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Updated RecentlyMy Place Hotels vs Knights Inn Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of My Place Hotels vs Knights Inn including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $4,108,050 - $5,709,950 | $93,000 - $6,277,500 |
| Franchise Fee | $30,000 | $7,000 |
| Royalty Fee | - | $21/rm./mo. |
| Advertising Fee | - | - |
| Year Founded | 2014 | 1972 |
| Year Franchised | 2014 | 1991 |
| 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 | Yes |
| Canada Expansion | - | Yes |
| International Expansion | - | - |
Company Overviews
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.
About Knights Inn
!["KNIGHTS]("https://fddexchange.com/wp-content/uploads/2020/11/KNIGHTS-INN.png")
Knight's Inns, an illustrious place to remain. An illustrious place to claim.
With about 200 properties - most ideal off major U.S. what's more, Canadian interstates - Knights Inn is an inn network on a mission: to be the favored economy/spending brand for voyagers searching for clean rooms, well disposed administration, and incredible esteem.
As a Knights Inn franchisee, you'll appreciate two upper hands: a very perceived roadside name and steadfast clients. The economy/spending fragment is an extending market, especially on the recreation side, making Knights Inn lodgings consummately situated to serve esteem cognizant clients: families, seniors and mid-level business voyagers.
This inn network has been around quite a while and individuals know the name by heart. Strong organization.