Search results
Results from the WOW.Com Content Network
Home2 Suites by Hilton opened its first property in Fayetteville, North Carolina in February 2011. It opened its 50th hotel in 2015. [6]In June 2020, Hilton has signed an exclusive management license agreement with Country Garden's Fanyard Hotels to introduce and develop the Home2 Suites by Hilton brand in China and planned to build more than 1,000 Home2 Suites in China.
The franchise model makes Hilton Worldwide a more profitable company along with increasing its value for shareholders due to it having less capital and being able to focus more on its brand. Many of Hilton's flagship properties, airport properties, and largest resorts, however, are corporately managed.
In 2004, IHG acquired the Candlewood Suites brand, a midscale extended stay hotel brand with 108 franchised properties in the United States, for $15 million. [ 23 ] [ 24 ] IHG divested its soft drink holdings in 2005, selling its 48 percent stake in Britvic for £371 million through an initial public offering .
The Home2 Suites by Hilton in Plain Township has sold for $5.8 million, according to the latest real estate transfers in Stark County.
The Home2 Suites by Hilton in Plain Township has sold for $5.8 million, according to the latest real estate transfers filed with Stark County.
A franchise disclosure document (FDD) is a legal document which is presented to prospective buyers of franchises in the pre-sale disclosure process in the United States.It was originally known as the Uniform Franchise Offering Circular (UFOC) (or uniform franchise disclosure document), prior to revisions made by the Federal Trade Commission in July 2007.
Homewood Suites by Hilton is an American chain of all-suite residential-style hotels owned by Hilton Worldwide.As of December 2019, the chain consists of 505 hotels in 4 countries and territories with 57,545 rooms. 490 Homewood Suites hotels are independently owned and operated by franchisees with 55,899 rooms, while 15 hotels are managed with 1,646 rooms. [1]
U.S. Franchise Systems was a franchise company that owned Microtel Inns and Suites and Hawthorn Suites. [1] It was founded in 1995 by Michael A. Leven and his nephew Neal Aronson . In March 1996, the company acquired the franchise rights to Hawthorn Suites, and acquired full ownership of the brand on March 12, 1998.