Homewood Suites by Hilton Franchise
Homewood Suites by Hilton is a franchise for a hotel with residential style suites. It was founded in 1989 and the first location was opened in Omaha, Nebraska. It used to be owned by Promus Hotel Corporation along with Hampton Inn, Doubletree, and Embassy Suites.
In 1999, Promus Hotel Corporation was purchased by Hilton. It cost them $3.1 billion dollars. Its top competitors are Residence Inn and Staybridge Suites by Marriott. They now have 306 operational hotels and 75 more that are still under developed. In 2010, it was named by the J.D. Power & Associates North America Hotel Guest Satisfaction Index as the “Top Extended-Stay Hotel” and in 2011, it was awarded by Harris Interactive the “2011 Extended-stay Hotel Brand of the Year”. They have also done some programs that benefit the community such as their partnership with “Books for Kids”. They created Lewis the Duck as a cartoon character in a book that wears the Homewood Suites logo. It has been made part of the Macy’s Thanksgiving Day Parade in 2010 and will be until 2012. It’s a first for a hotel brand to be featured in the parade.
What type of accommodation do they have at Homewood Suites by Hilton?
Homewood Suites guest suites have 2 rooms. It includes a private bedroom. The other room is a living room with a kitchen that is fully equipped. The kitchen has granite countertops, a refrigerator that is full-sized, a two burner stove, microwave, and a dish washer. The living room also have LCD flat panel televisions and two phone lines that has voicemail. They also offer the “Suite Dreams” bedding package. Bedding packages are signatures at Hilton Hotels.
What additional amenities do Homewood Suites by Hilton offer?
These amenities may differ in every location. Every morning, there is a complimentary suite start breakfast. In the evening, they have the welcome home dinner reception. This is usually available from Mondays till Thursdays. High speed internet access is complimentary in every guest room, public areas, and meeting rooms. Their meeting spaces are flexible and have more than 3500 square feet of space. Some of the top floors have heated indoor swimming pools. For longer stays, they have the guest laundry facility. If you get too busy, you can also avail of their grocery shopping service that is complimentary. The facility also has a “lodge” where guests can socialize. Generally, locations also have an on-site 24 hour convenience store and recreation options.
Costs and Requirements Associated with Running a Homewood Suites by Hilton Franchise?
Expect to be investing about $10,121,000 to $17,813,000. The Homewood Suites by Hilton Franchise fee is $60,000 with an on-going royalty fee of 4%. This is for a renewable 22 year term agreement. You need about 25 employees to run one location. They allow absentee ownership.
What’s included in the franchise package?
There will be 2 weeks training at their corporate office of Homewood Suites by Hilton in Memphis, Tennessee. You will be receiving newsletters, a toll free number, and assistance at grand opening. You will be attending meetings and expecting occasional field evaluations. You will also be given access to the internet and a purchasing cooperative. For marketing, there will be co-op advertising, ad slicks, regional advertising, and national media.
Homewood Suites Contact Details
You May Reach Them At:
Address: 7930 Jones Branch Dr. McLean, Virginia 22102
Phone: (800)286-0645 or (703)883-1000