Home2 Suites by Hilton

Thinking of investing in a Home2 Suites by Hilton franchise? We think it’s a great opportunity for anyone looking to open a business with an experienced franchisor behind them. Founded in 2008, Home2 Suites by Hilton specializes in Midprice extended-stay hotels. As a Hotels & Motels franchise, Home2 Suites by Hilton has grown to include over 411 (as of 2020) units since they began franchising in 2009 (12 years). It costs an estimated $9,111,295 – $17,474,775 to open a Home2 Suites by Hilton franchise.

About Home2 Suites by Hilton

Home2Suites by Hilton is an all-suite extended-stay hotel brand from Hilton Worldwide.

Home2 Suites by Hilton, one of the fastest-growing brands in Hilton’s history, 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 by Hilton offers complimentary breakfast selections; 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.

WHAT MAKES HOME2 DIFFERENT?

Home2Suites by Hilton™ is a compelling and breakthrough alternative to the mid-scale, extended-stay marketplace, delivering:

Authenticity: an exciting new design style and Brand personality signature to the property – from first-arrival and registration to the guestroom experience.

The “Oasis”: our expanded community spaces create a sense-of-place with impressive flexibility for working, gathering, relaxing, or catching-up on life.

An Innovative Guestroom Design: providing distinctive work, relax, and sleep areas with a full kitchen, expanded storage, and an unexpected sense of style.

More Amenities and Services: including a complimentary continental breakfast, the market pantry, fitness & activity room, walking/exercise course, indoor pool, and more.

Company Founded

2008

Current Leadership

Christopher Nassetta, CEO

Started Franchising

2009 (12 years)

Total Number of Units

411 (as of 2020)

Part-Time / Full-Time

Full Time

Stock Ticker Symbol

HLT

How Much Does It Cost To Open A Home2 Suites by Hilton Franchise?

There are several costs associated with opening a Home2 Suites by Hilton franchise. There is typically a franchise fee set by the franchisor, which covers the costs of opening a franchise location. Some other commons fees include equipment fees, marketing fees, licensing fees, insurance, and taxes, to name a few.

Some franchises may have a weekly fee that the franchisee pays for operating a Home2 Suites by Hilton franchise. The weekly fee for opening a Home2 Suites by Hilton franchise is Royalty Fee Due On The 15Th Of Each Month.

The full breakdown of these fees can be found in the Financial Disclosure Document (FDD) provided to franchisees by the franchisor. The FDD report will contain additional information such as whether the franchise is renewable (Home2 Suites by Hilton Is Renewable) and does the franchise offer financing support (Home2 Suites by Hilton Home2 Suites by Hilton has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll).

Home2 Suites by Hilton Company Details

Here are some additional details about Home2 Suites by Hilton.

Parent Company	Hilton
Initial Investment	$75,000
Veteran Incentives	Varies
Royalty Fee	5%
Ad Royalty	3.50%
Term of Agreement	22 years
Absentee Ownership	No
Run from Home	No
Part Time	No

Training and Support Offered By Home2 Suites by Hilton

Home2 Suites by Hilton offers several support options to its franchisees. With 411 (as of 2020) units, Home2 Suites by Hilton aims to provide support to each franchise owner to help them operate a successful franchise location. Home2 Suites by Hilton offers 1 hour on the job training, 159-174 hours classroom training, and No additional training.

Training and Support Offered

Here are the support options offered by Home2 Suites by Hilton.

On-The-Job Training	1 hour
Classroom Training	159-174 hours
Additional Training	No
Ongoing 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 Support	Co-op Advertising Ad Templates National Media Regional Advertising Social Media SEO Website Development Email Marketing Loyalty Program/App

Is Home2 Suites by Hilton Right For You?

Home2 Suites by Hilton has gone digital! Here are all of the ways you can find Home2 Suites by Hilton online. Oftentimes, you can reach out to current franchisees of Home2 Suites by Hilton online. Current franchisees may be able to offer personalized insights into what it is like owning a Home2 Suites by Hilton franchise and offer tips to running a successful Home2 Suites by Hilton franchise location.

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Why Should You Start a Home2 Suites by Hilton Franchise?

Investing in a Travel franchise such as Home2 Suites by Hilton can kickstart your franchise portfolio. Our goal at Why Franchise is to provide you with the resources needed to be a successful franchise owner. Fill out the form below to get more information about Home2 Suites by Hilton franchise and we'll be in touch soon!

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