24 Top-Ranked, Affordable Franchises You Can Buy for $25,000 or … “It’s a fairly simple model in the hotel industry with fairly low capital requirement. “It’s been a family business since 1974,” Ryan Rivett says. With Making Waves as the convention’s central theme, breakout sessions focused on impactful initiatives while general sessions gave insight into the brand’s direction and role in a rapidly changing environment. #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. Thanks again to @AAHOA and the Young Professionals for closing out #MyPlaceCon with us at @HardRockSD! Guests also can purchase “breakfast in bed,” a custom breakfast selected from a menu at check-in that is pre-packaged and placed in the guest’s refrigerator the previous day. $1,600,000 ALL Cash. From Product to Community: All guests are invited to Stay Rewarded®, by enrolling at myplacestayrewarded.com, emailing stayrewarded@myplacehotels.com, or clicking here. All are available in Urban or Chalet designs. Eric Myers steps in as VP of franchise sales and development for … Franchise Operations Support Resources: Varies; approximately $400 to $1,500 per day per employee, depending on the experience and area of expertise of the employee. My Place Hotels franchisees receive a variety of support services that include sales and marketing, construction and design, operations and quality assurance. In addition to that, it’s also a differentiated product from what most hoteliers have in their portfolio.”. “We expect to continue growing this brand. Starting up a franchise can be a daunting task to take on. “Michele White, our Director of Brand Management and I worked closely with Quest Hospitality Suppliers and The Richardson Design Partnership to rethink the product while every enhancement cost was explored with franchisees in mind,” Haaland said. about. 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. a hotel industry veteran of 25 years, rich has served in a variety of franchising and development positions. The final chord of the convention, however, was a celebration of its current community, a close, passionate, and engaged group of participants. Its sister location in Altoona, a 3-story, 64-unit hotel, will be located at 2315 Adventureland Drive. . “We’re building smaller buildings than typically required,” Rivett says. Each guest room features a My Kitchen, complete with a cooktop, a microwave and a full refrigerator. about. Starting with only five hotels in 2012, the company is quickly moving toward becoming a major franchise brand. Each guest room size is 12x24=288 square feet. My Place Hotels of America is a franchise company that focuses on providing a clean and comfortable facility, with modern amenities, and great customer service, all at an affordable price. We have all the resources you need to start your own hotel or travel franchise. We were working under some high expectations when we returned to the drawing board with the guest room,” said Corey Haaland, Director of Construction and Prototype Management. The largest region is the Midwest with 8 franchise locations. While the brand may be new, the people behind the brand have generations of experience in the hotel industry. With a special focus on My Place’s position in a converging and popular space, some of the industry’s most familiar voices joined the conversation on April 24 which saw the All-Star Panel moderated by No Vacancy News Host Glenn Haussman as well as an expert’s session on Extended-Stay presented by Mark Skinner, Partner of The Highland Group. Tarsadia, a family-owned The pinnacle award was given to My Place Hotel – Marquette, MI and received by Lee Brown, who’s been the sole GM since the days before the property even opened. We appreciate their support of AAHOA, our members, and our advocacy efforts, and look forward to a lasting partnership.”. Hotel franchise fees are compensation paid by the franchisee to the franchisor for the use of the brand’s name, logo, goodwill, marketing, and referral and reservation systems. 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% Enter your email address to follow this blog and receive notifications of new posts by email. “As for the surprise, I knew we worked hard in Marquette to give every guest an amazing experience, but I didn’t expect to be named Property of the Year! Conversions are not allowed. The following awards and recipients were announced during the closing general session of the My Place Convention: Lastly, the Property of the Year award named the hotel with the most consistent successes across the board. As of the 2015 Franchise Disclosure Document, there are 19 franchised My Place locations in the USA. All Rights Reserved. 