HomeTowne Studios hotel
Franchise research report · reviewed 2025 disclosure data
Researching HomeTowne Studios hotel franchise opportunities? Every figure below is cited to the FDD.
HomeTowne Studios franchises operate extended-stay lodging facilities. Franchisees own and operate guest lodging locations under the HomeTowne Studios name.
Headline figures
HomeTowne Studios hotel quick facts
- Is HomeTowne Studios hotel a franchise?
- Yes. HomeTowne Studios hotel offers franchises through a Franchise Disclosure Document. At the end of 2024, it reported 45 franchised and 0 company-owned outlets (2025 FDD, Item 20, PDF p. 66).
- What ongoing fees does HomeTowne Studios hotel charge?
- The disclosed ongoing royalty is 5.5% (2025 FDD, Item 6, PDF p. 17). The brand or advertising fund contribution is 3% (2025 FDD, Item 6, PDF p. 17). Other recurring fees are listed in Item 6. Details
- Does HomeTowne Studios hotel disclose financial performance (Item 19)?
- Yes. The HomeTowne Studios hotel FDD includes an Item 19 financial performance representation (2025 FDD, Item 19, PDF p. 64). Figures apply only to the locations and period each one covers. Details
- How many HomeTowne Studios hotel locations are there?
- The FDD reports 45 outlets at the end of 2024 (2025 FDD, Item 20, PDF p. 66). Existing locations do not indicate territory availability. Details
- Is HomeTowne Studios hotel a good franchise to buy?
- Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.
From reviewed FDD figures only. Not a recommendation or projection.
What the disclosures show
- 1Item 19 covers 6 separate groups: other measures for 48 locations; other measures for 39 locations; other measures for 39 locations; other measures for 45 locations; other measures for 45 locations; other measures for 16 locations. They are not combined.
- 2Outlets grew by 20 in 2024, to 45 (Systemwide, as labeled in the FDD, Item 20).
From reviewed FDD figures only. Not a recommendation or projection.
HomeTowne Studios hotel head-to-head
Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.
Costs · Items 5–7
What does it cost to open?
Estimated opening costs and the fees payable to the franchisor.
Startup Investment — Item 7
Ongoing Fees — Item 6
Selected recurring charges; payment bases and conditions remain attached to each fee.
- RoyaltyMain ongoing fee
110 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.
Financial Performance — Item 19
What results are disclosed—and for which locations?
6 separate populations, shown apart. Revenue is not owner income.
48 locations
Other measures · 48 locations
- Who is counted
- Affiliate-Owned HomeTowne Studios Hotels in the 2023 RevPAR Index group
- Period
- Affiliate-Owned Hotels
- Excluded
- No additional exclusions are stated for this separate 2023 index group.
- Method
- Compset scale index; the source table presents the 2023 RevPAR Index.
39 locations
Other measures · 39 locations
- Who is counted
- Affiliate-owned HomeTowne Studios Hotels open and operating for at least one year during January 1 through December 31, 2024
- Period
- Daily Room Rate
- Excluded
- The disclosure excludes the performance of 16 franchised Hotels that opened in 2024; no separate exclusion is stated for the 39 affiliate-owned hotels.
- Method
- All HomeTowne Studios Hotels open and operating for at least one year; table reports average, number/percentage meeting or exceeding average, and median.
39 locations
Other measures · 39 locations
- Who is counted
- Affiliate-owned HomeTowne Studios Hotels open and operating for at least one year during Jan. 1–Dec. 31, 2024
- Period
- Average Brand Contribution
- Excluded
- The financial performance representation excludes the performance of 16 franchised Hotels that opened in 2024; no separate affiliate-owned exclusions are stated.
- Method
- All HomeTowne Studios Hotels open and operating for at least one year; table reports average, number/percentage meeting or exceeding average, and median.
45 locations
Other measures · 45 locations
- Who is counted
- Franchised HomeTowne Studios Hotels open and operating for at least one year during Jan. 1–Dec. 31, 2024
- Period
- Daily Room Rate
- Excluded
- Excludes 16 franchised Hotels that opened in 2024; those did not meet the open-for-at-least-one-year eligibility period.
- Method
- All HomeTowne Studios Hotels open and operating for at least one year; table reports average, number/percentage meeting or exceeding average, and median.
