Start-Up Costs and Fees |
||
| America's Best Inns & Suites | Trend Hotels and Suites by My Place | |
| Investment | 109250 - 5836500 | 180050 - 2848700 |
| Franchise Fee | ||
| Royalty Fee | 17.50 -$22.50/room/mo. | up to 5% |
| Advertising Fee | ||
| Year Founded | 1970 | 0 |
| Year Franchised | 1982 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| America's Best Inns & Suites | Trend Hotels and Suites by My Place | |
| Experience | ||
Financing Options |
||
| America's Best Inns & Suites | Trend Hotels and Suites by My Place | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| America's Best Inns & Suites | Trend Hotels and Suites by My Place | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | Number of employees needed to run franchised unit: 6 - 12 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| America's Best Inns & Suites | Trend Hotels and Suites by My Place | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| America's Best Inns & Suites | |
| Trend Hotels and Suites by My Place | |
| Franchise Fee | |
| America's Best Inns & Suites | |
| Trend Hotels and Suites by My Place | |
| Royalty Fee | |
| America's Best Inns & Suites | 17.50 -$22.50/room/mo. |
| Trend Hotels and Suites by My Place | up to 5% |
| Advertising Fee | |
| America's Best Inns & Suites | |
| Trend Hotels and Suites by My Place | |
| Year Founded | |
| America's Best Inns & Suites | 1970 |
| Trend Hotels and Suites by My Place | 0 |
| Year Franchised | |
| America's Best Inns & Suites | 1982 |
| Trend Hotels and Suites by My Place | 0 |
| Term Of Agreement | |
| America's Best Inns & Suites | |
| Trend Hotels and Suites by My Place | |
| Renewal Fee | |
| America's Best Inns & Suites | 50% of then-current fran. fee |
| Trend Hotels and Suites by My Place | |
Business Experience Requirements |
|
| Experience | |
| America's Best Inns & Suites | |
| Trend Hotels and Suites by My Place | |
Financing Options |
|
| Franchise Fees | |
| America's Best Inns & Suites | No |
| Trend Hotels and Suites by My Place | No |
| Start-up Costs | |
| America's Best Inns & Suites | |
| Trend Hotels and Suites by My Place | |
| Equipment | |
| America's Best Inns & Suites} | |
| Trend Hotels and Suites by My Place | |
| Inventory | |
| America's Best Inns & Suites | |
| Trend Hotels and Suites by My Place | |
| Receivables | |
| America's Best Inns & Suites | |
| Trend Hotels and Suites by My Place | |
| Payroll | |
| America's Best Inns & Suites | |
| Trend Hotels and Suites by My Place | |
Training & Support |
|
| Training | |
| America's Best Inns & Suites | |
| Trend Hotels and Suites by My Place | |
| Support | |
| America's Best Inns & Suites | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Trend Hotels and Suites by My Place | |
| Marketing | |
| America's Best Inns & Suites | Co-op advertising, Ad slicks, National media, Regional advertising |
| Trend Hotels and Suites by My Place | |
| Operations | |
| America's Best Inns & Suites | Number of employees needed to run franchised unit: 6 - 12 Absentee ownership of franchise is allowed. |
| Trend Hotels and Suites by My Place | |
Expansion Plans |
|
| US Expansion | |
| America's Best Inns & Suites | |
| Trend Hotels and Suites by My Place | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| America's Best Inns & Suites | 0 |
| Trend Hotels and Suites by My Place | |
| International Expansion | |
| America's Best Inns & Suites | |
| Trend Hotels and Suites by My Place | |