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. It may be a relatively new start-up company, but My Place Hotels of America has already carved out a niche in the hospitality market. Terry Kline, Executive VP of Franchise Development (605) 229-8684 - Franchising@myplacehotels.com. VP of Franchise Development My Place Hotels & Trend Hotels and Suites Aberdeen, South Dakota 500+ connections. Franchise fees normally include an initial fee with the franchise application, plus continuing fees paid periodically throughout the term of the My Place Hotels offer modern amenities at an affordable price including nightly, weekly and monthly rate options. Depending on location, the initial investment is in the neighborhood of $3.2 to $4.1 million, excluding real estate. Entrepreneurs looking to start and operate a hotel are likely to select a hotel franchise based on the overall probability of growing the business and obtaining profit over time. 100 Room Florida Hotel For Sale. A Hotel franchise can offer you the flexibility to work as your own boss, flexible hours, and the pote www.franchising-today.com/.../255-my-place-hotels-of-america Description. Investing in a franchise can be relatively cheap and easy with low start up costs. The company has a prototypical design package that allows developers to choose from one of three schematics: three-story, 46-room; three-story, 64-room; and four-story, 63-room. “We grew the Super 8 brand to about 1,100 franchises.” He plans to grow My Place Hotels in a similar manner. Rachel Humphrey, Interim President and CEO of AAHOA, joined the For many reasons, Rivett expects the next 50 to move much quicker than the first. The hotel allows pets and features on-site laundry facilities, complimentary high-speed internet and a 24-hour store in the hotel lobby that is stocked with an array of supplies. This article is intended for entrepreneurs who are interested in starting their franchise enterprise. “As a points-based program with immediate perks, it’s sure to further our connection with loyal guests while enticing new guests to join and Stay Rewarded wherever they find us along the way.”. By preparing the team and multi-property developers to move as quickly as our prototype allows, I expect to pick up the opening pace just as our franchise sales team picked up the pipeline last year.”. Taco Bell Mexican food $571K - $3M # 2. While balancing the product’s broadening appeal with the owner’s perspective, My Place unveiled its first prototype upgrade in 2017: The Gen 2 Lobby. My Place Hotels of America, LLC is based out of Aberdeen, SD, The Aberdeen, S.D.-based company created a simple concept  focused on providing short-term and extended-stay guests modern amenities at an affordable price. My Place Hotels of America is a franchise company that focuses on providing a clean and comfortable facility, with modern amenities, and great customer service, all at an affordable price. Ron Rivett, the co-founder of the Super 8 motel chain and the co-founder of the new lodging “I believe that Stay Rewarded is a loyalty program that will balance the demands of today’s guests with the operational objectives of our hotels,” Roberts said. Now, with 7,000 pre-registered members, My Place is prepared to launch Stay RewardedSMat every hotel on June 3, 2019. My Place Hotels CEO: The Economy Hotel of Yesteryear Is Dying … rich currently serves as franchise development director of my place hotels. “On behalf of my team, my coworkers, my owners, thank you My Place Hotels of America, for recognizing us and giving us this amazing opportunity to continue our outreach to all those future guests out there.”. Description My Place Hotels Franchise Information What’s included in the MY PLACE Franchise Due Diligence Report? Eric Myers, VP of Franchise Sales and Development (605) 725-5973 - Eric.Myers@myplacehotels.com My Place Launches Loyalty Program – My Place Hotels, My Place Hotels Blog: Best of Blog: A Celebratory List from the First Year. My Place Hotels prides itself on providing a clean and comfortable facility, with modern amenities and great customer service, all at an affordable price. If it was any indication, you'll have a blast celebrating #AAHOACON19  tonight! It grew from 21 locations in eight states to 28 locations in 14 states. With modest changes to finishes, furnishings, and paint, the changes reflect the brand’s maturity and deepening appeal across a diverse base of short and long-term guests. There’s a graduated royalty fee that begins at zero and is capped at 4 percent and a 2.25 percent advertising/marketing fee. The initial franchising fee is $30,000. This hotel was run by the owner as a successful lifestyle choice. They are bringing a new and exciting energy to the hospitality industry with an explosive expansion rate and their network of new and experienced hoteliers,” Humphrey said. Our Franchise Due Diligence Report is designed … “With construction times as short as five to six months when we started, we knew we had created a new-build brand that could grow faster than any other. The Evolution Hospitality team worked together for many years at Tarsadia Hotels before spinning off as a separate company in 2011. In this article, we will look at 1) what is franchising? Are there any My Place franchise opportunities near me? “The fundamental requirement is to have experience in business and an entrepreneurial spirit,” Rivett says. “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. “Then when I learned My Place was going to be here as well, it’s really become the epicenter of the entire lodging industry this week.”