45 locations
Other measures · 45 locations
- Who is counted
- Franchised HomeTowne Studios Hotels open and operating for at least one year during January 1 through December 31, 2024
- Period
- Average RevPAR
- Excluded
- The disclosure excludes 16 franchised Hotels that opened in 2024; no other franchisee exclusions are stated.
- Method
- All HomeTowne Studios Hotels open and operating for at least one year; table reports average, number/percentage meeting or exceeding average, and median.
16 locations
Other measures · 16 locations
- Who is counted
- Franchised HomeTowne Studios Hotels in the 2023 RevPAR Index group
- Period
- Franchised Hotels
- Excluded
- No additional exclusions are stated for this separate 2023 index group.
- Method
- Compset scale index; the source table presents the 2023 RevPAR Index.
These groups are never combined.
Outlet Changes — Item 20
How has the outlet count changed?
Systemwide, as labeled in the FDD · counts as of → 45 of each year.
2025 FDD · Item 20 · PDF p. 66
Net +27 outlets, 2022–2024
Year-end counts reported in Item 20. The scale starts at zero; the labels between the dots show each year's change. Openings and closures for 2024 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.
Questions to investigate
Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.
For the franchisor
Which initial fee option would apply to my situation, and what conditions or discounts affect it?
Which locations are included in the Item 19 figures, and which were excluded?
Reported units went from 25 to 45 in 2024. How many new units opened, closed or changed hands?
Is a territory available in my area, and how is it defined in my agreement?
For current and former owners
How did your actual startup costs and timeline compare with the Item 7 estimate?
How many hours a week do you work in the business, and in what role?
How do your results compare with the Item 19 figures, and what explains the difference?
What support from the franchisor has been most and least useful?
For your advisors
Ask a franchise attorney to review the territory, renewal, transfer and termination terms.
Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.
Sources & vintage history
Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.
Citations (2025 FDD)
- [1]Item 19 — Locations counted not stated in the reviewed record — Affiliate-Owned HomeTowne Studios Hotels in the 2023 RevPAR Index group · PDF p. 64
- [2]Item 19 — Locations counted not stated in the reviewed record — Affiliate-owned HomeTowne Studios Hotels open and operating for at least one ye… · PDF p. 64
- [3]Item 19 — Locations counted not stated in the reviewed record — Affiliate-owned HomeTowne Studios Hotels open and operating for at least one ye… · PDF p. 64
- [4]Item 19 — Locations counted not stated in the reviewed record — Franchised HomeTowne Studios Hotels open and operating for at least one year du… · PDF p. 64
- [5]Item 19 — Locations counted not stated in the reviewed record — Franchised HomeTowne Studios Hotels open and operating for at least one year du… · PDF p. 64
- [6]Item 19 — Locations counted not stated in the reviewed record — Franchised HomeTowne Studios Hotels in the 2023 RevPAR Index group · PDF p. 64
- [7]Outlet counts — Item 20, Table 1 · PDF p. 66
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.
Territory & operations
These are contract disclosures, not confirmation that any territory is currently available.
Legal & agreement
Franchisor financial statements
| Fiscal year | Measure | Reported value |
|---|---|---|
| 2024 | member's equity | $26,620,489 |
| 2024 | revenues | $91,958,435 |
| 2024 | total expenses | $71,673,607 |
| 2024 | income before interest and taxes | $20,284,828 |
| 2024 | income before income taxes | $20,929,326 |
| 2024 | cash and cash equivalents | $22,445,012 |
| 2024 | total assets | $50,622,911 |
| 2024 | total liabilities | $24,002,422 |
| 2024 | income tax expense | $5,398,805 |
| 2024 | net income | $15,530,521 |
| 2024 | net cash provided by operating activities | $13,379,196 |
| 2024 | net cash used in investing activities | -$935,874 |
These figures describe the franchisor company, not individual franchise locations.
SBA-backed loans to franchisees
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Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.
At a glance
Business history
Not reviewed
Owner participation
Not reviewed
Territory language
Litigation disclosure
Not reviewed
Bankruptcy disclosure
Not reviewed
Agreement term
Not reviewed
Reader notes on wording
Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.
Item 21 · PDF p. 89 · 2025 FDD
Our summary: Cash and cash equivalents end of period — 2022
“Cash and cash equivalents end of period 22,445,012 $ 32,416,728 $ 45,860,206 $”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 89 · 2025 FDD
Our summary: Cash and cash equivalents end of period — 2024
“Cash and cash equivalents end of period 22,445,012 $ 32,416,728 $ 45,860,206 $”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.
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