Classico Collection By Sonesta vs My Place Hotels
Franchise Comparison 2026
Both Classico Collection By Sonesta and My Place Hotels are lodging franchises. Classico Collection By Sonesta requires an investment of $1.9M while My Place Hotels requires $99K – $127K. My Place Hotels has SBA lending data on file with a 0.0% charge-off rate. FranchiseVerdict rates Classico Collection By Sonesta B (Above Average) and My Place Hotels A (Top Quintile).
| Metric | Classico Collection By Sonesta | My Place Hotels |
|---|---|---|
| Verdict Grade | BAbove AverageAbove Average | ATop QuintileTop Quintile |
| Investment Range | $1.9M | $99K – $127K |
| Franchise Fee | $75K | $50K |
| Royalty Rate | 5.0% | 0.0% |
| Average Revenue (Item 19) | N/A | N/A |
| SBA Charge-Off Rate | N/A | 0.0% (16 loans) |
| Total Units | 1 | 78 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2023 | 2012 |
| FDD Year | 2026 | 2026 |
Investment Range
$1.9M
$99K – $127K
Franchise Fee
$75K
$50K
Royalty Rate
5.0%
0.0%
Average Revenue (Item 19)
N/A
N/A
SBA Charge-Off Rate
N/A
0.0% (16 loans)
Total Units
1
78
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2023
2012
FDD Year
2026
2026