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Updated RecentlyHoliday Inn vs Trend Hotels and Suites by My Place Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Holiday Inn 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 |
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| Investment | $8,993,365 - $20,018,168 | $180,050 - $2,848,700 |
| Franchise Fee | $50,000 | N/A |
| Royalty Fee | 5-6% | up to 5% |
| Advertising Fee | - | - |
| Year Founded | 1990 | - |
| Year Franchised | 1990 | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/Yes | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | -/Yes | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| 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 | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | Yes | - |
Company Overviews
About Holiday Inn
Holiday Inn Express continues to Stay Smart by offering travelers competitive rates and convenient locations around the globe. The Holiday Inn Express prototype design allows for lower costs, lower overhead, and a more efficiently-staffed operation. Holiday Inn Express continues to set the pace in the mid-scale without food and beverage hotel category as the fastest-growing brand, opening on average two new hotels every week. Now, that is smart!
!["Top]("https://www.betheboss.ca/images/top-100-logo.final%202020.png"){kind=logo}
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
#53 in Canada's Top franchises.
#36 in Franchise 500 for 2020.
#57 in Franchise 500 for 2021.
About Trend Hotels and Suites by My Place
!["TREND]("https://fddexchange.com/wp-content/uploads/2020/07/TREND-HOTELS.png")
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.