HomeTowne Studios by Red Roof Franchise Opportunity
Company Added
Company Removed
Apply to Request List

HomeTowne Studios by Red Roof Franchise Opportunity

Financial Information:

Cash Investment: $1,000,000
Net Worth: $3,000,000
Franchise Fee: $30,000
Royalty Fee: 5% of Gross Room Revenues
Advertising Fee: 2.5% of Gross Room Revenues

Available Markets:


United States: AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY

Extended-stay is the fastest-growing category in the lodging industry and the most resilient in times of economic uncertainty. HomeTowne Studios by Red Roof gives franchisees the opportunity to enter this market with either a conversion from an existing hotel asset or an exciting new build option from one of the most iconic brands in the lodging industry. Enjoy the many advantages of doing business with Red Roof. From day one, our professionals help with design, construction, revenue management, and staff training. You’ll also have access to Red Roof’s distribution channels, a national business-to-business sales force and a successful guest loyalty program with over 3.6 million members.

At a time when extended stay is the fastest growing category in the lodging industry and continues to out perform expectations, HomeTowne Studios by Red Roof is an optimum choice for franchisees looking to expand their portfolios with a new way to extended stay.

HomeTowne Studios by Red Roof franchise opportunity

In times of economic uncertainty, extended-stay, specifically economy extended-stay is the most resilient segment in lodging. Even through 2020, the most difficult year in hospitality history, the Economy Extended-Stay segment reported only a 7.7% decline in RevPAR1 (revenue per available room) through December 4, 2020 and is predicted to be the first hotel segment to recover to 2019 RevPAR levels later in 2021.

HomeTowne Studios by Red Roof proved its resiliency during this time outperforming the Economy Tract Scale by 29.7% in the second quarter 2020 and by 15.8% in the third quarter 20202.

HomeTowne Studios gives franchisees the opportunity to enter this market with either a conversion from an existing hotel asset or an exciting new build option. Franchisees enjoy all the benefits of doing business with Red Roof from outstanding brand awareness and a high brand contribution to a 90 percent franchisee satisfaction score, all at some of the lowest fees in the industry.

1Source: The Highland Group
2 Source: STR

Add to Request List

This web page does not constitute a franchise offering or an offer to sell a franchise. A franchise offering can be made by us only in a state if we are first registered, excluded, exempted or otherwise qualified to offer franchises in that state, and only if we provide you with an appropriate franchise disclosure document.

Request Information

Looking for more information about HomeTowne Studios by Red Roof? Take a moment to fill out our quick information request form.

Please send me email updates on the latest Franchise News and Opportunities

By submitting this form, you give consent for Franchising.com to provide the information above to HomeTowne Studios by Red Roof so they may contact you via SMS, phone or email. View our Privacy Policy for more information.


Share This Page

Subscribe to Franchising Express