Red Carpet Inn vs My Place Hotels
Franchise Comparison 2026
Both Red Carpet Inn and My Place Hotels are lodging franchises. Red Carpet Inn has SBA lending data on file with a 3.7% charge-off rate. FranchiseVerdict rates Red Carpet Inn Unrated (Unrated) and My Place Hotels A (Strongest tier).
| Metric | Red Carpet Inn | My Place Hotels |
|---|---|---|
| Verdict Grade | AStrongest tier | |
| Investment Range | N/A | $99K – $127K |
| Franchise Fee | N/A | $50K |
| Royalty Rate | Not extracted | 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/A | N/AIncl. company outlets |
| SBA Charge-Off Rate | 3.7% (28 loans) | Limited data |
| Total Units | N/A | 78 |
| Unit Growth (YoY) | N/A | +1 units |
| Year Began Franchising | N/A | 2012 |
| FDD Year | N/A | 2026 |
Investment Range
N/A
$99K – $127K
Franchise Fee
N/A
$50K
Royalty Rate
Not extracted
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/A
N/AIncl. company outlets
SBA Charge-Off Rate
3.7% (28 loans)
Limited data
Total Units
N/A
78
Unit Growth (YoY)
N/A
+1 units
Year Began Franchising
N/A
2012
FDD Year
N/A
2026