My Place Hotels vs MGallery Hotel Collection Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of My Place Hotels vs MGallery Hotel Collection 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 | $50,412,500 - $86,813,500 |
Franchise Fee |
$30,000 | N/A |
Royalty Fee |
- | - |
Advertising Fee |
- | - |
Year Founded |
2014 | 2018 |
Year Franchised |
2014 | 2018 |
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 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 MGallery Hotel Collection
MGallery
is where memorable stories are lived and shared. With more than 100
boutique hotels around the world, each tells a unique story inspired by
its destination thanks to bespoke design, sensorial mixology and
wellbeing dedicated to women.