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69. Homewood Suites

Last Year's Rank: 71

Investment Range: Over $1 Million

Category: Hotel/Travel

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Company Description

Homewood Suites is an upscale, extended-stay hotel brand held by Hilton Worldwide, which is in turn owned by the equity and investment firm The Blackstone Group. The chain consists of more than 380 hotels with more than 43,000 rooms throughout North America. More than 90 percent of these units are owned by franchisees.

Homewood Suites provide residential style accommodations like business centers, swimming pools, convenience stores and meeting facilities.

Company Statistics

Global Sales: $1,725,000,000*

US Units: 400

International Units: 18

Total Units: 418

Percent Franchised: 94%

% International Units: 4%

US Franchised Units: 375

International Franchised Units: 16

Sales Growth %: 9.5%

Unit Growth %: 8.0%

*Franchise Times Estimate

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