Start-Up Costs and Fees |
||
| Trend Hotels and Suites by My Place | America's Best Inns & Suites | |
| Investment | 180050 - 2848700 | 109250 - 5836500 |
| Franchise Fee | ||
| Royalty Fee | up to 5% | 17.50 -$22.50/room/mo. |
| Advertising Fee | ||
| Year Founded | 0 | 1970 |
| Year Franchised | 0 | 1982 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Trend Hotels and Suites by My Place | America's Best Inns & Suites | |
| Experience | ||
Financing Options |
||
| Trend Hotels and Suites by My Place | America's Best Inns & Suites | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Trend Hotels and Suites by My Place | America's Best Inns & Suites | |
| 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 |
||
| Trend Hotels and Suites by My Place | America's Best Inns & Suites | |
| 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 | |
| Trend Hotels and Suites by My Place | |
| America's Best Inns & Suites | |
| Franchise Fee | |
| Trend Hotels and Suites by My Place | |
| America's Best Inns & Suites | |
| Royalty Fee | |
| Trend Hotels and Suites by My Place | up to 5% |
| America's Best Inns & Suites | 17.50 -$22.50/room/mo. |
| Advertising Fee | |
| Trend Hotels and Suites by My Place | |
| America's Best Inns & Suites | |
| Year Founded | |
| Trend Hotels and Suites by My Place | 0 |
| America's Best Inns & Suites | 1970 |
| Year Franchised | |
| Trend Hotels and Suites by My Place | 0 |
| America's Best Inns & Suites | 1982 |
| Term Of Agreement | |
| Trend Hotels and Suites by My Place | |
| America's Best Inns & Suites | |
| Renewal Fee | |
| Trend Hotels and Suites by My Place | |
| America's Best Inns & Suites | 50% of then-current fran. fee |
Business Experience Requirements |
|
| Experience | |
| Trend Hotels and Suites by My Place | |
| America's Best Inns & Suites | |
Financing Options |
|
| Franchise Fees | |
| Trend Hotels and Suites by My Place | |
| America's Best Inns & Suites | |
| Start-up Costs | |
| Trend Hotels and Suites by My Place | |
| America's Best Inns & Suites | |
| Equipment | |
| Trend Hotels and Suites by My Place} | |
| America's Best Inns & Suites | |
| Inventory | |
| Trend Hotels and Suites by My Place | |
| America's Best Inns & Suites | |
| Receivables | |
| Trend Hotels and Suites by My Place | |
| America's Best Inns & Suites | |
| Payroll | |
| Trend Hotels and Suites by My Place | |
| America's Best Inns & Suites | |
Training & Support |
|
| Training | |
| Trend Hotels and Suites by My Place | |
| America's Best Inns & Suites | |
| Support | |
| Trend Hotels and Suites by My Place | |
| America's Best Inns & Suites | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Trend Hotels and Suites by My Place | |
| America's Best Inns & Suites | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Trend Hotels and Suites by My Place | |
| America's Best Inns & Suites | Number of employees needed to run franchised unit: 6 - 12 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| 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 |
| America's Best Inns & Suites | |
| Canada Expansion | |
| Trend Hotels and Suites by My Place | |
| America's Best Inns & Suites | 0 |
| International Expansion | |
| Trend Hotels and Suites by My Place | |
| America's Best Inns & Suites | |