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FranchiseVerdict

Sonesta Hotels and Resorts / Royal Sonesta vs My Place Hotels

Franchise Comparison 2026

Both Sonesta Hotels and Resorts / Royal Sonesta and My Place Hotels are lodging franchises. Sonesta Hotels and Resorts / Royal Sonesta requires an investment of $1.5M while My Place Hotels requires $99K – $127K. My Place Hotels has SBA lending data on file with a 0.0% charge-off rate. FranchiseVerdict rates Sonesta Hotels and Resorts / Royal Sonesta D (Below Average) and My Place Hotels A (Top Quintile).

Investment Range
$1.5M
$99K – $127K
Franchise Fee
$75K
$50K
Royalty Rate
5.0%
0.0%
Average Revenue (Item 19)
N/A
N/A
SBA Charge-Off Rate
N/A
0.0% (16 loans)
Total Units
48
78
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2021
2012
FDD Year
2026
2026