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Updated RecentlyMy Place Hotels vs Hyatt House Hotels Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of My Place Hotels vs Hyatt House Hotels 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 | $15,269,000 - $30,124,500 |
| Franchise Fee | $30,000 | $60,000 - $100,000 |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | 2014 | 1957 |
| Year Franchised | 2014 | 2011 |
| 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 Hyatt House Hotels
In 1957, Jay Pritzker purchased the first Hyatt property, and it was
named Hyatt House.
Today, we provide hotels that guests can not only
stay in, but live in. No matter how long you stay, relax and settle into
our house as if it were your own.