Start-Up Costs and Fees |
||
| My Place Hotels | Tapestry Collection by Hilton | |
| Investment | 4108050 - 5709950 | 3005105 - 95336595 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | 4% | |
| Year Founded | 2014 | 2016 |
| Year Franchised | 2014 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| My Place Hotels | Tapestry Collection by Hilton | |
| Experience | ||
Financing Options |
||
| My Place Hotels | Tapestry Collection by Hilton | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| My Place Hotels | Tapestry Collection by Hilton | |
| Training | Classroom Training: 141-180 hours Additional Training: Online | |
| Support | Ongoing Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Supportmn 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 | ||
Expansion Plans |
||
| My Place Hotels | Tapestry Collection by Hilton | |
| 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 | |
| My Place Hotels | |
| Tapestry Collection by Hilton | |
| Franchise Fee | |
| My Place Hotels | |
| Tapestry Collection by Hilton | |
| Royalty Fee | |
| My Place Hotels | |
| Tapestry Collection by Hilton | 5% |
| Advertising Fee | |
| My Place Hotels | |
| Tapestry Collection by Hilton | 4% |
| Year Founded | |
| My Place Hotels | 2014 |
| Tapestry Collection by Hilton | 2016 |
| Year Franchised | |
| My Place Hotels | 2014 |
| Tapestry Collection by Hilton | 2016 |
| Term Of Agreement | |
| My Place Hotels | |
| Tapestry Collection by Hilton | |
| Renewal Fee | |
| My Place Hotels | |
| Tapestry Collection by Hilton | |
Business Experience Requirements |
|
| Experience | |
| My Place Hotels | |
| Tapestry Collection by Hilton | |
Financing Options |
|
| Franchise Fees | |
| My Place Hotels | |
| Tapestry Collection by Hilton | |
| Start-up Costs | |
| My Place Hotels | |
| Tapestry Collection by Hilton | |
| Equipment | |
| My Place Hotels} | |
| Tapestry Collection by Hilton | |
| Inventory | |
| My Place Hotels | |
| Tapestry Collection by Hilton | |
| Receivables | |
| My Place Hotels | |
| Tapestry Collection by Hilton | |
| Payroll | |
| My Place Hotels | |
| Tapestry Collection by Hilton | |
Training & Support |
|
| Training | |
| My Place Hotels | |
| Tapestry Collection by Hilton | Classroom Training: 141-180 hours Additional Training: Online |
| Support | |
| My Place Hotels | |
| Tapestry Collection by Hilton | Ongoing Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Supportmn Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| My Place Hotels | |
| Tapestry Collection by Hilton | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| My Place Hotels | |
| Tapestry Collection by Hilton | |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Tapestry Collection by Hilton | |
| Canada Expansion | |
| My Place Hotels | |
| Tapestry Collection by Hilton | |
| International Expansion | |
| My Place Hotels | |
| Tapestry Collection by Hilton | |