An improved apparatus and method for a hanging rotational hose reel includes a bracket for hanging the hose reel, a spool for winding a hose about a first rotational axis, a frame for supporting the spool, and a rotational assembly connecting the bracket and the frame. The rotational assembly allows rotation of the spool about a second rotational axis. The hanging hose reel may be secured to a surface or may hang from a wagon and/or stand.