Hospitality vs My Place Hotels Franchise Comparison

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

Start-Up Costs and Fees
  Hospitality My Place Hotels
Investment 133600 - 2602000 4108050 - 5709950
Franchise Fee 0
Royalty Fee $35/rm/night
Advertising Fee
Year Founded 1971 2014
Year Franchised 1982 2014
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Hospitality My Place Hotels
Experience

Financing Options
  Hospitality My Place Hotels
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Hospitality My Place Hotels
Training Classroom Training: 10.5 hours Additional Training: At regional training seminars
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
Marketing Ad Templates Regional Advertising Social media Website development Email marketing
Operations 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)

Expansion Plans
  Hospitality 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 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 Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion

Start-Up Costs and Fees Mobile
Investment
Hospitality
My Place Hotels
Franchise Fee
Hospitality
My Place Hotels
Royalty Fee
Hospitality $35/rm/night
My Place Hotels
Advertising Fee
Hospitality
My Place Hotels
Year Founded
Hospitality 1971
My Place Hotels 2014
Year Franchised
Hospitality 1982
My Place Hotels 2014
Term Of Agreement
Hospitality 5 years
My Place Hotels
Renewal Fee
Hospitality
My Place Hotels


Business Experience Requirements
Experience
Hospitality
My Place Hotels

Financing Options
 
Franchise Fees
Hospitality No
My Place Hotels No
Start-up Costs
Hospitality
My Place Hotels
Equipment
Hospitality}
My Place Hotels
Inventory
Hospitality
My Place Hotels
Receivables
Hospitality
My Place Hotels
Payroll
Hospitality
My Place Hotels

Training & Support
Training
Hospitality Classroom Training: 10.5 hours Additional Training: At regional training seminars
My Place Hotels
Support
Hospitality Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
My Place Hotels
Marketing
Hospitality Ad Templates Regional Advertising Social media Website development Email marketing
My Place Hotels
Operations
Hospitality 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)
My Place Hotels

Expansion Plans
US Expansion
Hospitality 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
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
Hospitality Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
My Place Hotels
International Expansion
Hospitality
My Place Hotels