My Place Hotels vs Wyndham Garden Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of My Place Hotels vs Wyndham Garden including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$4,108,050 - $5,709,950 | $446,776 - $14,378,293 |
Franchise Fee |
$30,000 | $39,500 |
Royalty Fee |
- | 5% |
Advertising Fee |
- | 3% |
Year Founded |
2014 | 1996 |
Year Franchised |
2014 | 1996 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | Yes/- |
Start-up Costs |
-/- | Yes/- |
Equipment |
-/- | -/Yes |
Inventory |
-/- | Yes/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/Yes |
Training & Support |
Training |
- |
On-The-Job Training: Up to 30 hours
Classroom Training: 38-70 hours
|
Support |
- | Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Franchisee Intranet Platform
|
Marketing |
- | Co-op Advertising
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app
|
Operations |
- | - |
Expansion Plans |
US Expansion |
Yes | - |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
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.
About Wyndham Garden
Conveniently situated in key airport and suburban locations, Wyndham
Garden offers thoughtful guest rooms, cozy lounges, and flexible meeting
spaces to make your travels a bit easier.
The franchisee will use the Wyndham Garden® system to establish and
operate an upscale select service Wyndham Garden guest lodging facility.
Strong partnership with our owners, along with one-on-one, personalized support,
is the backbone of our mutual success.