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. FranchiseVerdict rates My Place Hotels A (Strongest tier) and Grand Welcome B (Above average).
| Metric | My Place Hotels | Grand Welcome |
|---|---|---|
| Verdict Grade | AStrongest tier | BAbove average |
| Investment Range | $99K – $127K | $68K – $170K |
| Franchise Fee | $50K | $49K |
| Royalty Rate | 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. | 8.0% |
| Average Revenue (Item 19) | N/AIncl. company outlets | N/APer territory, not per outlet · Outlet subset |
| SBA Charge-Off Rate | Limited data | Limited data |
| Total Units | 78 | 64 |
| Unit Growth (YoY) | +1 units | -2 units |
| Year Began Franchising | 2012 | 2019 |
| FDD Year | 2026 | 2025 |
Investment Range
$99K – $127K
$68K – $170K
Franchise Fee
$50K
$49K
Royalty Rate
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.
8.0%
Average Revenue (Item 19)
N/AIncl. company outlets
N/APer territory, not per outlet · Outlet subset
SBA Charge-Off Rate
Limited data
Limited data
Total Units
78
64
Unit Growth (YoY)
+1 units
-2 units
Year Began Franchising
2012
2019
FDD Year
2026
2025