Lodging

HomeTowne Studios by Red Roof

New Albany, OH · Founded 2015 · HSRR

HomeTowne Studios, LLC offers franchises for the establishment and operation of economy extended stay and transient lodging hotels under the HomeTowne Studios by Red Roof, HomeTowne Studios & Suites by Red Roof, HomeTown Inn, and HomeTowne Inn brand names.

2026 Franchise 500
Unranked
84
units (2025)
0.0%
year over year

Units by Year

68
2023
84
2024
84
2025

Total outlets at year end, from FDD Item 20.

The Investment

Initial investment
$11,734,393 – $14,457,291
FDD Item 7
Franchise fee
$30,000
FDD Item 5
Ad fund
3%
FDD Item 6
Financial performance
Yes
FDD Item 19 disclosure
Royalty

5.5% of Gross Room Revenues

Leadership

  • Zack Gharib

    President

  • Matthew Hostetler

    Chief Development Officer

  • Sharee Brell

    Senior Vice President, Technology

  • Robert Goad

    Senior Vice President of Revenue Strategy

  • Timothy Lipka

    Senior Vice President of Franchise Operations

  • Brian E. Hankins

    Vice President, Accounting & Finance

  • Nicholas R. Kurek

    Vice President, Brand Performance

  • Richard Schaeffer

    Vice President, Franchise Development

  • Stephen Woodward

    Vice President, Innovation, Learning & Development

  • Gerrod Bede

    General Counsel

On File

FDD years
Select a year to open the FDD
Franchisee records
91
Current roster rows
Signed, not open
19
FDD Item 20, Table 5
Franchising for
8 yrs

Franchise Disclosure Documents

Also in Lodging

More in Lodging→

Read from this brand's Franchise Disclosure Documents. FDD library maintained by AskTy; figures are as filed by the franchisor.