Trend Hotels and Suites by My Place vs The Luxury Collection Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Trend Hotels and Suites by My Place vs The Luxury Collection 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
The Luxury Collection Franchise
Investment $180,050 - $2,848,700$138,156,490 - $214,086,490
Franchise Fee N/AN/A
Royalty Fee up to 5%-
Advertising Fee --
Year Founded --
Year Franchised --
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Trend Hotels and Suites by My Place Franchise
The Luxury Collection Franchise
Experience --

Financing Options
 
Trend Hotels and Suites by My Place Franchise
The Luxury Collection Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Trend Hotels and Suites by My Place Franchise
The Luxury Collection Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Trend Hotels and Suites by My Place Franchise
The Luxury Collection 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 The Luxury Collection

"The

The franchisee will establish and operate a full-service hotel that will be designated
as a member of “The Luxury Collection.”
The total investment necessary to begin operation of a newly-constructed The Luxury Collection hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $138,156,490 to $214,086,490 for a 250-guestroom hotel. This includes approximately $368,500 to $499,500 that must be paid to the franchisor or an affiliate.