My Place Hotels

Aiming to provide a balance between cost and return for franchise operators and a price and value balance for guests, My Place economy extended-stay hotels are built to accommodate transient business and leisure travelers. Developed by a team with nearly 40 years of experience in the lodging industry, including one of the founders of Super 8, the first My Place hotel opened in Dickinson, N.D., in 2012. The company has an ambitious growth plan in place, and is looking to grow My Place’s portfolio to 1,000 properties by 2024.

AT A GLANCE:
» Ownership split (U.S. properties) | 41, all franchised
» Rewards program | My Place VIP Club
» Length of contract | 20 years
» Contact | Terry L. Kline, franchising@myplacehotels.com, 605-725-5685

 

Brand NameWhat It's AboutChain ScaleCompetitive SetFranchise FeesTarget CustomerU.S. Properties/StatesU.S.
Pipeline
My Place Hotels of America Since 2013All new construction with efficient prototypical design and operating platform
MidscaleMidscale and upper-economy extended-stay brandsInitial: $35,000
Royalty: 4.5% GRR
Marketing: 2.5% GRR
Business and leisure travelers41/2075
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