Start-Up Costs and Fees |
||
| Home2 Suites | Aston Hotels and Resorts | |
| Investment | 9102300 - 17456500 | 250000 - 500000 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | 3.50% | |
| Year Founded | 2008 | 0 |
| Year Franchised | 2009 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Home2 Suites | Aston Hotels and Resorts | |
| Experience | ||
Financing Options |
||
| Home2 Suites | Aston Hotels and Resorts | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Home2 Suites | Aston Hotels and Resorts | |
| Training | On-The-Job Training: 1 hour Classroom Training: Varies | |
| 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 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Number of Employees Required to Run: 30 | |
Expansion Plans |
||
| Home2 Suites | Aston Hotels and Resorts | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | 0 |
| International Expansion | Worldwide, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Home2 Suites | |
| Aston Hotels and Resorts | |
| Franchise Fee | |
| Home2 Suites | |
| Aston Hotels and Resorts | |
| Royalty Fee | |
| Home2 Suites | 5% |
| Aston Hotels and Resorts | |
| Advertising Fee | |
| Home2 Suites | 3.50% |
| Aston Hotels and Resorts | |
| Year Founded | |
| Home2 Suites | 2008 |
| Aston Hotels and Resorts | 0 |
| Year Franchised | |
| Home2 Suites | 2009 |
| Aston Hotels and Resorts | 0 |
| Term Of Agreement | |
| Home2 Suites | 22 years |
| Aston Hotels and Resorts | |
| Renewal Fee | |
| Home2 Suites | Same as initial fee |
| Aston Hotels and Resorts | |
Business Experience Requirements |
|
| Experience | |
| Home2 Suites | |
| Aston Hotels and Resorts | |
Financing Options |
|
| Franchise Fees | |
| Home2 Suites | |
| Aston Hotels and Resorts | |
| Start-up Costs | |
| Home2 Suites | |
| Aston Hotels and Resorts | |
| Equipment | |
| Home2 Suites} | |
| Aston Hotels and Resorts | |
| Inventory | |
| Home2 Suites | |
| Aston Hotels and Resorts | |
| Receivables | |
| Home2 Suites | |
| Aston Hotels and Resorts | |
| Payroll | |
| Home2 Suites | |
| Aston Hotels and Resorts | |
Training & Support |
|
| Training | |
| Home2 Suites | On-The-Job Training: 1 hour Classroom Training: Varies |
| Aston Hotels and Resorts | |
| Support | |
| Home2 Suites | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Aston Hotels and Resorts | |
| Marketing | |
| Home2 Suites | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Aston Hotels and Resorts | |
| Operations | |
| Home2 Suites | Number of Employees Required to Run: 30 |
| Aston Hotels and Resorts | |
Expansion Plans |
|
| US Expansion | |
| Home2 Suites | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Aston Hotels and Resorts | |
| Canada Expansion | |
| Home2 Suites | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Aston Hotels and Resorts | 0 |
| International Expansion | |
| Home2 Suites | Worldwide, |
| Aston Hotels and Resorts | |