Start a Homewood Suites Franchise

0 comment
8,422 views

Are you decided to start a Homewood Suites Franchise? We have what it takes for you to become a Homewood Suites Franchisee.

Franchise is a great way to be an entrepreneur since you will be having a built-in market and proven product or service.

If you think starting a business from scratch scares you, buying an existing franchise from a reliable company will be the best move that you can do. In becoming a franchisee, you will be starting and running a business that has track record of success and can provide you with right and valuable methods to obtain success.

Hotel industry is one of the industries that have a lot of opportunities to offer. So if you are planning to go with hotel industry, becoming a Homewood Suites franchisee could be a start on making your dreams come true. As a franchisee of Homewood Suites, you will be having the rights to market and distribute their trademarked product or service in exchange for royalties. Indeed, starting Homewood Suites franchise will be the best opportunity that you can grab especially if you do not have enough business experience. From the very start of being a franchisee, you will have endless support system that will enable you to do what are right for the business.

Homewood Suites was founded in the year 1988 and start franchising by the same year. The company is designed to ensure that all of the guests feel at home. Homewood Suites provide guests all the comfort, privacy and convenience that they ever dreamed of for the price of a traditional hotel room. As you look into a suite you will find lots of features that will attract you, you will see that there is separate living and sleeping areas and the kitchen is fully equipped with dishwasher, coffeemaker, two-burner stove, refrigerator, and microwave.

There are also other features that guests can enjoy with Homewood Suites and these are 24-hour Suite Shop® convenience store, swimming pool, guest laundry facilities on-site and exercise facility. Homewood Suites attracts leisure and business guests with all of the features, services, and amenities it offers.

As you start a Homewood Suites franchise, you will be part of the one of the fastest-growing segments in the hotel industry. As you become a part of Homewood, you will not only be developing a hotel but you will be developing a relationship with the whole Hilton Family of Hotels.

The total investment of Homewood Suites is $10,100,000-$17,800,000. The initial franchise fee is $60,000. Four percent is the royalty fee. Twenty years is the terms of agreement. The renewal fee is the same with the initial fee.

As a franchisee, you will be given training in Memphis, TN, corporate office for two weeks. You will be provided with ongoing supports such as grand opening, newsletter, toll-free phone line, internet, meetings, field operations/evaluations, security/safety procedures, and purchasing cooperatives.

As soon as you start a Homewood Suites Franchise, you will be given with marketing support as well. The marketing supports are co-op advertising, ad slicks, national media, and regional advertising.

<< Howard Johnson Franchise Information

How to Start Hilton Hotels and Resorts Franchise >>

Start a Homewood Suites Franchise

Comment

Categories

Popular Articles