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Updated RecentlyTrend Hotels and Suites by My Place vs Oyo Hotels Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Trend Hotels and Suites by My Place vs Oyo 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 | $180,050 - $2,848,700 | $97,700 - $179,700 |
| Franchise Fee | N/A | N/A |
| Royalty Fee | up to 5% | - |
| Advertising Fee | - | - |
| Year Founded | - | 2019 |
| Year Franchised | - | 2019 |
| 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 Trend Hotels and Suites by My Place
!["TREND]("https://fddexchange.com/wp-content/uploads/2020/07/TREND-HOTELS.png")
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 Oyo Hotels
!["Oyo]("https://fddexchange.com/wp-content/uploads/2019/09/Oyo-Hotels-300x156.png")
Opening its doors in 2013, OYO Hotels & Homes, a young hotel startup, today is the world’s leading chain of hotels, homes, and spaces. The portfolio combines fully operated real estate comprising more than 44,000 hotels with over 1.2 million rooms. Through its vacation homes business, the company offers travelers and city dwellers access to over 125,000 homes around the world under OYO Home, Belvilla, Danland, Dancenter and Germany-based Traum-Ferienwohnungen brands.
OYO today operates in over 800 cities in 80 countries, including the U.S., Europe, U.K., India, Middle East, Southeast Asia, and Japan.