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Rates
My Place Hotels

My Place Hotels

The total investment to open a My Place Hotels franchise ranges from $5.7M to $7.0M. The initial franchise fee is $40,000. Ongoing royalties are 4.75% plus a 2.75% advertising fee.

What is the My Place Hotels franchise?

My Place Hotels is a hotel business offering rooms to travelers. The estimated total initial investment is $5,679,950 to $6,953,450, and the initial franchise fee is $40,000, according to the 2026 Franchise Disclosure Document.

The ongoing royalty is 4.75 percent of sales, and the advertising or brand fund fee is 2.75 percent. The franchise agreement lasts 20 years.

My Place Hotels began franchising in 2012. Its hotels provide places to stay for business and leisure travelers, including guests needing stays of several nights or longer.

Loan Activity Score

60/100

SBA Default Rate

0.0%

Active Lenders

13

Franchisees account for 51 of My Place Hotels's 73 locations. Public SBA loan records show 13 lenders made 16 loans to franchisees of My Place Hotels. PeerSense calculates My Place Hotels's score as 60 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2026 Franchise Disclosure Document.

2026 FDD VERIFIEDHotels (except Casino Hotels) and Motels

73 locations

Investment

$5.7M to $7.0M

Franchise Fee

$40,000

Total Units

73

51 franchised

Loan Activity Score
High
60
SBA Lending
25
Lender Quality
7
Transparency
9
Reach
7
Momentum
12

Proprietary PeerSense metric

Moderate
Capital Sources
13SBA lenders

Distinct lenders in public SBA records for My Place Hotels

16

Total SBA loans

$2.8M

Average loan size

Source: public SBA 7(a) and 504 loan records through December 31, 2025

Referral fee at closing

SBA Lending Activity for My Place Hotels

Loan Activity Score Breakdown

Growing (10 to 24 loans)

High Confidence
60out of 100
Moderate
Market Momentum12/35

Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.

Loan Safety25/25

Blended default rate (recent + all time) compared to NAICS sector peers.

Lender Confidence7/15

Quality lenders actively backing this brand, with penalty for lender pullback.

Transparency9/15

FDD availability, Item 19 disclosure, and overall data completeness.

Footprint7/10

Geographic spread of SBA funded locations across states.

SBA Lending Performance

SBA Default Rate

0.0%

vs 10.3% peer avg

SBA Loans

16

Total Volume

$45.2M

Active Lenders

13

1 selective

States

9

vs. SBA Sector Average

+10.3%lower default rate

SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors

Key Highlights

Low SBA default rate (0.0%)
Item 19 financial data disclosed

Franchise Financing Resources

SBA Loan Calculator| Franchise Funding Options| SBA Loans| Business Acquisition Financing| Equipment Financing| Bridge Loans| Compare 899 SBA Lenders| Free Deal Scan| How to Read an FDD
Hospitality: Hotel Financing| CMBS Loans

Data Insights

Key performance metrics for My Place Hotels based on SBA lending data

SBA Default Rate

0.0%

10.3% below peer avg

SBA Loan Volume

16 loans

Across 13 lenders

Lender Diversity

13 lenders

Avg 1.2 loans per lender

Investment Tier

Premium investment

$5,679,950 to $6,953,450 total

Payment Estimator

Loan Amount$4.5M
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$58,798

Principal & Interest only

Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Locations

My Place Hotels, unit breakdown

Total Units
N/A
Franchisee Owned
n/a
System Owned
n/a
Closed
n/a

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2 FDDs Available for My Place Hotels

Review franchise fees, investment ranges, royalties, Item 19 financial data, and year over year trends. Request complimentary access through your PeerSense funding advisor.

My Place Hotels

Page Review

Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense

  • PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
  • Edward L. Freeman founded PeerSense in January 2020.
  • He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
  • His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
  • In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page

Last reviewed LinkedIn profileAbout Edward Freeman