Trend Hotels and Suites by My Place vs EVEN Hotels Franchise Comparison

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

Start-Up Costs and Fees

 
Trend Hotels and Suites by My Place Franchise
EVEN Hotels Franchise
Investment $180,050 - $2,848,700$16,697,959 - $24,459,635
Franchise Fee N/A$75,000
Royalty Fee up to 5%5%
Advertising Fee --
Year Founded -2012
Year Franchised -2014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Trend Hotels and Suites by My Place Franchise
EVEN Hotels Franchise
Experience --

Financing Options

 
Trend Hotels and Suites by My Place Franchise
EVEN Hotels Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

 
Trend Hotels and Suites by My Place Franchise
EVEN Hotels Franchise
Training - On-The-Job Training: Varies Classroom Training: Varies
Support - Ongoing Support Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing - Ad Templates National Media SEO Website development Loyalty program/app
Operations --

Expansion Plans

 
Trend Hotels and Suites by My Place Franchise
EVEN Hotels Franchise
US Expansion YesYes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Trend Hotels and Suites by My Place

"TREND

Trend Hotels & Suites by My Place is a collection of unique hotel assets assembled into a franchise system created for the purpose of providing collective intelligence, support, strength, and value to each individual hotelier by deploying the strong fundamentals and culture of the My Place organizations, principles, and people.

Trend Hotels & Suites by My Place was inspired by the actual needs of hundreds of hoteliers today.


About EVEN Hotels

"EVEN

The EVEN Hotels brand helps travellers make healthier choices that impact every aspect of their personal wellness at an affordable price point. The brand is focused on ensuring guests Eat Well, Rest Easy, Keep Active and Accomplish More: