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

Below is an in-depth analysis and side-by-side comparison of Candlewood Suites 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

 
Candlewood Suites Franchise
Trend Hotels and Suites by My Place Franchise
Investment $7,807,040 - $10,716,900$180,050 - $2,848,700
Franchise Fee $50,000N/A
Royalty Fee 5%up to 5%
Advertising Fee --
Year Founded 1995-
Year Franchised 1996-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

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

Financing Options

 
Candlewood Suites Franchise
Trend Hotels and Suites by My Place Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/Yes-/-
Payroll -/Yes-/-

Training & Support

 
Candlewood Suites Franchise
Trend Hotels and Suites by My Place Franchise
Training On-The-Job Training: Varies Classroom Training: Varies -
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 --

Expansion Plans

 
Candlewood Suites Franchise
Trend Hotels and Suites by My Place Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Candlewood Suites

At Candlewood Suites® hotels we offer a more casual kind of longer stay, where you’ll always feel at home, at your best and really productive while on the road. All of our locations throughout the Americas are easily accessible and we’re always opening new hotels, so guests can book a spacious suite whenever and wherever it works for them.
Candlewood Suites gives you the amenities that make you feel at home. Fully-equipped suites, room to spread out, space to work and space to relax.

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.