Country Inns & Suites By Radisson vs My Place Hotels Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Country Inns & Suites By Radisson vs My Place Hotels including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$1,916,178 - $9,472,795 | $4,108,050 - $5,709,950 |
Franchise Fee |
$50,000 | $30,000 |
Royalty Fee |
5% | - |
Advertising Fee |
2.5% | - |
Year Founded |
1986 | 2014 |
Year Franchised |
1987 | 2014 |
Term Of Agreement |
15 years | - |
Term Of Agreement |
15 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-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 |
Training |
Additional training available | - |
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, Regional advertising | - |
Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25
Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
Yes | - |
International Expansion |
Yes | - |
Company Overviews
About Country Inns & Suites By Radisson
Country Inns & Suites By Radisson is a leading mid-market brand known for providing a caring, consistent and comfortable hospitality experience, delivered with a touch of home.
Country Inns & Suites By Radisson features traditional architecture and a transitional residential interior design with the brand's iconic plank lobby flooring and welcoming lobby with a fireplace. Each hotel offers free high-speed Internet*, a fitness center, a business center, and attractive comfortable furnishings that blend rich woods and natural earth tones. With more than 1,370 hotels in operation and under development in over 110 countries and territories worldwide, primarily in the U.S., Canada, India and Mexico, Country Inns & Suites is headquartered in Minneapolis, Minnesota,
and is one of seven brands within the Carlson Rezidor Hotel Group
portfolio.
#68 on Franchise Rankings.com
About My Place Hotels
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.