Home2 Suites vs Trend Hotels and Suites by My Place Franchise Comparison

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

Start-Up Costs and Fees
  Home2 Suites Trend Hotels and Suites by My Place
Investment 9102300 - 17456500 180050 - 2848700
Franchise Fee
Royalty Fee 5% up to 5%
Advertising Fee 3.50%
Year Founded 2008 0
Year Franchised 2009 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Home2 Suites Trend Hotels and Suites by My Place
Experience

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

Training & Support
  Home2 Suites Trend Hotels and Suites by My Place
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 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 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
Trend Hotels and Suites by My Place
Franchise Fee
Home2 Suites
Trend Hotels and Suites by My Place
Royalty Fee
Home2 Suites 5%
Trend Hotels and Suites by My Place up to 5%
Advertising Fee
Home2 Suites 3.50%
Trend Hotels and Suites by My Place
Year Founded
Home2 Suites 2008
Trend Hotels and Suites by My Place 0
Year Franchised
Home2 Suites 2009
Trend Hotels and Suites by My Place 0
Term Of Agreement
Home2 Suites 22 years
Trend Hotels and Suites by My Place
Renewal Fee
Home2 Suites Same as initial fee
Trend Hotels and Suites by My Place


Business Experience Requirements
Experience
Home2 Suites
Trend Hotels and Suites by My Place

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

Training & Support
Training
Home2 Suites On-The-Job Training: 1 hour Classroom Training: Varies
Trend Hotels and Suites by My Place
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
Trend Hotels and Suites by My Place
Marketing
Home2 Suites Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Trend Hotels and Suites by My Place
Operations
Home2 Suites Number of Employees Required to Run: 30
Trend Hotels and Suites by My Place

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
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
Home2 Suites Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
Trend Hotels and Suites by My Place
International Expansion
Home2 Suites Worldwide,
Trend Hotels and Suites by My Place