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who owns homewood suites

Homewood Suites Ownership Overview Homewood Suites by Hilton is owned by Hilton Worldwide, the global hospitality giant headquartered in McLean, Virginia. Launched in 1989 in Omaha, Nebraska, the brand was acquired by Hilton in 1999 through its $3.1 billion purchase of Promus Hotel Corporation, which had previously owned it alongside brands like Embassy Suites.

This all-suite, extended-stay chain now boasts over 500 properties worldwide, blending residential comfort with hotel perks for longer guest stays.

Brand Structure

Most Homewood Suites hotels operate under a franchise model.

  • Franchised properties : 490+ locations independently owned by franchisees, totaling around 55,899 rooms.
  • Managed properties : About 15 hotels directly managed by Hilton, with 1,646 rooms.

Individual hotels often change hands via real estate deals, like Apple Hospitality REIT's 2025 acquisition of the Tampa-Brandon property for $18.8 million.

Notable Ownership Examples

Specific properties highlight diverse investors:

  • A Garment District NYC Homewood Suites sold for $167 million in 2016 to Qatar's Alduwaliya Hospitality Company.
  • The Edina Minneapolis location opened in 2018 as a joint venture by Noble Investment Group and Simon Property Group, managed by Concord Hospitality.

Ownership Type| Examples| Key Details 15
---|---|---
Corporate| Hilton Worldwide| Owns the brand; most are franchised.
REIT| Apple Hospitality| Bought Tampa-Brandon for $149K/key in 2025.
Investment Firms| Alduwaliya (Qatar), Noble/Simon| Specific hotel purchases; managed by operators.

Historical Timeline

  • 1989 : First hotel opens in Omaha under Promus.
  • 1999 : Hilton acquires Promus, integrating Homewood.
  • 2000 : Rebrands to "Homewood Suites by Hilton."
  • 2019 : Peaks at 505 hotels across 4 countries.
  • 2025-2026 : Ongoing expansions, like REIT buys and new openings.

Hilton continues steering the brand's growth in the upscale extended-stay market, competing with Residence Inn and Staybridge Suites.

TL;DR : Hilton Worldwide owns the Homewood Suites brand, with most hotels franchised to independent owners.

Information gathered from public forums or data available on the internet and portrayed here.