Start-Up Costs and Fees |
||
| Trend Hotels and Suites by My Place | Candlewood Suites | |
| Investment | 180050 - 2848700 | 7807040 - 10716900 |
| Franchise Fee | ||
| Royalty Fee | up to 5% | 5% |
| Advertising Fee | ||
| Year Founded | 0 | 1995 |
| Year Franchised | 0 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Trend Hotels and Suites by My Place | Candlewood Suites | |
| Experience | ||
Financing Options |
||
| Trend Hotels and Suites by My Place | Candlewood Suites | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Trend Hotels and Suites by My Place | Candlewood Suites | |
| Training | On-The-Job Training: Varies Classroom Training: Varies | |
| Support | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Ad Templates National Media SEO Loyalty program/app | |
| Operations | ||
Expansion Plans |
||
| Trend Hotels and Suites by My Place | Candlewood 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Trend Hotels and Suites by My Place | |
| Candlewood Suites | |
| Franchise Fee | |
| Trend Hotels and Suites by My Place | |
| Candlewood Suites | |
| Royalty Fee | |
| Trend Hotels and Suites by My Place | up to 5% |
| Candlewood Suites | 5% |
| Advertising Fee | |
| Trend Hotels and Suites by My Place | |
| Candlewood Suites | |
| Year Founded | |
| Trend Hotels and Suites by My Place | 0 |
| Candlewood Suites | 1995 |
| Year Franchised | |
| Trend Hotels and Suites by My Place | 0 |
| Candlewood Suites | 1996 |
| Term Of Agreement | |
| Trend Hotels and Suites by My Place | |
| Candlewood Suites | |
| Renewal Fee | |
| Trend Hotels and Suites by My Place | |
| Candlewood Suites | |
Business Experience Requirements |
|
| Experience | |
| Trend Hotels and Suites by My Place | |
| Candlewood Suites | |
Financing Options |
|
| Franchise Fees | |
| Trend Hotels and Suites by My Place | |
| Candlewood Suites | |
| Start-up Costs | |
| Trend Hotels and Suites by My Place | |
| Candlewood Suites | |
| Equipment | |
| Trend Hotels and Suites by My Place} | |
| Candlewood Suites | |
| Inventory | |
| Trend Hotels and Suites by My Place | |
| Candlewood Suites | |
| Receivables | |
| Trend Hotels and Suites by My Place | |
| Candlewood Suites | |
| Payroll | |
| Trend Hotels and Suites by My Place | |
| Candlewood Suites | |
Training & Support |
|
| Training | |
| Trend Hotels and Suites by My Place | |
| Candlewood Suites | On-The-Job Training: Varies Classroom Training: Varies |
| Support | |
| Trend Hotels and Suites by My Place | |
| Candlewood Suites | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Trend Hotels and Suites by My Place | |
| Candlewood Suites | Ad Templates National Media SEO Loyalty program/app |
| Operations | |
| Trend Hotels and Suites by My Place | |
| Candlewood Suites | |
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 |
| Candlewood Suites | |
| Canada Expansion | |
| Trend Hotels and Suites by My Place | |
| Candlewood Suites | |
| International Expansion | |
| Trend Hotels and Suites by My Place | |
| Candlewood Suites | |