Home2 Suites by Hilton

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Home2 Suites by Hilton
Company typeSubsidiary
IndustryExtended Stay Hotel
Founded2009; 15 years ago (2009)
FounderHilton Hotels Corporation
Headquarters
Memphis, Tennessee
,
United States
Number of locations
384 (as of December 31, 2019)[1][2]
Area served
United States, Canada, Mexico
Key people
Bill Duncan
(Global Head)[3]
ParentHilton Worldwide
Websitewww.home2suites.com

Home2 Suites by Hilton is an American all-suite extended-stay hotel featuring contemporary accommodations and customizable guest room design. It competes with TownePlace Suites by Marriott and InterContinental Hotels Group's Candlewood Suites. The Memphis, TN originated hotel brand targets both business and leisure travelers.[4] Launched in January 2009, Home2 Suites by Hilton was the first new brand introduced by Hilton Worldwide in 20 years.[5] As of December 2019, it has 384 properties with 40,373 rooms in 2 countries and territories, including three that are managed with 313 rooms and 381 that are franchised with 40,060 rooms.[1]

History[edit]

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.[7]

Design and construction[edit]

Home2 Suites by Hilton in Gillette, Wyoming

Home2 Suites interiors and exteriors were originally designed by Cincinnati-based design, architecture and brand strategy firm FRCH Design Worldwide. The majority of Home2 Suites hotels will be new constructions and follow a standard layout and design model.[8] Properties are constructed in less than one year and usually feature 108 suites, 56,658 total square feet of property, 4,200 square feet (390 m2) of community space, 323-square-foot (30.0 m2) studios, 490-square-foot (46 m2) one-bedroom suites, a four-story wood-frame construction and a building footprint of under 2 acres (8,100 m2).[9]

Accommodations[edit]

U.S. Americas
(excl. US)		 Europe Middle E.
& Africa		 0Asia 0
Pacific		 Total
2013[10] Properties 26 1 27
Rooms 2,831 97 2,928
2014[11] Properties 43 2 45
Rooms 4,502 224 4,726
2015[12] Properties 71 2 73
Rooms 7,376 224 7,600
2016[13] Properties 126 3 129
Rooms 13,032 317 13,349
2017[14] Properties 201 3 204
Rooms 20,698 317 21,015
2018[15] Properties 285 5 290
Rooms 29,582 543 30,125
2019[16] Properties 377 7 384
Rooms 39,620 753 40,373
2020[17] Properties 456 7 463
Rooms 48,004 753 48,757
2021[18] Properties 514 7 2 523
Rooms 53,806 753 275 54,834
2022[19] Properties 547 7 22 576
Rooms 57,290 753 3,309 61,352
2023[20] Properties 595 10 47 652
Rooms 62,479 1,041 6,916 70,436

References[edit]

  1. ^ a b "Inline XBRL Viewer". www.sec.gov. Retrieved August 19, 2020.
  2. ^ "Home2 Suites by Hilton Orlando South Park Opens".
  3. ^ "Bill Duncan: Executive Profile & Biography". Bloomberg.
  4. ^ De Lollis, B. (February 7, 2011). "Hilton opens first Home2 Suites extended stay hotel". USA Today. USAToday.Travel. Archived from the original on February 11, 2011.
  5. ^ Sainz, A. (February 2, 2011). "Hilton opening first new brand in 20 years". Associated Press.
  6. ^ "Home2 Suites by Hilton Orlando South Park Opens". Hilton Press Center. Retrieved September 3, 2018.
  7. ^ "Hilton and Country Garden Announces New Strategic Cooperation to Develop 1,000 Home2 Suites by Hilton(R) in China". PRNewswire. June 24, 2020.
  8. ^ Olivo, B. (September 8, 2010). "South Texas Building slated to house Home2 Suites". San Antonio Express-News.
  9. ^ "Home2 Suites arrives". Lodging. January 7, 2011.
  10. ^ "2013 Annual Report" (PDF). www.ir.hilton.com. p. 7.
  11. ^ "2014 Annual Report" (PDF). www.media.investis.com. p. 8.
  12. ^ "2015 Annual Report" (PDF). www.ir.hilton.com. p. 8.
  13. ^ "2016 Annual Report" (PDF). www.corporatereport.com. p. 9.
  14. ^ "2017 Annual Report" (PDF). www.corporatereport.com. p. 9.
  15. ^ "2018 Form 10-K". www.sec.gov. p. 7.
  16. ^ "2019 Form 10-K" (PDF). www.corporatereport.com. p. 8.
  17. ^ "2020 Annual Report" (PDF). www.corporatereport.com. p. 9.
  18. ^ "2021 Form 10-K" (PDF). www.corporatereport.com. p. 10.
  19. ^ "2022 Form 10-K" (PDF). www.stories-editor.hilton.com. p. 10.
  20. ^ "2023 Form 10-K" (PDF). www.stories-editor.hilton.com. p. 10.

External links[edit]

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