Question 1

Does My Place Hotels of America franchise offer exclusive territory?

Accepted Answer

My Place Hotels of America offers Exclusive territory protection to its franchisees. This means no other franchisee can open in your designated area.

Question 2

What is the My Place Hotels of America franchise agreement term length?

Accepted Answer

The initial franchise agreement term for My Place Hotels of America is 20 years. The total potential term is 20 years.

Question 3

What is the non-compete clause for My Place Hotels of America franchise?

Accepted Answer

The My Place Hotels of America franchise non-compete clause extends for 2 years after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a My Place Hotels of America franchise?

Accepted Answer

Yes, My Place Hotels of America allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $20,000 applies.