Homewood Suites Franchise Review

Franchise Facts

How much does a Homewood Suites franchise cost?

Homewood Suites has a franchise fee of up to $75,000, with a total initial investment range of $9,874,500 to $20,475,750.

  • Initial Franchise Fee: $75,000
  • Total Investment: $9,874,500 to $20,475,750
  • Working Capital: $200,000 to $600,000
  • Royalty Fee: 6%

The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.

How much does a Homewood Suites franchise make?

Franchise revenue and profits depend on a number of unique variables, including local demand for your product, labor costs, commercial lease rates and several other factors. We can help you figure out how much money you can make by reviewing your specific situation. Please unlock this franchise for more information.

How many franchise locations do they have?

As of the 2015 Franchise Disclosure Document, there are 458 franchised Homewood Suites locations in the USA.

Are there any Homewood Suites franchise opportunities near me?

Based on 2015 FDD data, Homewood Suites has franchise locations in 48 states plus DC. The largest region is the South with 221 franchise locations.

AK
AL
AR
AZ
CA
CO
CT
DC
DE
FL
GA
IA
ID
IL
IN
KS
KY
LA
MA
MD
ME
MI
MN
MO
MS
MT
NC
ND
NE
NH
NJ
NM
NV
NY
OH
OK
OR
PA
RI
SC
SD
TN
TX
UT
VA
VT
WA
WI
WY


This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand. Unlock to learn more and connect with our experts.

Last Reviewed: 2015

Homewood Suites is a Franchise Grade Made The Grade™ franchise, which means it's ranked highly by our analysts!

Homewood Suites Franchise Stats

Total Investment

$9,874,500 - $20,475,750
Franchise Fee

$75,000
Franchise Agreement
Initial Term
22 Years
Renewal Term
0 Years
Franchisee Outlet Growth
2010
294
2014
342
Ongoing Fees
Royalty
5.5%
Ad Fees
N/A
# of Franchised Outlets

299

Additional Questions

Do they provide any initial training and opening assistance?

Yes, they have an initial training program of 0 hours. This includes . In their FDD they outline who’s in charge of the training. Unlock to find out more.

Online 0
On-the-Job 0
Classroom 0
Total 0

Do they offer Territory Rights?

Homewood Suites does NOT offer exclusive territories.

Do they have computer and technology support in place?

No. But in some instances, franchises may not need to offer support.

When did they begin franchising?

They began franchising in 1982. The average Hotel franchise began franchising in 1998.

Do they offer financing support?

Yes, you can also click here to fill out our affordability calculator and understand your financing options.
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Our Franchise Analysts have prepared detailed notes about Homewood Suites, covering topics such as system growth, closures and turnover, financial transparency, initial and renewal terms, and royalties. Access is free, instant, and unlimited!

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  • What are the historical franchisee revenues?
  • Do they have any lawsuits?
  • Do they provide Veteran or First Responder Discounts?
  • Do they provide Minority Discounts?
  • Do they use public figures to promote their franchise?
  • Do they disclose any bankruptcies?
  • Are they affiliated with any other franchise brands?
  • How many new outlets have they sold in the last 5 years?
  • How many franchised outlets have closed in the last 5 years?
  • How many franchised outlets have terminated in the last 5 years?
  • Do they operate any company or affiliate outlets?
  • How long is their initial term length?
  • How do they solve franchisee disputes?
  • Are you required to work in the outlet or is this a passive investment opportunity?
  • Do they provide discounts for buying more than one franchise?