Four Points by Sheraton vs My Place Hotels Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Four Points by Sheraton vs My Place Hotels including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$9,400,610 - $25,923,410 | $4,108,050 - $5,709,950 |
Franchise Fee |
$60,000 | $30,000 |
Royalty Fee |
- | - |
Advertising Fee |
- | - |
Year Founded |
2017 | 2014 |
Year Franchised |
2017 | 2014 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
Yes | - |
Company Overviews
About Four Points by Sheraton
Marriott International is the world’s largest travel company, offering
unmatched choice, like Four Points by Sheraton, for guests and driving unrivaled value for owners. With
our expansive portfolio of brands, dynamic sales and marketing
platform, and a global scale that drives efficiencies, our owners
benefit from a clear competitive advantage and opportunity to maximize
each hotel investment.
About My Place Hotels
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.