Starting up a franchise can be a daunting task to take on. “AAHOA’s members eagerly anticipate the opportunity to work with the team at My Place because of their vision for scaling up the brand over the next five years. Marking its fifth year since My Place began franchising in 2014, the brand expects to celebrate its 50th hotel opening this summer. #Myplacecon pic.twitter.com/l5gZ2stMrj, “Seeing that our focus on internal growth has paid off by allowing us to facilitate every franchisee’s need from development to operations is affirmative of our direction,” Rivett said. Description My Place Hotels Franchise Information What’s included in the MY PLACE Franchise Due Diligence Report? My Place Hotels offer pet friendly accommodations, include on-site laundry facilities, complimentary high-speed internet service and a 24-hour My Store, located in the hotel lobby and stocked with an array of supplies for the guests’ convenience. Conversions are not allowed. Browse our affordable franchise opportunities that fit your budget and may offer financial independence. While both sessions brought the changing landscape of extended-stay into clear view, Skinner’s study of the competitive inventory showed the age of My Place’s competitors as well as the gains the brand is set to make in the coming years. “We grew the Super 8 brand to about 1,100 franchises.” He plans to grow My Place Hotels in a similar manner. In addition to focusing on its franchise business, My Place Hotels has dedicated itself to making a number of improvements. The largest region is the Midwest with 8 franchise locations. Discover a successful business opportunity with hotel franchises from Franchising.com. Are there any My Place franchise opportunities near me? Dunkin' Coffee, doughnuts, baked goods $200K - $1.7M # 4. As for the estimated change in new rooms, My Place is slated to be the second fastest growing extended-stay brand in the U.S. Skinner said. To book your stay at My Place, please call the toll-free reservation line at: (855) 200-5685, or visit myplacehotels.com. outgoing AAHOA Chairman Hitesh “HP” Patel on the My Place Convention stage on 100 Room Florida Hotel For Sale. The brand currently has 47 hotels open across 21 states with over 120 hotels in the pipeline. All guests are invited to Stay Rewarded®, by enrolling at myplacestayrewarded.com, emailing [email protected], or clicking here. © 2016 Franchising-Today.com. From its loyalty program to the tremendous amount of valuable impressions made throughout an epic week in San Diego, the brand’s community is certain to grow and evolve in the short term. As another familiar face of the industry and friend of My Place stated on the All-Star Panel, San Diego was host to a history-making week in hospitality. The company is based out of Aberdeen, S.D., and offers franchisees a new construction brand, designed to ensure quality, consistency and the highest of standards for delivering marketplace value. “The implementation of the Gen 2 Lobby was a huge success based on the cost to the property and value to the guest. Continuing its franchise expansion campaign, the chain has 33 hotels open and operating with a near-term pipeline of 32 additional hotels and midterm commitments for upwards of 40 more hotels to follow. “My Place’s all new construction product, relatively low per hotel development costs, and strong brand support are key competitive strengths in making My Place one of the fastest growing extended-stay hotel brands in the country,” Skinner said. When looking at a franchisee, the company seeks those that will operate multiple locations, but it doesn’t require it. My Place Hotels Unveils Key Developments at its 2019 Convention. $1,600,000 ALL Cash. rich currently serves as franchise development director of my place hotels. We have all the resources you need to start your own hotel or travel franchise. In this article, we will look at 1) what is franchising? The initial franchising fee is $30,000. 24 Top-Ranked, Affordable Franchises You Can Buy for $25,000 or … My Place Hotel-Ankeny, IA, a 3-story, 46-unit hotel, will be located on 2506 Tones Drive. AC Hotels by Marriott $75K or $500/rm 5.5% 2.5% Aloft Hotels $60K + $450/rm > 150 rms 5.5% Included in program fee of 4% American Idea Hotels $35K 4% Attendees also received insight to the program’s development process from My Place Director of Brand Loyalty, Irene Roberts, who picked up the brand’s research and development upon her hire in 2017. As of the 2015 Franchise Disclosure Document, there are 19 franchised My Place locations in the USA. 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