Home2 Suites vs My Place Hotels Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Home2 Suites vs My Place Hotels including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Home2 Suites My Place Hotels
Investment 9102300 - 17456500 4108050 - 5709950
Franchise Fee
Royalty Fee 5%
Advertising Fee 3.50%
Year Founded 2008 2014
Year Franchised 2009 2014
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Home2 Suites My Place Hotels
Experience

Financing Options
  Home2 Suites My Place Hotels
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  Home2 Suites My Place Hotels
Training On-The-Job Training: 1 hour Classroom Training: Varies
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations Number of Employees Required to Run: 30

Expansion Plans
  Home2 Suites 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 Worldwide,

Start-Up Costs and Fees Mobile
Investment
Home2 Suites
My Place Hotels
Franchise Fee
Home2 Suites
My Place Hotels
Royalty Fee
Home2 Suites 5%
My Place Hotels
Advertising Fee
Home2 Suites 3.50%
My Place Hotels
Year Founded
Home2 Suites 2008
My Place Hotels 2014
Year Franchised
Home2 Suites 2009
My Place Hotels 2014
Term Of Agreement
Home2 Suites 22 years
My Place Hotels
Renewal Fee
Home2 Suites Same as initial fee
My Place Hotels


Business Experience Requirements
Experience
Home2 Suites
My Place Hotels

Financing Options
 
Franchise Fees
Home2 Suites
My Place Hotels
Start-up Costs
Home2 Suites
My Place Hotels
Equipment
Home2 Suites}
My Place Hotels
Inventory
Home2 Suites
My Place Hotels
Receivables
Home2 Suites
My Place Hotels
Payroll
Home2 Suites
My Place Hotels

Training & Support
Training
Home2 Suites On-The-Job Training: 1 hour Classroom Training: Varies
My Place Hotels
Support
Home2 Suites Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
My Place Hotels
Marketing
Home2 Suites Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
My Place Hotels
Operations
Home2 Suites Number of Employees Required to Run: 30
My Place Hotels

Expansion Plans
US Expansion
Home2 Suites 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
Home2 Suites 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
Home2 Suites Worldwide,
My Place Hotels