Econo Lodge vs My Place Hotels Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Econo Lodge vs My Place Hotels including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Econo Lodge My Place Hotels
Investment 208275 - 938645 4108050 - 5709950
Franchise Fee
Royalty Fee 4.50%
Advertising Fee 3.50%
Year Founded 0 2014
Year Franchised 0 2014
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Econo Lodge My Place Hotels
Experience

Financing Options

  Econo Lodge My Place Hotels
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  Econo Lodge My Place Hotels
Training
Support
Marketing
Operations

Expansion Plans

  Econo Lodge My Place Hotels
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
International Expansion

Start-Up Costs and Fees Mobile

Investment
Econo Lodge
My Place Hotels
Franchise Fee
Econo Lodge
My Place Hotels
Royalty Fee
Econo Lodge 4.50%
My Place Hotels
Advertising Fee
Econo Lodge 3.50%
My Place Hotels
Year Founded
Econo Lodge 0
My Place Hotels 2014
Year Franchised
Econo Lodge 0
My Place Hotels 2014
Term Of Agreement
Econo Lodge 20 years
My Place Hotels
Renewal Fee
Econo Lodge
My Place Hotels


Business Experience Requirements

Experience
Econo Lodge
My Place Hotels

Financing Options

 
Franchise Fees
Econo Lodge
My Place Hotels
Start-up Costs
Econo Lodge
My Place Hotels
Equipment
Econo Lodge}
My Place Hotels
Inventory
Econo Lodge
My Place Hotels
Receivables
Econo Lodge
My Place Hotels
Payroll
Econo Lodge
My Place Hotels

Training & Support

Training
Econo Lodge
My Place Hotels
Support
Econo Lodge
My Place Hotels
Marketing
Econo Lodge
My Place Hotels
Operations
Econo Lodge
My Place Hotels

Expansion Plans

US Expansion
Econo Lodge
My Place Hotels 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
Econo Lodge
My Place Hotels
International Expansion
Econo Lodge
My Place Hotels