Value Place vs Trend Hotels and Suites by My Place Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Value Place 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

 
Value Place Franchise
Trend Hotels and Suites by My Place Franchise
Investment $5,035,000 - $7,031,000$180,050 - $2,848,700
Franchise Fee $5,000N/A
Royalty Fee 5%up to 5%
Advertising Fee --
Year Founded 2003-
Year Franchised 2004-
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee 50% of current fran. fee-


Business Experience Requirements

 
Value Place Franchise
Trend Hotels and Suites by My Place Franchise
Experience --

Financing Options

 
Value Place Franchise
Trend Hotels and Suites by My Place 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

 
Value Place Franchise
Trend Hotels and Suites by My Place Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Value Place Franchise
Trend Hotels and Suites by My Place Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion No-

Company Overviews

About Value Place

Convenient Options for Temporary Housing

Enjoy the convenience of fully furnished suites and amenities that help you feel at home. Whether you’re traveling for work, moving to a new city, visiting family, remodeling you home, or you just need a place to stay for a while, we’re here for you. With nearly 300 locations across the country - and new hotels opening this year - it’s easy to find the WoodSpring Suites hotel that meets your needs.

How to Save Even More With Our Monthly Pre-Paid Rates

  • Search for your destination on WoodSpring.com with a date range of 28+ nights.
  • Look for our exclusive "Stay Longer and Save” rates.
  • Pre-pay for the first 28 nights of your stay when you check in, then pay every 28-nights for the rest of your stay.
  • The price you see, plus taxes and fees, is the price you’ll pay. The rate you see is the discounted rate for your 28+ night stay.

Planning a shorter visit? Check out our affordable weekly rates.


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.