. The company operates three different types of locations: (1) Home2 Suites by Hilton Hotel Franchise - Franchises are granted on a territory basis; (2) Home2 Suites by Hilton Corporate Lodging Franchise - Franchises are granted for individual properties; (3) Home2 Suites by Hilton Resort & Spa Franchise - Franchises are granted on an exclusive geographical area basis. As of December 31, 2017, there were 45 franchised or licensed hotels across North America that operated under the
Franchise Opportunity
The world is changing and the way we travel with our families, friends or colleagues is also evolving. We are in an era where people are increasingly looking for more choice, flexibility and control over their travel experiences. People no longer want to be tied down by restrictive loyalty programs that don't allow them to enjoy a wide range of hotels and accommodations when they want, how they want. They also want new ways of connecting with each other that go beyond sharing photos on social media . Home2 Suites by Hilton offers a fresh approach to hospitality through flexible stays designed around your needs - whether it's work-life balance or quality time with family & friends. Our suites offer you all the space you need to relax after a long day at work or play while still feeling connected thanks to our complimentary WiFi throughout the hotel . You can even host guests in one of our studio suite rooms which feature a pull-out sofa bed as well
Corporate Structure
Hilton Franchise Holding LLC is a Delaware limited liability company, formed in September 2007. Their principal business address is 7930 Jones Branch Drive, Suite 1100, McLean, Virginia 22102. They have offered franchises for Home2 Suites by Hilton hotels since March 30, 2015.
Earnings Transparency
7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Franchise Types Available
#
Type
Investment
Fees
Distribution of Home2 Suites by Hilton Franchisees
Home2 Suites by Hilton Franchise System Development in 2022
FAQ
How much investment do I need to start my own Home2 Suites by Hilton business?
Franchisees typically require at least $14 to $21 investment to get their Home2 Suites by Hilton business started
What are the initial franchise fees for Home2 Suites by Hilton?
Franchisees typically need to pay at least $252 in fees directly to Home2 Suites by Hilton in order to earn the right to launch their business
How much money can I make with a Home2 Suites by Hilton franchise? What are
the average revenues for a typical Home2 Suites by Hilton business?
We haven’t done the math on how much revenue a typical
Home2 Suites by Hilton brings in each year. We estimate that other
franchisees in the Lodging & Leisure industry generate
$882,894 revenue, so we would expect
Home2 Suites by Hilton to generate a similar amount
How long do I need to commit to running a Home2 Suites by Hilton unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
5 /10
The Franchisor's investment costs ranges from
$14,508,210 to $21,620,632
which is
Much Higher
than the $0 to $0 average in the Hotels & Resorts industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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