My 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

 
My Place Hotels Franchise
Hyatt House Hotels Franchise
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 20141957
Year Franchised 20142011
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
My Place Hotels Franchise
Hyatt House Hotels Franchise
Experience --

Financing Options

 
My Place Hotels Franchise
Hyatt House Hotels Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
My Place Hotels Franchise
Hyatt House Hotels Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
My Place Hotels Franchise
Hyatt House Hotels Franchise
US Expansion YesYes
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.