Key Metrics
Min Investment
$20,824,955
Total Units
545
Total Operators
545
Royalty Fee
5.5% of gross rooms revenue
Founded
1989
Financial Requirements
Liquid Capital Required
$4,750,000
Net Worth Required
$10,000,000
Franchise Fee
$100,000
Total Investment
$20,824,955 - $32,522,797
Recent News
"Homewood Suites, part of Hilton's portfolio, continues its strong growth trajectory with new openings and a robust development pipeline in 2024-2025. Recent news highlights include new hotel permits in the US and international expansion, reflecting Hilton's overall record growth in rooms and pipeline. The brand remains a key player in the extended-stay segment."
Operations & Support
Training Provided
- Initial Training: 2 weeks
- On-site Training Available
- Ongoing Support
Terms & Agreement
- Term Length: 10 Years (Renewable)
- Territory Protection: Available
- Absentee Ownership: Not Allowed
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Quick Facts
Headquarters7930 Jones Branch Drive, Suite 1100, McLean, Virginia 22102
Operating RegionsUSA, Canada, Mexico, Costa Rica, Dominican Republic
Social Profiles
Franchising Since1989
FinancingThird-party
Veteran DiscountNo