15 frequently asked questions answered with data from the 2025 Franchise Disclosure Document.
Jump to section
The total initial investment to open a My Place Hotels of America franchise ranges from $5.7M to $7.0M (2025 FDD). This includes the franchise fee, equipment, build-out, inventory, and working capital needed before opening.
View full investment analysisThe initial franchise fee for My Place Hotels of America is $40K (2025 FDD). This one-time fee is paid to the franchisor when signing the franchise agreement and covers the right to use the brand, systems, and initial training.
View full investment analysisData sourced from the My Place Hotels of America 2025 Franchise Disclosure Document (FDD). Always review the most current FDD and consult with a franchise attorney before making investment decisions.
Yes, a My Place Hotels of America franchise requires a physical location (2025 FDD). Franchisees will need to lease or purchase commercial real estate, which is a significant component of the total investment.
View full investment analysisMy Place Hotels of America charges a royalty fee of 4.8% of gross sales (2025 FDD). This ongoing fee is typically paid weekly or monthly to the franchisor for continued use of the brand and support systems.
View full fees analysisThe total ongoing fee rate for a My Place Hotels of America franchise is approximately 7.5% of gross sales (2025 FDD). This includes the royalty fee, a 2.8% marketing/advertising fund contribution, a $1204/month technology fee, and other recurring charges.
View full fees analysisMy Place Hotels of America has been involved in 1 litigation cases over the past 3 years (2025 FDD). There are no class action lawsuits pending.
View full litigation analysisNo, the My Place Hotels of America franchisor has no bankruptcy filings in their disclosure history (2025 FDD).
View full litigation analysisMy Place Hotels of America offers exclusive territory rights to its franchisees (2025 FDD). The franchise agreement includes encroachment protection, preventing the franchisor from placing another unit in your territory. Franchisees retain online sales rights for their territory.
View full territory analysisMy Place Hotels of America currently operates 73 locations (2025 FDD) (51 franchised, 22 company-owned). The system grew by 4.3% over the past year. The 3-year compound annual growth rate is 3.4%.
View full growth analysisThe 1-year franchisee turnover rate for My Place Hotels of America is 1.4% (2025 FDD). This includes closures, terminations, non-renewals, and transfers. A lower turnover rate generally indicates higher franchisee satisfaction and system stability.
View full growth analysisThe initial franchise agreement term for My Place Hotels of America is 20 years (2025 FDD). The total potential term is 20 years.
View full contract analysisMy Place Hotels of America's post-termination non-compete clause lasts 2 years after termination or expiration (2025 FDD).
View full legal analysisYes, My Place Hotels of America's franchise agreement requires mandatory arbitration for dispute resolution (2025 FDD). The agreement includes a jury trial waiver.
View full legal analysisMy Place Hotels of America provides 96 hours of initial training over approximately 2 weeks (2025 FDD). Ongoing field support is provided on a as-needed basis.
View full support analysisYes, My Place Hotels of America provides site selection assistance to help franchisees find the right location (2025 FDD). The franchisor also provides technology support and systems.
View full support analysis