Hilton Hotels & Resorts vs My Place Hotels Franchise Comparison

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

Start-Up Costs and Fees

 
Hilton Hotels & Resorts Franchise
My Place Hotels Franchise
Investment $30,581,105 - $128,987,095$4,108,050 - $5,709,950
Franchise Fee $75,000$30,000
Royalty Fee 5%-
Advertising Fee 4%-
Year Founded 19192014
Year Franchised 19652014
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee Same as initial fee-


Business Experience Requirements

 
Hilton Hotels & Resorts Franchise
My Place Hotels Franchise
Experience
  • Industry experience
  • General business experience
  • -

    Financing Options

     
    Hilton Hotels & Resorts Franchise
    My Place Hotels Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support

     
    Hilton Hotels & Resorts Franchise
    My Place Hotels Franchise
    Training On-The-Job Training Classroom Training-
    Support Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform-
    Marketing Ad Templates National Media SEO Loyalty program/app-
    Operations

    Number of employees needed to run franchised unit: 150

    Absentee ownership of franchise is allowed.

    -

    Expansion Plans

     
    Hilton Hotels & Resorts Franchise
    My Place Hotels Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Hilton Hotels & Resorts

    Hilton is part of the portfolio of brands at Hilton Worldwide, which has hotels in more than 90 countries. Other Hilton Worldwide brands include Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hampton by Hilton, Hilton Garden Inn, Homewood Suites by Hilton, Home2 Suites by Hilton, Curio - A Collection by Hilton, Canopy by Hilton and Hilton Grand Vacations.

    Veteran Incentives  Varies
    ""   "Entrepreneur

    #101 in Franchise 500 for 2020.
    #132 in Franchise 500 for 2021.

    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.