Homewood Suites
Lodging & Hospitality · Hotels, Resorts
Description
What is Homewood Suites?
Each Homewood Suites property features thoughtfully designed studio, one-bedroom, and two-bedroom suites equipped with full kitchens, separate living areas, and comfortable workspaces. This layout particularly appeals to both business travelers on extended assignments and families seeking extra space and convenience.
The brand's signature 'Suite Success' service culture encompasses complimentary hot breakfast daily, evening social hours, and convenient grocery shopping services. Properties typically offer additional amenities such as fitness centers, business centers, and swimming pools, ensuring guests have everything they need for a comfortable extended stay.
Strategically positioned in both urban and suburban locations across North America, Homewood Suites maintains high standards of quality and service while adapting to local market needs. The brand's commitment to guest satisfaction is evident in their consistent delivery of attentive service and well-maintained facilities.
As part of the Hilton family, Homewood Suites benefits from the robust Hilton Honors loyalty program, offering guests the ability to earn and redeem points across the global Hilton network. This connection to one of the world's largest hospitality companies provides franchisees with access to industry-leading technology, marketing resources, and operational support systems.
- Hilton portfolio brand recognition strength
- 35-year proven operational track record since 1989
- Substantial system scale with 511+ active units
- Premium suite-style accommodation offerings
- Comprehensive franchisor support infrastructure
- Premium market positioning with significant investment barriers
Location Analysis
Where Homewood Suites wins
The brand's exceptional guest satisfaction ratings across its reviewed locations suggests outstanding operational consistency, particularly notable in the competitive upscale extended-stay segment. Market positioning emphasizes proximity to corporate offices, medical centers, and transportation hubs, with successful locations typically situated in suburban business districts or near major airports.
Expansion opportunities exist particularly in the Midwest and Mountain regions, where coverage is less extensive. Ideal locations demonstrate strong corporate presence, household incomes above $75,000, and robust commercial development. Key success factors include sites with minimum 2-acre parcels, visibility from major thoroughfares, and proximity to retail/dining amenities.
The brand shows particular strength in secondary markets where full-service hotels are limited but corporate demand remains strong. New franchisees should focus on growing metropolitan areas with diverse economic bases and strong business travel patterns, while maintaining strategic distance from existing Homewood properties to ensure market optimization.
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Financial Analysis
The numbers behind Homewood Suites
Financing partners
Vetted partners, tailored to franchisees
Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.
FranFund
CRF USA
Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.
First Bank of the Lake
Pension Pros
FDD Item 7
Initial investment range
Per FDD Item 7, total initial investment ranges from $20,826,065 to $32,504,195. The midpoint $26,665,130 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.
Growth over time
Franchise footprint
2024 Franchise Disclosure
FDD documents
Below are items 2, 3, 4, 7, 11 and 19 for Homewood Suites's 2024 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.
Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.
Buyer FAQs
Frequently asked questions
The initial investment for a Homewood Suites franchise typically ranges between $20,826,065.00 and $32,504,195.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.
Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.
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