Hilton Hotels & Resorts vs Trend Hotels and Suites by My Place Franchise Comparison

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

Start-Up Costs and Fees
 
Hilton Hotels & Resorts Franchise
Trend Hotels and Suites by My Place Franchise
Investment $30,581,105 - $128,987,095$180,050 - $2,848,700
Franchise Fee $75,000N/A
Royalty Fee 5%up to 5%
Advertising Fee 4%-
Year Founded 1919-
Year Franchised 1965-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee Same as initial fee-


Business Experience Requirements
 
Hilton Hotels & Resorts Franchise
Trend Hotels and Suites by My Place Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    Hilton Hotels & Resorts Franchise
    Trend Hotels and Suites by My Place 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
    Trend Hotels and Suites by My Place 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
    Trend Hotels and Suites by My Place 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 Trend Hotels and Suites by My Place

    "TREND

    Trend Hotels & Suites by My Place is a collection of unique hotel assets assembled into a franchise system created for the purpose of providing collective intelligence, support, strength, and value to each individual hotelier by deploying the strong fundamentals and culture of the My Place organizations, principles, and people.

    Trend Hotels & Suites by My Place was inspired by the actual needs of hundreds of hoteliers today.