FranchiseVerdict
Home2 Suites by Hilton logo
FV-01211·MODERATEStandard76

Home2 Suites by Hilton

Lodging - Hotels & MotelsFranchising since 2009Website
Investment
$18.1M – $26.6M
81st pct Hotels & Mote…
Avg revenue
7th pct Hotels & Mote…
Royalty
6.0%
74th pct Hotels & Mote…
Units
731
94th pct Hotels & Mote…
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $18.1M – $26.6M including a $100K franchise fee, 6.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 61/100. SBA loan default rate of 0.0% across 8 loans (below the industry average).
  • 16 litigation matters disclosed in Item 3 — higher than typical. Review the summary for patterns (franchisor-initiated vs. franchisee-initiated).

Item 1 · who you're contracting with

The Franchisor

Legal entity
Hilton Franchise Holding LLC
Parent company
Hilton Domestic Operating Company Inc.
Incorporated in
Delaware
HQ
7930 Jones Branch Drive, Suite 1100, McLean, Virginia 22102
Auditor
Cherry Bekaert LLP
Audited financials
Franchisor revenue
$1.6B
vs $1.5B prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Home2 Suites by Hilton unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: hospitality
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $18.1M–$26.6M
Working capital
$
FDD reports $400K–$800K

Unlevered ROIC · per unit

0%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$79K
EBITDA margin
10.5%
Total invested
$22.9M
Payback
3492 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

Home2 Suites franchisees operate extended-stay hotels (kitchenette suites, 1-2 bedroom units) under Hilton's brand standards. Day-to-day operations include managing 100-200+ suite units, housekeeping/maintenance, front desk, reservation coordination, guest services, and revenue management—with mandatory use of Hilton's revenue optimization software systems (IDeaS/Amadeus/CoStar-STR) for room rate pricing.

CEO
Christopher J. Nassetta
Founded
2007
FDD year
2026
States available
49

Item 7 · what it costs

The Vitals

Total investment
$18.1M – $26.6M
All-in to open one unit
Liquid capital
$400K – $800K
Cash you must have on hand
Franchise fee
$100K
Royalty
6.0%
Gross Rooms Revenue · typical 6–8%
Ad fund
3.5%
typical 3–5%
Total fee load
9.5%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
731
Opened
68
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
+10.3%
Net unit change last year
3-yr CAGR
+22.9%
Compounded over last 3 years
2024
731+68
Franchised units
2025
663
Franchised units
2026
595
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 27 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 27 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
8
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

61
Risk · 0-100
MODERATE61 / 100

High capital entry, active litigation involving alleged price-fixing and consumer protection violations, unprotected territory with system expansion, and lack of financial performance disclosure create substantial risk for $20M+ investment.

Score breakdown · what drove the 61 / 100 rating

  1. 01MEDExtremely high capital requirement ($18M-$26.5M) with no disclosed average unit volumes or net income to validate ROI
  2. 02HIGHActive antitrust litigation alleging price-fixing through revenue management software affecting entire system credibility and potential liability
  3. 03HIGHState-level consumer protection litigation (TX, Nebraska) regarding mandatory fee disclosure suggests systemic compliance issues
  4. 04MINORNo protected territory combined with 10.3% YoY growth saturating markets without franchisee exclusivity
  5. 05MINOR6% royalty on gross rooms revenue (not net) creates ongoing pressure during economic downturns
  6. 06MEDItem 19 financial performance representations not disclosed, making it impossible to validate investment thesis

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Protected territory
No
Initial term
22 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
16
Right of first refusal
No
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Owner-operator
Optional
Governing law
New York

Item 11

Training & Operations

Classroom training
123 hrs
On-the-job training
4 hrs
POS system
PEP (Property Engagement Platform) / OnQ
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

40 numbers

Locked
(182) 323-••••
AV, LLC, Broken Arrow, OK,
OK
(706) 854-••••
BCH FORT WORTH PARTNERS, LLC, Fort Worth Cultural District, TX,
GA
(702) 821-••••
TC Heritage Inn
NV

One-time purchase · CSV download · Validation questions included

FDD download

Home2 Suites by Hilton · FDD (2026) PDF

Single-page checkout · instant download · CSV export of contacts available separately above