Start-Up Costs and Fees |
||
| Trend Hotels and Suites by My Place | WoodSpring Suites | |
| Investment | 180050 - 2848700 | 5035000 - 7031000 |
| Franchise Fee | ||
| Royalty Fee | up to 5% | 5% |
| Advertising Fee | 2.50% | |
| 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 | WoodSpring Suites | |
| Experience | ||
Financing Options |
||
| Trend Hotels and Suites by My Place | WoodSpring Suites | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Trend Hotels and Suites by My Place | WoodSpring Suites | |
| Training | On-The-Job Training: Upon request Classroom Training: Varies | |
| Support | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | |
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| Trend Hotels and Suites by My Place | WoodSpring Suites | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Trend Hotels and Suites by My Place | |
| WoodSpring Suites | |
| Franchise Fee | |
| Trend Hotels and Suites by My Place | |
| WoodSpring Suites | |
| Royalty Fee | |
| Trend Hotels and Suites by My Place | up to 5% |
| WoodSpring Suites | 5% |
| Advertising Fee | |
| Trend Hotels and Suites by My Place | |
| WoodSpring Suites | 2.50% |
| Year Founded | |
| Trend Hotels and Suites by My Place | 0 |
| WoodSpring Suites | 2003 |
| Year Franchised | |
| Trend Hotels and Suites by My Place | 0 |
| WoodSpring Suites | 2004 |
| Term Of Agreement | |
| Trend Hotels and Suites by My Place | |
| WoodSpring Suites | |
| Renewal Fee | |
| Trend Hotels and Suites by My Place | |
| WoodSpring Suites | |
Business Experience Requirements |
|
| Experience | |
| Trend Hotels and Suites by My Place | |
| WoodSpring Suites | |
Financing Options |
|
| Franchise Fees | |
| Trend Hotels and Suites by My Place | |
| WoodSpring Suites | |
| Start-up Costs | |
| Trend Hotels and Suites by My Place | |
| WoodSpring Suites | |
| Equipment | |
| Trend Hotels and Suites by My Place} | |
| WoodSpring Suites | |
| Inventory | |
| Trend Hotels and Suites by My Place | |
| WoodSpring Suites | |
| Receivables | |
| Trend Hotels and Suites by My Place | |
| WoodSpring Suites | |
| Payroll | |
| Trend Hotels and Suites by My Place | |
| WoodSpring Suites | |
Training & Support |
|
| Training | |
| Trend Hotels and Suites by My Place | |
| WoodSpring Suites | On-The-Job Training: Upon request Classroom Training: Varies |
| Support | |
| Trend Hotels and Suites by My Place | |
| WoodSpring Suites | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | |
| Trend Hotels and Suites by My Place | |
| WoodSpring Suites | |
| Operations | |
| Trend Hotels and Suites by My Place | |
| WoodSpring Suites | |
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 |
| WoodSpring Suites | |
| Canada Expansion | |
| Trend Hotels and Suites by My Place | |
| WoodSpring Suites | |
| International Expansion | |
| Trend Hotels and Suites by My Place | |
| WoodSpring Suites | |