Trend Hotels and Suites by My Place vs Hyatt Centric Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Trend Hotels and Suites by My Place vs Hyatt Centric 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
Hyatt Centric Franchise
Investment $180,050 - $2,848,700$29,373,500 - $105,360,000
Franchise Fee N/A$100,000
Royalty Fee up to 5%-
Advertising Fee --
Year Founded -2015
Year Franchised -2015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Trend Hotels and Suites by My Place Franchise
Hyatt Centric Franchise
Experience --

Financing Options
 
Trend Hotels and Suites by My Place Franchise
Hyatt Centric 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
Hyatt Centric Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Trend Hotels and Suites by My Place Franchise
Hyatt Centric 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 Hyatt Centric

"Hyatt
Start here. Discover everywhere.
Hyatt Centric hotels are located in the heart of the action, serving as the perfect spot for exploring all your destination has to offer.
Our Hyatt Centric hosts are destination experts