For the next ten years, the hotel chain was owned by Memphis-based Promus Hotel Corporation, which also owned Embassy Suites, Hampton Inn and Doubletree. The first Homewood Suites was founded in Omaha, Nebraska in 1989. Homewood Suites competes in the upscale tier of the extended-stay market, along with Staybridge Suites by IHG and Residence Inn by Marriott. 490 Homewood Suites hotels are independently owned and operated by franchisees with 55,899 rooms, while 15 hotels are managed with 1,646 rooms. As of December 31, 2019, the chain consists of 505 hotels in 4 countries and territories with 57,545 rooms. Homewood Suites by Hilton is an American chain of all-suite residential-style hotels managed by the Hilton Worldwide. Homewood Suites by Hilton Davenport in Iowa Homewood Suites by Hilton in Markham
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