Question 1

How many HomeTowne Studios by Red Roof franchise locations are there?

Accepted Answer

HomeTowne Studios by Red Roof currently has 84 total units, including 45 franchised locations and 39 company-owned locations.

Question 2

Is the HomeTowne Studios by Red Roof franchise system growing or shrinking?

Accepted Answer

HomeTowne Studios by Red Roof has experienced positive net growth of +15.1% over the past year, with a 3-year compound annual growth rate (CAGR) of +7.3%.

Question 3

What is the franchise vs. company-owned ratio for HomeTowne Studios by Red Roof?

Accepted Answer

HomeTowne Studios by Red Roof has a franchise ratio of 54%, meaning 54% of all units are franchisee-owned.

Question 4

How many HomeTowne Studios by Red Roof franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), HomeTowne Studios by Red Roof had 20 units opened and 0 units closed.