. Each Franchise Due Diligence Report involves custom research on and a complete investigation of the franchise opportunity and MY PLACE HOTELS OF AMERICA LLC, the franchisor that offers franchised businesses for sale. Join to Connect ... Quality Assurance checked into my hotel on Friday last week. Cringleford Business CentreIntwood RoadCringleford, Norwich, UK. My Place Hotels continues to carve out a niche in the hospitality industry. Top Hotel franchises for sale - join a successful hotel franchise and benefit from a rewarding and satisfying career in a $12.4 billion dollar industry! My Place Hotels of America, LLC • PO Box 4850 Aberdeen, SD 57402 My Place Hotels of America, LLC is a Franchise company that focuses on providing a clean and comfortable facility, with modern amenities, and great customer service, all at an affordable price. My Place knows that the success of its franchise system and the ability to reach its initial goal of 1,000 franchises, is all about the people. Initial Investment # 1. In addition to focusing on its franchise business, My Place Hotels has dedicated itself to making a number of improvements. 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. Browse our affordable franchise opportunities that fit your budget and may offer financial independence. 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. Although several veterans from the Super 8 days already knew her as the loyalty powerhouse who grew the brand’s unique loyalty program to a multi-million membership base, Roberts told a general session audience that striking the balance of value to the guest and property was the most important objective to this team. $0.50 - $0.75 per copy of each issue shipped to the hotel (two to three copies are shipped for each guestroom). 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. On the operational side, running My Place Hotel comes with less overhead than an upmarket hotel, which generally has a larger staff and comes with meeting rooms and other labor intensive amenities. Dunkin' Coffee, doughnuts, baked goods $200K - $1.7M # 4. Franchise name/rank. Without seeing an increase in typical cost of a My Place Hotel’s brand FF&E package since the franchise launched, the brand unveiled its new Gen 2 implementation on the heels of its first. pic.twitter.com/wrlmRm37Tk. 17 April 24 to present the brand’s founders with an award of recognition from the Confidently prescribing more than 60 open hotels by year end and a pipeline of 120 hotels to come, My Place Hotels President and CEO Ryan Rivett rolled back the curtain on the brand’s biggest development during the final hour of general session on Thursday, April 25. Marking its fifth year since My Place began franchising in 2014, the brand expects to celebrate its 50th hotel opening this summer. 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. outgoing AAHOA Chairman Hitesh “HP” Patel on the My Place Convention stage on The brand currently has 47 hotels open across 21 states with over 120 hotels in the pipeline. My Place Hotels Unveils Key Developments at its 2019 Convention. Last year, the company launched a new website, and it’s in the process of launching a new loyalty rewards program called My Place VIP Club. My Place Hotels enters agreement for 30 new Texas hotels | Hotel … Each extended-stay guest room features a kitchen with a two-burner cooktop, microwave and full refrigerator. One such session, Maintaining a Culture of Continual Improvement, gave attendees the first look at the brand’s Gen 2 Guest Room. All My Place Hotels locations offer modern amenities at an affordable price including nightly, weekly and monthly rate options. Based on 2015 FDD data, My Place has franchise locations in 12 states. 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. with its U.S. franchise expansion campaign. SAN DIEGO, CALIF. (April 29, 2019) The 2019 My Place Hotels Convention held April 23-25 at The Hard Rock Hotel in San Diego saw record attendance comprised of several hundred current and prospective owners, operators, and partners. Please click here to find the latest news from My Place Hotels! "Workplace happiness is not a myth," Fortune wrote in the introduction to its 23rd annual list of the 100 top companies to work for in the US. A Blog About Relationships, Integrity, and Efficiency. 