Trend Hotels by My Place franchise
A hotel affiliation for independent properties using the Trend by My Place brands.
- Cost to open
- $273K–$2.95M
- Franchise fee
- $45,000
- Royalty
- 5% after introductory ramp-up
- Locations, 2025
- 00 in 3 yrs
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Company snapshot
- SBA loans
- Not on the SBA Franchise Directory
From MY PLACE HOTELS OF AMERICA, LLC’s 2026 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
How much a Trend Hotels by My Place franchise costs
Opening one Trend Hotels by My Place costs an estimated $272,500 to $2,947,000. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: MY PLACE HOTELS OF AMERICA, LLC, 2026 filing, page 25
Trend Hotels by My Place franchise fee
The franchise fee is $45,000. You pay it when you sign the franchise agreement.
Source: MY PLACE HOTELS OF AMERICA, LLC, 2026 filing, page 13
Royalty and ongoing fees
| Royalty | No royalty for the first 30 days, then 2.5% of gross room revenue through day 90, 4% through day 180 and 5% thereafter. |
|---|
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: MY PLACE HOTELS OF AMERICA, LLC, 2026 filing, page 15
Sales and earnings
No figures Trend Hotels by My Place does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: MY PLACE HOTELS OF AMERICA, LLC, 2026 filing, page 49
Locations opened and closed
| Year | Franchised | Company-owned | Closed |
|---|---|---|---|
| 2023 | 0 (0) | 0 | 0 |
| 2024 | 0 (0) | 0 | 0 |
| 2025 | 0 (0) | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
Source: MY PLACE HOTELS OF AMERICA, LLC, 2026 filing, page 50
How Trend Hotels by My Place compares
Of the 45 hotel franchises on this site, Trend Hotels by My Place is the 8th cheapest to open and the 44th largest by number of locations.
| Measure | Trend Hotels by My Place | Typical hotel |
|---|---|---|
| Cost to open, low end | $273K | $9.16M |
| Shares earnings figures | No | 27 of 45 |
Typical is the median across the 45 brands in hotel franchises.
