Boarders Inn and Suites by Cobblestone Hotels vs My Place Hotels Franchise Comparison

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

Start-Up Costs and Fees

 
Boarders Inn and Suites by Cobblestone Hotels Franchise
My Place Hotels Franchise
Investment $46,649 - $7,727,647$4,108,050 - $5,709,950
Franchise Fee $20,000$30,000
Royalty Fee $2/room/day-
Advertising Fee .25/room/day-
Year Founded 20082014
Year Franchised 20122014
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Boarders Inn and Suites by Cobblestone Hotels Franchise
My Place Hotels Franchise
Experience --

Financing Options

 
Boarders Inn and Suites by Cobblestone Hotels Franchise
My Place Hotels Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Boarders Inn and Suites by Cobblestone Hotels Franchise
My Place Hotels Franchise
Training

*5 days at corporate headquarters. *14 days at Hotel location *up to 14 days at each additional Hotel location

-
Support --
Marketing --
Operations 90% are owner/Operators. 10% are investors-

Expansion Plans

 
Boarders Inn and Suites by Cobblestone Hotels Franchise
My Place Hotels Franchise
US Expansion YesYes
Canada Expansion --
International Expansion Yes-

Company Overviews

About Boarders Inn and Suites by Cobblestone Hotels

By choosing Boarders Inn and Suites by Cobblestone Hotels you take control of your branding! Boarders Inn and Suites by Cobblestone Hotels offers a Membership Brand that you can be proud to be a part of. When you are a part of a the Membership Team you decide what happens to the brand. No Capital Crushing Franchise Mandates, Closter phobic Long Franchise Commitments, Extremely High Initial Payments, or Bottom-Dollar Busting Franchise Fee for each reservation that you work hard to bring in. Boarders Inn and Suites by Cobblestone offers all that other brands have to offer without all the headache. Brand Support along with Sales and Marketing Support are things that we pride ourselves in.

About My Place Hotels

"My

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.