My Place Hotels vs Grand Welcome
Franchise Comparison 2026
Both My Place Hotels and Grand Welcome are lodging franchises. My Place Hotels requires an investment of $99K – $127K while Grand Welcome requires $68K – $170K. Grand Welcome discloses average revenue of $4.2M; My Place Hotels does not report Item 19 data. My Place Hotels has SBA lending data on file with a 0.0% charge-off rate. FranchiseVerdict rates My Place Hotels A (Top Quintile) and Grand Welcome C (Average).
| Metric | My Place Hotels | Grand Welcome |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | CAverageAverage |
| Investment Range | $99K – $127K | $68K – $170K |
| Franchise Fee | $50K | $49K |
| Royalty Rate | 0.0% | 8.0% |
| Average Revenue (Item 19) | N/A | $4.2M |
| SBA Charge-Off Rate | 0.0% (16 loans) | Limited data |
| Total Units | 78 | 64 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2012 | 2019 |
| FDD Year | 2026 | 2025 |
Investment Range
$99K – $127K
$68K – $170K
Franchise Fee
$50K
$49K
Royalty Rate
0.0%
8.0%
Average Revenue (Item 19)
N/A
$4.2M
SBA Charge-Off Rate
0.0% (16 loans)
Limited data
Total Units
78
64
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2012
2019
FDD Year
2026
2025