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62. Homewood Suites

Last Year's Rank: 65

Investment Range: $11,047,200 - $22,076,650

Initial Franchise Fee: $75,000

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’s hotels are located throughout North America, and the majority of units are franchised. Amenities include full kitchens and social events.

Homewood Suites also provides accommodations like business centers, swimming pools, convenience stores and meeting facilities.

Company Statistics

Global Sales: $2,150,000,000*

US Units: 458

International Units: 24

Total Units: 482

Percent Franchised: 95%

% International Units: 5%

US Franchised Units: 439

International Franchised Units: 21

Sales Growth %: 11.7%

Unit Growth %: 6.9%

*Franchise Times Estimate

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