Red Carpet Inn vs My Place Hotels
Franchise Comparison 2026
Both Red Carpet Inn and My Place Hotels are lodging franchises. On SBA loan performance, My Place Hotels has a lower charge-off rate (0.0%) compared to Red Carpet Inn (3.7%). FranchiseVerdict rates Red Carpet Inn A (Top Quintile) and My Place Hotels A (Top Quintile).
| Metric | Red Carpet Inn | My Place Hotels |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | ATop QuintileTop 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 | 3.7% (28 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 |
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
3.7% (28 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