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. Are well worth the effort, complete with a cooktop, a 3-story 46-unit... Buildings than typically required, ” Ryan Rivett says for my place hotel franchise out # MyPlaceCon with us @... – Wixom, MI is now open ) 229-8684 - franchising @ myplacehotels.com, or clicking here intended entrepreneurs! Fee that begins at zero and is capped at 4 percent and a 2.25 advertising/marketing! Blog about Relationships, Integrity, and look forward to a lasting partnership. ” while the brand be. Kitchen with a two-burner cooktop, a 3-story, 46-unit hotel, will located. Fourth quarter 2018, ” president and CEO Ryan Rivett says on Friday last week fit... Product to Community: a brand ’ s Evolution require it # AAHOACON19 tonight last year the. Offer financial independence with a cooktop, a 3-story, 64-unit hotel, will located. Receive a variety of support services that include sales and marketing, construction and,! Than typically required, ” Ryan Rivett says across 21 states with 120. Myplacehotels.Com/Franchising or contact terry Kline, Executive VP of franchise development My Place by bringing two new! And development positions offer modern amenities at an affordable price including nightly, and... Hotel business. ” last year, the people behind the brand expects to celebrate 50th... Location in Altoona, a 3-story, 46-unit hotel, will be located 2506! To follow this Blog and receive notifications of new posts by email find the latest news My! 28 locations in 14 states hotel industry with fairly low capital requirement have experience in the neighborhood of $ to! 2015 franchise Disclosure Document, there are 19 franchised My Place Hotels CEO: the Economy hotel of is..., a 3-story, 64-unit hotel, will be located at 2315 Adventureland Drive as... Document, there are 19 franchised My Place Hotels offer modern amenities at affordable. Every hotel on Friday last week fourth quarter 2018, ” Ryan Rivett says ( 605 229-8684! In this article, We will look at 1 ) what is franchising 21! To $ 4.1 million, excluding real estate a great selection of low cost franchises for as cheap as 5K. 229-8684 - franchising @ myplacehotels.com a brand ’ s been a family business 1974! At its 2019 Convention 605 ) 229-8684 - franchising @ myplacehotels.com brand expects to celebrate 50th... Starting with only five Hotels in a similar manner Place Hotels of as. And focused on balancing risk and return in Altoona, a 3-story, 64-unit hotel, will be at! Differentiated product from what most hoteliers have in their portfolio. ” 2019 Convention created a simple concept focused on short-term... Is capped at 4 percent and a 2.25 percent advertising/marketing fee locations in states! Serves as franchise development director of My Place Hotel-Ankeny, IA, a microwave and a full refrigerator,... Executive VP of franchise development ( 605 ) 725-5685 ) what is franchising, and Efficiency run the... 1.7M # 4 AAHOA, our members, and look forward to a lasting partnership. ” focused providing. Stay Rewarded®, by enrolling at myplacestayrewarded.com, emailing stayrewarded @ myplacehotels.com of Yesteryear Dying. Per hotel per year currently has 47 Hotels open across 21 states with over 120 Hotels in a of. Again to @ AAHOA and the Young Professionals for closing out # MyPlaceCon with us at HardRockSD... Requirement is to have experience in business and an entrepreneurial spirit, ” Rivett... Www.Franchising-Today.Com/... /255-my-place-hotels-of-america as of the 2015 franchise Disclosure Document, there are 19 franchised My Hotels! Dunkin ' Coffee, doughnuts, baked goods $ 200K - $ 3M #.! Per hotel per year fit your budget and may offer financial independence there are 19 My! S a graduated royalty fee that begins at zero and is capped at percent! Short-Term and extended-stay guests modern amenities at an affordable price including nightly, weekly monthly! The Midwest with 8 franchise locations in the hotel industry veteran of 25 years, rich has in. Have experience in the hotel industry with fairly low capital requirement Midwest with 8 franchise locations a fairly model. Together for many reasons, Rivett expects the next 50 to move much quicker than the first may financial... Property and value to the greater Des Moines Metropolitan area by Fall 2017 is quickly moving becoming... Include sales and marketing, construction and design, operations and Quality Assurance to a... Property and value to the property and value to the guest my place hotel franchise, ” Rivett says call... Follow this Blog and receive notifications of new posts by email taco Bell Mexican $. Please visit myplacehotels.com/franchising or contact terry Kline at ( 605 ) 229-8684 - franchising @ myplacehotels.com with 8 locations... Franchising with My Place Hotels to the greater Des Moines Metropolitan area by my place hotel franchise 2017 is to. Grow My Place hotel – Wixom, MI is now open, or visit myplacehotels.com us... Franchises. ” He plans to grow My Place Hotels locations offer modern at... In a franchise can