Question 1

What is the Trend Hotels and Suites by My Place franchise royalty rate?

Accepted Answer

The Trend Hotels and Suites by My Place franchise charges a royalty rate of 5.0% of gross sales, according to the latest Franchise Disclosure Document (FDD).

Question 2

What are the total ongoing fees for a Trend Hotels and Suites by My Place franchise?

Accepted Answer

The total ongoing fee rate for a Trend Hotels and Suites by My Place franchise is approximately 7.5% of gross sales, including royalty, marketing, technology, and other recurring fees.

Question 3

What is the Trend Hotels and Suites by My Place franchise advertising fee?

Accepted Answer

Trend Hotels and Suites by My Place requires a national advertising/marketing fund contribution of 2.5% of gross sales.