Hawthorn Suites vs My Place Hotels Franchise Comparison

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

Start-Up Costs and Fees

 
Hawthorn Suites Franchise
My Place Hotels Franchise
Investment $225,693 - $12,785,326$4,108,050 - $5,709,950
Franchise Fee $40,000 - $44,500$30,000
Royalty Fee 5.5%-
Advertising Fee 2.5%-
Year Founded 19862014
Year Franchised 19862014
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee 50% of current franchise fee-


Business Experience Requirements

 
Hawthorn Suites Franchise
My Place Hotels Franchise
Experience --

Financing Options

 
Hawthorn Suites Franchise
My Place Hotels Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Hawthorn Suites Franchise
My Place Hotels Franchise
Training Available at headquarters, Available at franchisee's location, At regional location-
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
Marketing Co-op advertising, Ad slicks, National media-
Operations 20% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 20 - 30

Absentee ownership of franchise is allowed.

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Expansion Plans

 
Hawthorn Suites Franchise
My Place Hotels Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Hawthorn Suites

Hawthorn Suites was established by Hyatt Hotels in 1986. Since 1998, the establishment has been possessed by Wyndham Hotel Group. At each Hawthorn Suites, visitor administrations incorporate a complimentary smorgasbord breakfast and night social hour, practice offices, videocassette players, and on location clothing and valet benefit. Business administrations incorporate a larger than average work zone with two telephone lines and an information port, individual phone message and a complimentary day by day paper.

"Entrepreneur
#365 in Franchise 500 for 2020.






About My Place Hotels

"My

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.