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Updated RecentlyQuality Inns vs My Place Hotels Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Quality Inns vs My Place Hotels including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $2,000,000 - $10,000,000 | $4,108,050 - $5,709,950 |
| Franchise Fee | $25,000 - $50,000 | $30,000 |
| Royalty Fee | 3.5%-5.25% | - |
| Advertising Fee | 1.25%-3.5% | - |
| Year Founded | - | 2014 |
| Year Franchised | - | 2014 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Quality Inns
Our premier midscale without food and beverage conversion brand.
Since launching the country’s first hotel chain in 1941, our
franchisee-first focus drives every decision we make. Quality Inn is constantly
evolving to anticipate the needs of our franchisees and guests - helping
owners to grow their businesses and, ultimately, maximize the return on
their investment.
About My Place Hotels
!["My]("https://media-exp1.licdn.com/dms/image/C560BAQELUo64ZbHKxA/company-logo_200_200/0?e=1611792000&v=beta&t=xRa9HU1c5h_NIl3i4NhxjQUt67bIy-_tKjcrO_mIyX4"){kind=logo}
Launched in 2014, My Place Hotels is America’s foremost extended stay hotel chain.
The brand was founded on the principles of delivering superior quality
and the highest customer service for our guests, while at the same time,
providing our franchisees with a uniquely effective business model.
At My Place Hotels, ensuring the safety and security of our guests and hotel associates remains our highest priority. To build upon that commitment, we have launched a program to enhance already high standards for the long-term health and safety of our guests and team members.