My Place Hotels
$MPYLF500 #501CategoryLodging
SubcategoryLodging
Locations73
Franchisee Count68
Franchise Fee$50,000
Item 7 Low$98,735
Item 7 Midpoint$112,823
Item 7 High$126,910
Royalty Fees0% of your Gross Room Revenue until the first month you achieve a monthly Average Occupancy of 50%; 2.50% of your Gross Room Revenue beginning with the first calendar month that your Average Occupancy equals or exceeds 50% but is less than 60%; 4.75% of your Gross Room Revenue beginning with the first calendar month that your Average Occupancy equals or exceeds 60%.
Ad / Brand Fund3%
Sold Not Open—
ParentMy Place Hotels of America, LLC
Founded2011
Completeness33/34 (97%)
Years in Business15
Began Franchising2012
HQAberdeen, SD
Executives4
LinksWeb
Main Phone605-725-5974
FDD IssuedMarch 27, 2026
Last UpdatedOct 11, 2026
FDDs2026 · 2025 · 2024 · 2022 🔒
Franchisor
Franchisees must use a specific property management system that includes two desktop computers, one laptop, five staff tablets, and a business center computer and printer, costing between $22,500 and $27,000. Monthly fees for system upgrades are approximately $1,344, totaling about $16,124 annually.
Read My Place Hotels’s complete March 27, 2026 Franchise Disclosure Document — plus 3 prior years on file. Founder level — $19/mo — also unlocks Item 19 revenue, financial strength and unit trajectory across all 4,049 brands on FranDeals.
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Rev Spread
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Saturation
1.8 / M
Litig/100
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Rev/Invest
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Rev Spread
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Payback
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Net Growth
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Saturation
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