Homewood Suites by Hilton

  • Promus Hotels, Inc.
7930 Jones Branch Dr.
mcLean, VA 22102
  • (800) 286-0645 / (703) 883-1000
  • (703) 442-3110 (Fax)

The Homewood Suites by Hilton brand offers spacious suites and home-like amenities, including an on-site Suite Shop convenience store, complimentary grocery shopping services (guests pay for groceries), a complete business center, and laundry services at most locations. The innovative brand is a guest favorite among both business and leisure travelers, consistently taking the top spot on key satisfaction studies. Homewood Suites by Hilton is part of Hilton Hotels Corporation, the leading global hospitality company with more than 3,000 hotels and 500,000 rooms in 74 countries and territories, with more than 135,000 team members worldwide. T

Franchisor Background

Year Established: 1988

Franchising Since: 1988

Operating Units

Franchised Units 264 85.7%
Company-Owned Units 44 14.3%
Total Operating Units 308 100%

Geographic Distribution

USA 260 96.7% In 42 States
Canada 8 3.0% In 2 Provinces
International 1 0.4% In 1 Foreign Countries
Total 269 100%

Multi-Unit Operators

Multi-Unit Operators N/A
Franchises Owned by Multi-Unit Operators N/A

North American Unit Density

Density Units
Texas 38
Florida 24
California 17

Registered in the following Registration States

California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District of Columbia, Alberta

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Support and Training

General Information

IFA Member Yes
CFA Member No
Franchisee Association? No
Size of Corporate Staff 2,332
Site Selection
Assistance
No
Lease Negotiation Assistance Yes
Financial Assistance Yes, Indirect

Marketing Support

Co-Op Advertising Yes
National Advertising No
Regional Advertising No
Local Advertising No

Ongoing Support

Central Data Processing N/A
Central Purchasing N/A
Field Operation Evaluation Included
Field Training Included
Initial Store Opening Included
Inventory Control N/A
Franchisee Newsletter Included
Regional or National Meetings Yes, at additional cost
800 Telephone Hotline Included

Training

Memphis, TN 2 Weeks
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Financial Requirements

Investment

Minimum Net Worth $50K/Rm.
Cash Investment $60K
Total Investment $10.1-17.8MM
Average Total Investment $10.6MM

Fees

Initial Franchise Fee $60K Min.
Average Franchise Fee $60K
On-Going Royalty 4% Gross Rm. Rev
Average Royalty 4%
Advertising Fee 4% GrRmRev

Site Information and Requirements

Average Number of Full-Time Employees 25
Average Number of Part-Time Employees 0
Space Needs (in square feet) 110,000
Preferred Site Types Free Standing Building
Encourages Conversions Yes
Item 19 (Earnings Claim) Provided? No
Listed in the SBA Registry? No
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Franchisee Qualifications

Financial Net Worth 5
General Business Experience 5
Specific Industry Experience 5
Formal Education 3
Psychological Profile 1
Personal Interviews 3
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Terms of Contract

Term of Initial Contract 22
Term of Renewal Period 10-20
Passive Ownership? Allowed, but discouraged
Area Development
Agreements?
No
Sub-Franchisor
Contracts?
No
Franchisees Allowed to Expand Within Territory? Yes
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Expansion Plans

Projected New Units Over Next 12 Months N/A
USA Yes, All United States
Canada Yes, All Canada
Overseas Yes, Mexico, Latin America, Europe, Asia, All Countries
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Request Information for Homewood Suites by Hilton

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