Start-Up Costs and Fees |
||
| Home2 Suites | Tapestry Collection by Hilton | |
| Investment | 9102300 - 17456500 | 3005105 - 95336595 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | 3.50% | 4% |
| Year Founded | 2008 | 2016 |
| Year Franchised | 2009 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Home2 Suites | Tapestry Collection by Hilton | |
| Experience | ||
Financing Options |
||
| Home2 Suites | Tapestry Collection by Hilton | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Home2 Suites | Tapestry Collection by Hilton | |
| Training | On-The-Job Training: 1 hour Classroom Training: Varies | Classroom Training: 141-180 hours Additional Training: Online |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | Ongoing Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Supportmn 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 | 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 | Tapestry Collection by Hilton | |
| 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 | |
| International Expansion | Worldwide, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Home2 Suites | |
| Tapestry Collection by Hilton | |
| Franchise Fee | |
| Home2 Suites | |
| Tapestry Collection by Hilton | |
| Royalty Fee | |
| Home2 Suites | 5% |
| Tapestry Collection by Hilton | 5% |
| Advertising Fee | |
| Home2 Suites | 3.50% |
| Tapestry Collection by Hilton | 4% |
| Year Founded | |
| Home2 Suites | 2008 |
| Tapestry Collection by Hilton | 2016 |
| Year Franchised | |
| Home2 Suites | 2009 |
| Tapestry Collection by Hilton | 2016 |
| Term Of Agreement | |
| Home2 Suites | 22 years |
| Tapestry Collection by Hilton | |
| Renewal Fee | |
| Home2 Suites | Same as initial fee |
| Tapestry Collection by Hilton | |
Business Experience Requirements |
|
| Experience | |
| Home2 Suites | |
| Tapestry Collection by Hilton | |
Financing Options |
|
| Franchise Fees | |
| Home2 Suites | |
| Tapestry Collection by Hilton | |
| Start-up Costs | |
| Home2 Suites | |
| Tapestry Collection by Hilton | |
| Equipment | |
| Home2 Suites} | |
| Tapestry Collection by Hilton | |
| Inventory | |
| Home2 Suites | |
| Tapestry Collection by Hilton | |
| Receivables | |
| Home2 Suites | |
| Tapestry Collection by Hilton | |
| Payroll | |
| Home2 Suites | |
| Tapestry Collection by Hilton | |
Training & Support |
|
| Training | |
| Home2 Suites | On-The-Job Training: 1 hour Classroom Training: Varies |
| Tapestry Collection by Hilton | Classroom Training: 141-180 hours Additional Training: Online |
| 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 |
| Tapestry Collection by Hilton | Ongoing Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Supportmn Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Home2 Suites | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Tapestry Collection by Hilton | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Home2 Suites | Number of Employees Required to Run: 30 |
| Tapestry Collection by Hilton | |
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 |
| Tapestry Collection by Hilton | |
| 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 |
| Tapestry Collection by Hilton | |
| International Expansion | |
| Home2 Suites | Worldwide, |
| Tapestry Collection by Hilton | |