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Updated RecentlyMy Place Hotels vs Atwell Suites Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of My Place Hotels vs Atwell Suites including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $4,108,050 - $5,709,950 | $8,820,308 - $12,387,352 |
| Franchise Fee | $30,000 | N/A |
| Royalty Fee | - | 5% |
| Advertising Fee | - | - |
| Year Founded | 2014 | - |
| Year Franchised | 2014 | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About My Place Hotels
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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 Atwell Suites
Atwell Suites™ is a new upper-midscale, all-suites hotel brand that brings inspiration to every journey.
The approximate total investment necessary to begin operation of a typical 96-room
Atwell Suites hotel, excluding land costs and and other matters, ranges
from $8,820,308 to $12,387,352 ($91,878 to $129,035 per guest room) or
more, including between $132,710 to $157,895 or more that must be paid
to the franchisor or an affiliate.