Home2 Suites vs Trend Hotels and Suites by My Place Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Home2 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

 
Home2 Suites Franchise
Trend Hotels and Suites by My Place Franchise
Investment $9,102,300 - $17,456,500$180,050 - $2,848,700
Franchise Fee $75,000N/A
Royalty Fee 5%up to 5%
Advertising Fee 3.5%-
Year Founded 2008-
Year Franchised 2009-
Term Of Agreement 22 years-
Term Of Agreement 22 years-
Renewal Fee Same as initial fee-


Business Experience Requirements

 
Home2 Suites Franchise
Trend Hotels and Suites by My Place Franchise
Experience --

Financing Options

 
Home2 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

 
Home2 Suites Franchise
Trend Hotels and Suites by My Place Franchise
Training On-The-Job Training: 1 hour Classroom Training: Varies -
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform -
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
Operations Number of Employees Required to Run: 30 -

Expansion Plans

 
Home2 Suites Franchise
Trend Hotels and Suites by My Place Franchise
US Expansion YesYes
Canada Expansion Yes-
International Expansion No-

Company Overviews

About Home2 Suites

Home2 Suites by Hilton, one of the fastest-growing brands in the history of Hilton, is a mid-tier, all-suite, award-winning extended-stay hotel concept designed to offer stylish accommodations with flexible guest room configurations and inspired amenities for the cost-conscious guest. With a commitment to environmentally friendly products and hotel operations, Home2 Suites offers complimentary breakfast selections with hundreds of combinations; innovative and customizable guest room designs; laundry and fitness areas; complimentary WiFi; multiple outdoor spaces; 24-hour business centers; expansive community spaces; and pet-friendly environments.

The total investment necessary to begin operation of a newly constructed 107 suite Home2 Suites by Hilton hotel, excluding real property, is $9,111,295 to $17,474,775, including up to $236,995 that must be paid to the franchisor or their affiliates.

Veteran Incentives  Varies
"Entrepreneur
#113 in Franchise 500 for 2020.
#43 in Franchise 500 for 2021.







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.