Start-Up Costs and Fees |
||
| Hawthorn Suites | Home2 Suites | |
| Investment | 225693 - 12785326 | 9102300 - 17456500 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.50% | 5% |
| Advertising Fee | 2.50% | 3.50% |
| Year Founded | 1986 | 2008 |
| Year Franchised | 1986 | 2009 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hawthorn Suites | Home2 Suites | |
| Experience | ||
Financing Options |
||
| Hawthorn Suites | Home2 Suites | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Hawthorn Suites | Home2 Suites | |
| Training | Available at headquarters, Available at franchisee's location, At regional location | On-The-Job Training: 1 hour Classroom Training: Varies |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, National media | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 30 Absentee ownership of franchise is allowed. | Number of Employees Required to Run: 30 |
Expansion Plans |
||
| Hawthorn Suites | Home2 Suites | |
| 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 | |
| Hawthorn Suites | |
| Home2 Suites | |
| Franchise Fee | |
| Hawthorn Suites | |
| Home2 Suites | |
| Royalty Fee | |
| Hawthorn Suites | 5.50% |
| Home2 Suites | 5% |
| Advertising Fee | |
| Hawthorn Suites | 2.50% |
| Home2 Suites | 3.50% |
| Year Founded | |
| Hawthorn Suites | 1986 |
| Home2 Suites | 2008 |
| Year Franchised | |
| Hawthorn Suites | 1986 |
| Home2 Suites | 2009 |
| Term Of Agreement | |
| Hawthorn Suites | 20 years |
| Home2 Suites | 22 years |
| Renewal Fee | |
| Hawthorn Suites | 50% of current franchise fee |
| Home2 Suites | Same as initial fee |
Business Experience Requirements |
|
| Experience | |
| Hawthorn Suites | |
| Home2 Suites | |
Financing Options |
|
| Franchise Fees | |
| Hawthorn Suites | No |
| Home2 Suites | No |
| Start-up Costs | |
| Hawthorn Suites | |
| Home2 Suites | |
| Equipment | |
| Hawthorn Suites} | |
| Home2 Suites | |
| Inventory | |
| Hawthorn Suites | |
| Home2 Suites | |
| Receivables | |
| Hawthorn Suites | |
| Home2 Suites | |
| Payroll | |
| Hawthorn Suites | |
| Home2 Suites | |
Training & Support |
|
| Training | |
| Hawthorn Suites | Available at headquarters, Available at franchisee's location, At regional location |
| Home2 Suites | On-The-Job Training: 1 hour Classroom Training: Varies |
| Support | |
| Hawthorn Suites | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| 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 |
| Marketing | |
| Hawthorn Suites | Co-op advertising, Ad slicks, National media |
| Home2 Suites | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Hawthorn Suites | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 30 Absentee ownership of franchise is allowed. |
| Home2 Suites | Number of Employees Required to Run: 30 |
Expansion Plans |
|
| US Expansion | |
| Hawthorn Suites | |
| 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 |
| Canada Expansion | |
| Hawthorn Suites | |
| Home2 Suites | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Hawthorn Suites | |
| Home2 Suites | Worldwide, |