My Place Hotels vs Tru by Hilton Franchise Comparison

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

Start-Up Costs and Fees
 
My Place Hotels Franchise
Tru by Hilton Franchise
Investment $4,108,050 - $5,709,950$8,332,795 - $13,542,175
Franchise Fee $30,000$75,000
Royalty Fee -5%
Advertising Fee -4%
Year Founded 2014-
Year Franchised 2014-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
My Place Hotels Franchise
Tru by Hilton Franchise
Experience --

Financing Options
 
My Place Hotels Franchise
Tru by Hilton Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
My Place Hotels Franchise
Tru by Hilton Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
My Place Hotels Franchise
Tru by Hilton Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

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.




About Tru by Hilton

"Tru

You deserve Tru's best every day: a clean, comfortable place to stay and service with a smile. If it's not our best, please let us know. We promise to make it right or we'll cover your night.

#68 in Franchise 500 for 2021. Not ranked in 2020.