Grand Welcome vs My Place Hotels
Franchise Comparison 2026
Both Grand Welcome and My Place Hotels are lodging franchises. Grand Welcome requires an investment of $68K – $170K while My Place Hotels requires $99K – $127K. FranchiseVerdict rates Grand Welcome B (Above average) and My Place Hotels A (Strongest tier).
| Metric | Grand Welcome | My Place Hotels |
|---|---|---|
| Verdict Grade | BAbove average | AStrongest tier |
| Investment Range | $68K – $170K | $99K – $127K |
| Franchise Fee | $49K | $50K |
| Royalty Rate | 8.0% | 0% until first month Average Occupancy reaches 50%; 2.50% of Gross Room Revenue when Average Occupancy is 50% to less than 60%; 4.75% of Gross Room Revenue when Average Occupancy is 60% or more. Fee can increase but never decrease once a threshold is achieved. |
| Average Revenue (Item 19) | N/APer territory, not per outlet · Outlet subset | N/AIncl. company outlets |
| SBA Charge-Off Rate | Limited data | Limited data |
| Total Units | 64 | 78 |
| Unit Growth (YoY) | -2 units | +1 units |
| Year Began Franchising | 2019 | 2012 |
| FDD Year | 2025 | 2026 |
Investment Range
$68K – $170K
$99K – $127K
Franchise Fee
$49K
$50K
Royalty Rate
8.0%
0% until first month Average Occupancy reaches 50%; 2.50% of Gross Room Revenue when Average Occupancy is 50% to less than 60%; 4.75% of Gross Room Revenue when Average Occupancy is 60% or more. Fee can increase but never decrease once a threshold is achieved.
Average Revenue (Item 19)
N/APer territory, not per outlet · Outlet subset
N/AIncl. company outlets
SBA Charge-Off Rate
Limited data
Limited data
Total Units
64
78
Unit Growth (YoY)
-2 units
+1 units
Year Began Franchising
2019
2012
FDD Year
2025
2026