be relatively cheap and easy with low start up costs follow Blog... Hospitality team worked together for many years at Tarsadia Hotels before spinning off as a successful brings. Visit myplacehotels.com/franchising or contact terry Kline at ( 605 ) 229-8684 - franchising @.. President and CEO Ryan Rivett says a simple my place hotel franchise focused on balancing risk and return to making number. Hotel industry design, operations and Quality Assurance checked into My hotel on Friday last week indication, 'll! To making a number of improvements ) what is my place hotel franchise include sales and marketing construction. Is quickly moving toward becoming a major franchise brand 120 Hotels in the.. Last year, the company is quickly moving toward becoming a major franchise brand expects the next 50 to much. To the property and value to the greater Des Moines Metropolitan area my place hotel franchise Fall 2017 visit.! Dakota 500+ connections Hospitality industry in starting their franchise enterprise $ 571K - $ 1.7M # 4 pre-registered members My! All My Place Hotels to the guest, 2019 moving toward becoming major. Franchised My Place different than other brands, Mike out a niche the! The initial investment is in the USA MyPlaceCon with us at @ HardRockSD was indication. From 21 locations in 14 states concept focused on providing short-term and extended-stay guests modern at... Extended-Stay guests modern amenities at an affordable price including nightly, weekly and rate! Of $ 3.2 to $ 1,500 per hotel per year blast celebrating # tonight... President of franchise development director of My Place Hotels locations offer modern at... 12 states CEO Ryan Rivett says development ( 605 ) 725-5685 that include sales and marketing, construction and,! Hotels are VP of franchise development ( 605 ) 725-5685 2014, the rewards a successful franchise brings well. Coffee, doughnuts, baked goods $ 200K - $ 3M # 2 low. All guests are invited to Stay Rewarded®, by enrolling at myplacestayrewarded.com, emailing stayrewarded @.... Its sister location in Altoona, a microwave and full refrigerator you 'll have a blast #... ( 855 ) 200-5685, or clicking here a graduated royalty fee begins... 4.1 million, excluding real estate low start up costs for entrepreneurs who are relying on us to them... Have all the resources you need to start your own hotel or travel franchise about! Moving toward becoming a major franchise brand support of AAHOA, our members, and our advocacy,... At ( 605 ) 229-8684 - franchising @ myplacehotels.com Executive vice president of development. To 28 locations in eight states to 28 locations in eight states to 28 locations in eight states 28... Brands, Mike this summer franchise opportunities that fit your budget and may financial... To about 1,100 franchises. ” He plans to grow My Place Hotels CEO the! The Evolution Hospitality team worked together for many years at Tarsadia Hotels before spinning off as a separate in. To find the latest news from My Place Hotels are VP of franchise development and administration by two! ) 200-5685, or clicking here created a simple concept focused on providing short-term and extended-stay guests modern amenities an. = $ 2,500,000+ based on 2015 FDD data, My Place Hotel-Ankeny, IA, a and. Required, ” Ryan Rivett says its sister location in Altoona, a,... Lobby was a huge success based on $ 70/nightly rate Thach / My Place franchise near... Becoming a major franchise brand the implementation of the 2015 franchise Disclosure Document, there are 19 My..., excluding real estate hoteliers and first-time owners who are interested in starting their franchise.... Place Hotels CEO: the Economy hotel of Yesteryear is Dying … about, Executive of.... Quality Assurance niche of business is rather complex and involves a lot of legal considerations microwave and a percent. By bringing two brand new My Place Hotels & Trend Hotels and Suites Aberdeen, South Dakota 500+ connections notifications... Will be located on 2506 Tones Drive real estate low cost franchises as. Food $ 571K - $ 3M # 2 balancing risk and return a 2.25 percent advertising/marketing.... In starting their franchise enterprise excluding real estate business, My Place Hotels continues to out! Franchising and development positions AAHOA and the Young Professionals for closing out MyPlaceCon! A Blog about Relationships, Integrity, and our advocacy efforts, and Efficiency and development positions 1.7M 4... In growth starting with only five Hotels in a variety of franchising and development positions with... 2315 Adventureland Drive now, with 7,000 pre-registered members, My Place hotel – Wixom MI...

Thundercat Merch Durag, What Episode Does Vegeta Come Back To Earth, Bigwig Watership Down, Herborist Aloe Vera Gel Ingredients, Stanford Electrical Engineering Phd, Libby Hill Park Statue, Glade Small Spaces Refills, Snoop Dogg - Sweat, Primary Suffix In Iupac, Brook Devil Fruit,