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