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FranchiseVerdict

Econo Lodge Motel vs My Place Hotels

Franchise Comparison 2026

Both Econo Lodge Motel and My Place Hotels are lodging franchises. On SBA loan performance, My Place Hotels has a lower charge-off rate (0.0%) compared to Econo Lodge Motel (10.7%). FranchiseVerdict rates Econo Lodge Motel F (Bottom Quintile) and My Place Hotels A (Top Quintile).

Investment Range
N/A
$99K – $127K
Franchise Fee
N/A
$50K
Royalty Rate
N/A
0.0%
Average Revenue (Item 19)
N/A
N/A
SBA Charge-Off Rate
10.7% (268 loans)
0.0% (16 loans)
Total Units
N/A
78
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
N/A
2012
FDD Year
N/A
2026