Homewood Suites by Hilton Franchise

Homewood Suites by Hilton is an upscale, all-suite, extended-stay hotel brand renowned for its comfort and exceptional amenities. With over 500 locations spread across the U.S., Mexico, and Canada, each Homewood Suites offers a suite-only accommodation experience that includes essential amenities such as free internet, breakfast, and evening socials.

Established in 1988, Homewood Suites by Hilton has carved its niche in the hospitality industry, boasting more than 57,000 rooms managed mostly by independent franchisees. This brand is part of the Hilton Worldwide family, which includes other prestigious names such as Waldorf Astoria Hotels & Resorts, DoubleTree by Hilton, and Hampton by Hilton.

Investment Information

Opening a Homewood Suites by Hilton franchise involves a significant initial investment which reflects the high standards and robust support provided by the Hilton brand. Here's what you need to know:

• Initial Investment: $21.4 million - $31.9 million
• Initial Franchise Fee: $100,000
• Units as of 2023: 538
• Royalty Fee: 3.5% - 5.5%
• Ad Royalty Fee: 3.5%
• Term of Agreement: 22 years (renewable)

Why Choose Homewood Suites by Hilton?

Investing in a Homewood Suites by Hilton franchise means stepping into a network that's built on decades of industry leadership and innovation. Here's why it's a compelling choice:

• Brand Recognition: Leverage the renowned Hilton name, which is synonymous with quality hospitality worldwide.
• Comprehensive Training: Benefit from extensive training programs, including 134-143 hours of classroom training and ongoing support.
• Marketing and Operational Support: Access to national and regional advertising, a dedicated franchisee intranet platform, and a robust customer loyalty program.
• Third-Party Financing: Available support to cover franchise fees, startup costs, and more.
• Philanthropic Opportunities: Participate in initiatives like the Books for Kids program to promote child literacy.

Franchisee Requirements

As part of the process, potential franchisees should ensure they meet certain financial and operational criteria:

• Financial Readiness: At least the initial investment amount mentioned above.
• Commitment: Full-time dedication to the business (absentee ownership is not allowed).
• Operational Staff: Necessary to have a team of at least 25 employees to run the franchise effectively.

Steps to Become a Franchisee

Interested in becoming a Homewood Suites by Hilton franchisee? Here’s how you can start:

• Complete and submit an inquiry form.
• Engage in thorough due diligence by speaking with existing franchisees and the Homewood Suites by Hilton franchise team.
• Evaluate your financial readiness and the fit of the franchise with your goals.
• Sign the franchise agreement upon meeting all requirements and undergo training to prepare for the grand opening.

Key Takeaways

• Homewood Suites by Hilton is a well-established brand with over 35 years in the hospitality industry.
• The initial investment ranges from $21.4 million to $31.9 million, with ongoing royalty and ad fees.
• Franchisees benefit from extensive training, marketing, and operational support from the Hilton brand.
• Becoming a franchisee requires full-time commitment and a team of at least 25 employees.
• Third-party financing options are available to support your investment in this franchise opportunity.

Ready to explore the opportunity? Download the Franchise Disclosure Document or fill out the free information request form on this page to get started.