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

Below is an in-depth analysis and side-by-side comparison of Trend Hotels and Suites by My Place vs Value Place 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 Value Place
Investment 180050 - 2848700 5035000 - 7031000
Franchise Fee
Royalty Fee up to 5% 5%
Advertising Fee
Year Founded 0 2003
Year Franchised 0 2004
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Trend Hotels and Suites by My Place Value Place
Experience

Financing Options

  Trend Hotels and Suites by My Place Value Place
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Trend Hotels and Suites by My Place Value Place
Training
Support
Marketing
Operations

Expansion Plans

  Trend Hotels and Suites by My Place Value Place
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
Trend Hotels and Suites by My Place
Value Place
Franchise Fee
Trend Hotels and Suites by My Place
Value Place
Royalty Fee
Trend Hotels and Suites by My Place up to 5%
Value Place 5%
Advertising Fee
Trend Hotels and Suites by My Place
Value Place
Year Founded
Trend Hotels and Suites by My Place 0
Value Place 2003
Year Franchised
Trend Hotels and Suites by My Place 0
Value Place 2004
Term Of Agreement
Trend Hotels and Suites by My Place
Value Place 20 years
Renewal Fee
Trend Hotels and Suites by My Place
Value Place 50% of current fran. fee


Business Experience Requirements

Experience
Trend Hotels and Suites by My Place
Value Place

Financing Options

 
Franchise Fees
Trend Hotels and Suites by My Place
Value Place
Start-up Costs
Trend Hotels and Suites by My Place
Value Place
Equipment
Trend Hotels and Suites by My Place}
Value Place
Inventory
Trend Hotels and Suites by My Place
Value Place
Receivables
Trend Hotels and Suites by My Place
Value Place
Payroll
Trend Hotels and Suites by My Place
Value Place

Training & Support

Training
Trend Hotels and Suites by My Place
Value Place
Support
Trend Hotels and Suites by My Place
Value Place
Marketing
Trend Hotels and Suites by My Place
Value Place
Operations
Trend Hotels and Suites by My Place
Value Place

Expansion Plans

US Expansion
Trend Hotels and Suites by My Place Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Value Place
Canada Expansion
Trend Hotels and Suites by My Place
Value Place 0
International Expansion
Trend Hotels and Suites by My Place
Value Place